Q.From the following transactions of Kavya Traders for April 2026, prepare the Sales Book, and state the amount to be posted to the credit of the Sales Account:
April 3 — Sold to Kumar Stores on credit: 80 units @ ₹70 each, less trade discount 10%.
April 12 — Sold to Anitha Enterprises on credit: 60 units @ ₹90 each, less trade discount 5%.
April 20 — Sold an old delivery van, no longer required, to Bala on credit for ₹8,000.
April 28 — Sold to Kumar Stores on credit: 40 units @ ₹75 each, less trade discount 10%.

Only credit sales of trading goods, net of trade discount, go into the Sales Book — the old delivery van is a used asset, not goods, so its sale is excluded and belongs in the Journal Proper.

April 3: 80 × ₹70 = ₹5,600, less 10% ₹560 = ₹5,040. April 12: 60 × ₹90 = ₹5,400, less 5% ₹270 = ₹5,130. April 20 is excluded — a used delivery van is not goods the business sells. April 28: 40 × ₹75 = ₹3,000, less 10% ₹300 = ₹2,700.

The April 20 sale of the old delivery van, though on credit, is excluded from the Sales Book — a used delivery van no longer required is a fixed asset being disposed of, not goods the business normally sells. It is instead recorded in the Journal Proper: Bala's A/c Dr ₹8,000; To Delivery Van A/c ₹8,000 (subject to recognising any profit or loss on disposal against the van's book value, covered in the Depreciation Accounting chapter).

Posting: ₹12,870 is posted to the credit of the Sales Account. Individually, ₹5,040 + ₹2,700 = ₹7,740 is posted to the debit of Kumar Stores' account, and ₹5,130 to the debit of Anitha Enterprises' account.

Students often include the sale of a used fixed asset in the Sales Book simply because it was sold on credit — remember that the Sales Book is reserved strictly for goods the business trades in, never for the disposal of an asset it once used internally.