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Record the following transactions of Rajkishore and sons (Hardware and Sanitarystore) (Delhi) in appropriate Subsidiary books. (Assume IGST @ 12% CGST @ 6%SGST @ 6%) (Prepare Journal Proper is also required).1st April, 2020 Sold to Hindustan traders (Delhi)50 L-Drops @ * 60 each Less 20% Trade discount20 Tower bolts @ 120 each Less 25% Trade discount5th April, 2020Purchased from Rahul Traders (Chennai)25 door lock set @ * 600 each20 door latch @ 800 each10th April, 2020Chaudhary and sons purchased from us80 Dozen door hinges @ * 90 per dozenPurchased from Commercial Typing college and instruments1 Typewriter @ 6,000 on credit12th April, 202016th April, 2020Sri Ram and Sons (Ayodhya - Uttar Pradesh) sold to us10 Door handle sets @180 each less 10% Trade discount20th April, 2020Hindustan Traders returned5 L-Drops22nd April, 2020Sold to Jai Bhagwan for cashDoor hinges for 11,200 net including GST25th April, 2020Returned to Sri Ram and Sons2 Door handle set |
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Answer» Answer: SGST @ 6%) (Prepare Journal Proper is also required). 1ST APRIL, 2020 Sold to Hindustan traders (Delhi) 50 L-Drops @ * 60 each Less 20% TRADE discount 20 Tower bolts @ 120 each Less 25% Trade discount 5th April, 2020 Purchased from Rahul Traders (Chennai) 25 door lock set @ * 600 each 20 door latch @ 800 each 10th April, 2020 Chaudhary and sons purchased from us 80 Dozen door hinges @ * 90 per dozen Purchased from Commercial Typing college and instruments 1 Typewriter @ 6,000 on credit 12th April, 2020 16th April, 2020 Sri Ram and Sons (Ayodhya - Uttar Pradesh) sold to us 10 Door handle sets @180 each less 10% Trade discount 20th April, 2020 Hindustan Traders returned 5 L-Drops 22nd April, 2020 Sold to Jai Bhagwan for cash Door hinges for 11,200 net including GST 25th April, 2020 |
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