The following are some of the transactions of M/s Modern Stores during the month of March, 2026 as per their Waste Book. You are required to make…

CA Foundation · Accounting · PYQS · May 2026
The following are some of the transactions of M/s Modern Stores during the month of March, 2026 as per their Waste Book. You are required to make out their Returns Outward Book. SI. No. Date Particulars 1 8 March, 2026 Returned items to Manoj Stationery Mart 12 Dozen Pencils @50 per Dozen 12 Dozen Pens @150 per Dozen Less: Trade Discount @4% 2 15 March, 2026 Returned items, which were bought on cash, to Raj Stationery: 8 Dozen Erasers @6 per Dozen 3 18 March, 2026 Returned Computer to Vidhi Computers, which was purchased for 28,000 for office use on credit. 4 21 March, 2026 Returned items to Rajat Copiers 8 Packets A4Paper @100 per Packet 6 Packets A3Paper @125 per Packet Less: Trade Discount @6%

Suggested Answer and Working Notes:

In the books of M/s Modern Stores Return Outward Book Date Particulars Details Amount 2026 ₹ March,8 Manoj Stationary Mart 12 doz pencils @50 per doz 600 12 doz Pens @150 per doz. 1,800 2,400 Less:4% trade discount (96) 2,304 March,21 Rajat Copies 8 Packets A4paper @100 per Packet 800 6 Packets A3paper @125 per Packet 750 1,550 Less:6% trade discount (93) 1,457 Total 3,761 Note: Returns of cash purchases and returns of computer are not recorded in the Return Outward Book.

Topics: Subsidiary Books

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