Advertisements
Advertisements
प्रश्न
What is a sales book?
उत्तर
- A sales book is a subsidiary book maintained to record the credit sale of goods. Goods mean the items in which the business is dealing.
- These are meant for regular sale.
- Cash sale of goods and sale of property and assets whether for cash or on credit are not recorded in the sales book.
- This book is also named as sales daybook, sold day book, sales journal, or sale register.
APPEARS IN
संबंधित प्रश्न
Select the most appropriate answer from the alternatives given below and rewrite the sentence:
The source document for recording in Sales book is ______
State whether the following statement is True or False with reasons:
Assets sold on credit are entered in Sales Journal.
State whether the following statement is True or False with reasons:
Cash sales are entered in Sales Journal
Sales book is used to record ____________.
The total of the sales book is posted periodically to the credit of _____________.
From the following transactions write up the Sales day book of M/s. Ram & Co., a stationery merchant.
| 2017 | Particulars |
| Jan. 1 | Sold to Anbu & Co., on credit 20 reams of white paper @ ₹ 150 per ream |
| Jan. 2 | Sold to Jagadish & Sons on credit 6 dozen pens @ ₹ 360 per dozen |
| Jan. 10 | Sold old newspapers for cash @ ₹ 620 |
| Jan. 15 | Sold on credit M/s. Elango & Co., 10 drawing boards @ ₹ 170 per piece |
| Jan. 20 | Sold to Kani & Co., 4 writing tables at ₹ 1,520 per table for cash |
Prepare Purchases book and Sales book in the books of Santhosh Textiles Ltd., from the following transactions given for April, 2017.
| 2017 | Particulars |
| April 1 | Purchased goods from Prasad, Kancheepuram on credit |
| 100 meters Silk @ ₹ 450 per meter | |
| 75 meters Velvet @ ₹ 180 per meter | |
| April 10 | Sold goods to Rathinam, Chennai on credit |
| 60 meters Silk @ ₹ 490 per meter | |
| 50 meters Velvet @ ₹ 210 per meter | |
| April 18 | Nathan & Sons purchased from us on credit |
| 100 meters Silk @ ₹ 510 per meter | |
| April 20 | Purchased goods from Hari Ram & Sons, Madurai on credit |
| 50 rolls kada cloth @ ₹ 730 per roll | |
| 80 rolls cotton cloth @ ₹ 650 per roll | |
| April 24 | Purchased from Mohan, Karur for cash |
| Shirting cloth @ ₹ 7,000 | |
| Sarees @ ₹ 25,000 |
Sold 50 Shirts at ₹ 300 per shirt and 40 Trousers at ₹ 600 each. What is the amount of sales?
Sold 30 Jackets at ₹ 500 per Jacket at 8% Trade discount, What is the amount of Trade discount?
| Cash Sales | Credit Sales | Total Sales | Total Debtors | |||
| 1,20,000 | + | 1,40,000 | = | 2,60,000 | − | ? |
