From the following particulars prepare a Sales Day Book of Debapriyo Traders:
| Date (2019) | Particulars |
|---|---|
| January 2 | Sold to Green Tea Co. Ltd. 3 Chests of Tea for Rs. 700 less T.D. @ 5%. |
| January 5 | Sold to Soma & Co. 2.5 dozen postage albums @ Rs. 10 each, less T.D. @ 5%. |
| January 9 | Sold to Dolly Studio 5 dozen photograph frames @ Rs. 15 each, less T.D. @ 2 1/2 %. |
Or
Mr. Sen is the owner of a shop. Prepare a suitable Cash Book for the month of November, 2020:
| Date (2020) | Particulars |
|---|---|
| November 1 | Cash in hand Rs. 12,000; Cash at Bank Rs. 27,500. |
| November 7 | Purchased goods from Roni amounting to Rs. 6,000 and paid by cheque. |
| November 13 | Sold goods for cash Rs. 15,000 and deposited into Bank. |
| November 17 | Received two cheques for sale of goods from X Rs. 7,400 and Rs. 5,000 from Y. |
| November 19 | Deposited the cheque of X into bank and endorsed the other cheque to C. |
| November 22 | Withdrew from Bank Rs. 2,000 for office use. |
| November 24 | Received Commission by cheque amounting to Rs. 1,000. |
| November 30 | Paid rent Rs. 1,500 and wages Rs. 200. |
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Start your 14-day free trial to unlock the full solution →The Sales Day Book records each credit sale net of trade discount: Green Tea Co. Rs. 665, Soma & Co. Rs. 285, Dolly Studio Rs. 877.50, totalling Rs. 1,827.50.
Sales Day Book of Debapriyo Traders
| Date (2019) | Particulars (Invoice details) | Details (Rs.) | Amount (Rs.) |
|---|---|---|---|
| Jan 2 | Green Tea Co. Ltd. — 3 chests of tea = 700; Less: T.D. @ 5% = 35 | 700.00 / 35.00 | 665.00 |
| Jan 5 | Soma & Co. — 2.5 doz (30) postage albums @ Rs. 10 = 300; Less: T.D. @ 5% = 15 | 300.00 / 15.00 | 285.00 |
| Jan 9 | Dolly Studio — 5 doz (60) photo frames @ Rs. 15 = 900; Less: T.D. @ 2.5% = 22.50 | 900.00 / 22.50 | 877.50 |
| Total (transferred to the credit of Sales A/c) | 1,827.50 |
Trade discount is deducted before entering the amount and is never shown separately in the ledger. Total = 665 + 285 + 877.50 = Rs. 1,827.50.
Or — Cash Book of Mr. Sen for November, 2020 (Two-column: Cash and Bank). Cheques received on 17 Nov are held as cash until banked/endorsed on 19 Nov; depositing X's cheque and the 22 Nov withdrawal are contra entries (C).
| Date | Receipts (Dr.) | L.F. | Cash (Rs.) | Bank (Rs.) | Date | Payments (Cr.) | L.F. | Cash (Rs.) | Bank (Rs.) |
|---|---|---|---|---|---|---|---|---|---|
| Nov 1 | To Balance b/d | 12,000 | 27,500 | Nov 7 | By Purchases | 6,000 | |||
| Nov 13 | To Sales | 15,000 | Nov 19 | By Bank (X's cheque deposited) | C | 7,400 | |||
| Nov 17 | To Sales (cheque from X) | 7,400 | Nov 19 | By C (Y's cheque endorsed) | 5,000 | ||||
| Nov 17 | To Sales (cheque from Y) | 5,000 | Nov 22 | By Cash (withdrawn for office) | C | 2,000 |
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