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Question
Prepare necessary subsidiary books in the books of Niranjan and also Sachin account and Mukil account from the following transactions for the month of February, 2017.
| 2017 | Particulars | ₹ |
| Feb. 1 | Purchased goods from Mukil Traders on credit | 12,480 |
| Feb. 4 | Goods sold to Sachin Traders on credit | 15,000 |
| Feb. 6 | Sold goods to Manish Traders on credit | 12,100 |
| Feb. 7 | Sachin Traders returned goods for which cash is not paid | 1,200 |
| Feb. 9 | Returned goods to Mukil Traders for which cash is not received | 1,500 |
| Feb. 10 | Sold goods to Manish & Co., on credit | 13,300 |
| Feb. 14 | Purchased from Mukil Traders on credit | 15,200 |
Solution
In the books of Niranjan
Purchase book
| Date | Particulars | Invoice No. | L.F. | Amount ₹ | |
| Details | Total | ||||
| 2017 | |||||
| Feb. 1 | Mukil Traders | 12,480 | |||
| Feb. 14 | Mukil Traders | 15,200 | |||
| Purchases A/c .........Dr. | 27,680 | ||||
Sales book
| Date | Particulars | Invoice No. | L.F. | Amount ₹ | |
| Details | Total | ||||
| 2017 | |||||
| Feb. 4 | Sachin Traders | 15,000 | |||
| Feb. 6 | Manish Traders | 12,100 | |||
| Feb. 10 | Manish & Co. | 13,300 | |||
| Sales A/c .........Cr. | 40,400 | ||||
Purchase return book
| Date | Particulars | Debit Note No. | L.F. | Amount ₹ | Remarks | |
| Details | Total | |||||
| 2017 | ||||||
| Feb. 9 | Mukil Traders | 1,500 | Cash is not received | |||
| Purchase returns A/c .....Cr. | 1,500 | |||||
Sales return book
| Date | Particulars | Credit Note No. | L.F. | Amount ₹ | Remarks | |
| Details | Total | |||||
| 2017 | ||||||
| Feb. 7 | Sachin Traders | 1,200 | Cash is not paid | |||
| Sales Returns book A/c ...........Dr. | 1,200 | |||||
Sachin A/c
Dr. Cr.
| Date | Particulars | J.F. | Amount ₹ | Date | Particulars | J.F. | Amount ₹ |
| 2017 | 2017 | ||||||
| Feb. 4 | To Sales A/c | 15,000 | Feb. 7 | By Sales return A/c | 1,200 | ||
| Feb. 28 | By Balance c/d | 13,800 | |||||
| 15,000 | 15,00 | ||||||
| March 1 | To Balance b/d | 13,800 |
Mukil A/c
Dr. Cr.
| Date | Particulars | J.F. | Amount ₹ | Date | Particulars | J.F. | Amount ₹ |
| 2017 | 2017 | ||||||
| Feb. 9 | To Purchase return A/c | 1,500 | Feb. 1 | By Purchase A/c | 12,480 | ||
| Feb. 28 | By Balance c/d | 26,180 | Feb. 14 | By Purchase A/c | 15,200 | ||
| 27,680 | 27,680 | ||||||
| March 1 | To Balance b/d | 26,180 |
APPEARS IN
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