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Prepare Purchases and Sales Books from the following transactions of Rahul, Bengaluru:
2022 Jan 1 Bought from M/s. Uma Dutt, Mumbai: 1,000 Registers @ ₹ 80 each 50 Reams Paper @ ₹ 250 per ream Less: Trade Discount 25%
Jan 2 Sold to Shri Dayal, Bengaluru: 250 Registers @ ₹ 85 each 5 Reams paper @ ₹ 300 per ream
Jan 8 Bought from BILT, Delhi: 100 Reams Ruled Paper @ ₹ 600 per ream Less: Trade Discount 15%
Jan 12 Sold to Gupta Bros., Delhi: 250 Registers @ ₹ 85 each 50 Reams Ruled Paper @ ₹ 700 per ream Less: Trade Discount 5%
Jan 18 Sold to Ram Saran Das: 20 copies Double Entry Book Keeping @ ₹ 85 each
Jan 25 Bought from Hari Ram, Delhi: 1,000 pens @ ₹ 10 each Less: Trade Discount 15%
Jan 31 Sold to Rishi Kumar, Bengaluru: 300 Registers @ ₹ 90 each 50 Reams Rules Paper @ ₹ 700 per ream 20 Reams Paper @ ₹ 300 per ream Less: Trade Discount 10%
[Total of Purchases Book – ₹ 1,28,875; Total of Sales Book – ₹ 1,39,087.]
Anurag Pathak Changed status to publish September 22, 2023
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