Enter the following transactions in the Subsidiary Book of Kamal Traders.

Enter the following transactions in the Subsidiary Book of Kamal Traders. 

2018 April.

01. Bought from Suhas goods of Rs.12,000 as per his Invoice No. 41.

04. Purchased from Virat goods of Rs.11,870 less 10% Trade Discount vide Bill No.12.

07. Bought from Kuldip goods of Rs.11,000 less 25% Trade Discount vide Bill No.12.

08. Bought from M/s. Art Furniture Works, Furniture for Rs.13,000 vide Invoice No.84.

12. Sold to Dhiraj goods of Rs.11,500 vide Sales Invoice No.27.

13. Sold to Raja goods of rs.12,780 less 5% Trade Discount, vide Invoice No.88.

21. Sold to Suresh goods of Rs.8,000 less 20% Trade Discount.

23. Dhiraj returned goods of Rs.500 vide our Credit note No.14.

26. Suresh returned goods of Rs.150 [gross] vide our Credit Note No.115.

28. Returned to Suhas goods Rs.1,200 vide our Debit Note No.09.

30. Returned to Virat goods of Rs.1,300 [Gross] vide our Debit Note no.10.

30. Returned to Kuldip goods of Rs.1,100 [Gross] vide our Debit Note No.11.

Solution:

Subsidiary Book

In the books of Kamal Traders

                 Purchase Book 

Date	Particulars	Invoice Inward No.	L.F	Amount
2018 Apr. 1	Suhas	41		12,000
4	Virat	12		10,683
7	Kuldip	12		8,250
	Total			30,933

 
               

 

Sales Book 

Date	Particulars	Invoice outward No.	L.F	Amount
2018 Apr.  12	Dhiraj	27		11,500
13	Raja	88		12,141
21	Suresh			6,400
	Total			30,041

 
            

Purchase Return Book 

Date	Particulars	Debit  Note	L.F	Amount
2018 Apr. 28	Suhas	09		1,200
30	Virat	10		1,170
30	Kuldip	11		825
	Total			3,195

 
             

Sales Return Book 

Date	Particulars	Credit  Note	L.F	Amount
2018Apr. 23	Dhiraj	14		500
26	Suresh	115		120
	Total			620

 
 

 Journal Entry 

In the Books of Kamal Traders

Date	Particulars	L.F	Debit	Credit
2018  Apr 8	Art Furniture A/c    Dr.         To Cash A/c  [Being Purchased furniture form Art Furniture work]		13,000	13,000
			13,000	13,000