Home
Class 11
ACCOUNTS
Journalise the following transactions in...

Journalise the following transactions in the books of M/s. R.K. & Co.:
(i) Purchased goods of list price of Rs. 20,000 form Vishal at `20%` trade discount against cheque payment.
(ii) Purchased goods of list price of Rs. 20, 000 from Naman at `15%` trade discount against cash.
(iii) Purchased goods of list price of Rs. 30,000 from Amrit at `20%` trade discount.
(iv) Purchased goods of list price of Rs. 40,000 for Rs. 35,000 for cash.
(v) Goods returned of list price of Rs. 10,000 purchased from Amrit.
(vi) Sold goods to Parul of list price of Rs. 40,000 at `10%` trade discount against cheque payment.
(vii) Sold goods to Aman of list price of Rs. 30,000 at `10%` trade discount against cash.
(viii) Sold goods to Pawan of list price of Rs. 20,000 at ` 10%` trade discount.
(ix) Sold goods to Yamini of list price of Rs. 25,000 for Rs. 23,000.
(x) Sold goods costing Rs. 10,000 at cost plus `20%` less `10%` trade discount to Bhupesh.
(xi) Sold goods purchased at list price of Rs. 50,000 less `15%` . trade discount sold at a profit of `25%` less `10%` trade discount against cheque.
(xii) Aman returned goods of list price of Rs. 10,000 sold to him at `10%` trade discount.

Promotional Banner

Topper's Solved these Questions

  • JOURNAL

    TS GREWAL|Exercise EVALUATION QUESTIONS: QUESTIONS WITH MISSING VALUES|2 Videos
  • JOURNAL

    TS GREWAL|Exercise Short Answer Type Questions|15 Videos
  • INTRODUCTION TO ACCOUNTING

    TS GREWAL|Exercise Short Answer Type Questions|19 Videos
  • LEDGER

    TS GREWAL|Exercise Practical Problems|5 Videos

Similar Questions

Explore conceptually related problems

Sold goods for cash of the list price of Rs 8,000 at 10% trade discount and 3% cash discount. Posting will be made in Discount A/c:

Purchased goods from Manoj of Rs 20,000 at 20% trade discount. Posting will be made in Manoj A/c:

Record the following transactions in Journal in the books of Shyam & Co., Delhi: (i) Received cash from Ram of Delhi for a bad debt written off last year Rs. 10,000. (ii) Paid in cash Rs. 9,800 to Sohan of Delhi on his account for Rs. 10,000 in settlement. (iii) Received Rs. 9,750 from Hari in full settlement of his account for Rs. 10,000. (iv) Bought goods at the list price of Rs. 25,000 from Mohan, Meerut (UP) less 20% trade discount and 2% cash discount and paid 40% by cheque. (v) Sold goods to Rakesh of Delhi at the list price of Rs. 50,000,less 20% trade discount of 2% cash discount and paid 50% by cheque. (vi) Sold goods to James of Kolkata for Rs. 10,000, allowing him a trade discount of 5% and a cash discount of 10% . CGST and SGST is levied @ 9% each on intra-state purchase and sale of goods. IGST is levied @ 18% on inter-state purchase and sale of goods.

A DVD is listed at Rs. 300 with a discount of 20%. The additional discount to be offered to bring the net price to Rs. 216 is

Journalise the following transactions in the books of Bhushan Agencies: (i) Received from Bharat cash Rs. 20,000, allowed him discount of Rs. 500. (ii) Received from Vikas Rs. 35,000 by cheque, allowed him discount of Rs. 750. (iii) Received from Amrit Rs. 38,000 in settlement of him dues of Rs. 40,000 in cash. (iv) Received from Amrit Rs. 50,000 by cheque on account against dues of Rs 60,000. (v) Paid cash Rs. 40,000 to Suresh, availed discount of 2% . (vi) Paid by cheque Rs. 25,000 to Mehar and settled her dues of Rs. 26,000. (vii) Paid Rs. 25,000 to Yogesh by cheque on account. (viii) Purchased goods costing Rs. 1,00,000 against cheque and availed discount of 3% . (ix) Purchased goods costing Rs. 60,000 from Akash & Co., paid 50% immediately availing 3% discount. (x) Sold goods of Rs. 30,000 against cheque allowing 2% discount. (xi) Sold goods of Rs. 60,000 to Vimal received 50% of due amount allowing 2% discount.

The list price of a frock is Rs 220. A discount of 20% is announced on sales.What is the amount of discount on it and its sale price.

TS GREWAL-JOURNAL-Practical problems
  1. Journal Without Goods and Services Tax (GST) Following transaction...

    Text Solution

    |

  2. Journalise the following transactions of Mr. Rahul:

    Text Solution

    |

  3. Journalise the following transactions in the books of M/s. R.K. & Co.:...

    Text Solution

    |

  4. Journalise the following transactions in the books of Bhushan Agencies...

    Text Solution

    |

  5. Journalise the following transactions: (i) Shyam became insolvent. A...

    Text Solution

    |

  6. Journalise the following entries: (i) Goods costing Rs. 500 given as...

    Text Solution

    |

  7. Journalise the following transactions:

    Text Solution

    |

  8. Journalise the following transactions of Singh Enterprises, Delhi:

    Text Solution

    |

  9. Journalise the following transactions of Rakesh Agencies, Delhi (Propr...

    Text Solution

    |

  10. Journalise the following transactions of Satish, Noida (UP):

    Text Solution

    |

  11. With Goods and Services Tax (GST) Following are the transactions of...

    Text Solution

    |

  12. Record the following transactions in the Journal of Ashoka Furniture T...

    Text Solution

    |

  13. M/s Auto Aid, Delhi purchased 500 pieces of car horns @ Rs. 200 each l...

    Text Solution

    |

  14. M/s Vaish Traders, Delhi purchased 500 Parker Pens @ Rs. 200 each less...

    Text Solution

    |

  15. M/s Auto Help, Delhi purchased 500 pieces of motor cycle horns at Rs. ...

    Text Solution

    |

  16. Name the accounts to be credited along with the amount for payment to ...

    Text Solution

    |

  17. Pass Journal entry for sale of goods by Rahul, Delhi to Anish, Delhi ...

    Text Solution

    |

  18. Pass Journal entry for purchase of goods by Amrit, Delhi from Ayur Pro...

    Text Solution

    |

  19. Pass Journal entry for purchase of goods by Amrit, Delhi form Add Gel ...

    Text Solution

    |

  20. Mittal Cycles purchased 100 cycles from from Hero Cycles, Ludhiana (Pa...

    Text Solution

    |