Record the following transactions of M/s. Kishore & Sons, Delhi in their Sales Book:
Sold to M/s. Gupta & Verma, Delhi:
30 shirts @ Rs. 400 each
20 trousers @ Rs. 600 each
Less: Trade Discount @ 10%
Sold old furniture to M/s. Sehgal & Co., Delhi for Rs. 8,000
Sold 50 shirts to M/s. Jain & Sons, Kanpur @ Rs. 400 each
Sold to M/s. Mathur & Jain, Kolkata:
100 shirts @ Rs. 400 each
10 overcoats @ Rs. 1,000 each
Less: Trade Discount @ 10%

M/s Auto Aid, Delhi purchased 500 pieces of car horns @ Rs. 200 each less 10% Trade Discount plus IGST @ 12% from M/s Auto Horns, Chandigarh. What is the invoice value?

From the following transactions of M/s. Ridhima Sales, Kolkata , prepare Sales Book: 2019 March 1 Sold to M/s. Gayatri Tea, Assam, vide Invoice No. 2005, 3 chests of tea for Rs. 5,000 per chest less Trade discount @ 5% , and IGST is charged @ 12%. March 4 Sold to M/s. Mohan & Sons, Kolkata vide Invoice No. 2006, 20 kg Amul Butter 2 Rs. 250 per kg less Trade discount @ 5% and charged CGST and SGST @ 6% each. March 5 Sold to M/s. Garry Sons, Delhi vide Invoice No. 2007, 20 kg Assam Tea @ Rs. 600 per kg less Trade discount @ 5%, charged IGST @ 12%. Freight and packing charges were separately charged in the invoice at Rs. 1,600. Also, show the Journal entry for the entries recorded in the Sales Book.

Record the following transactions of Abhay & Co., Kolkata in the Returns Inward Book and post these transactions into the Ledger accounts: 2019 January 1 Ramesh & Co., Guwahati returned 500 pens sold @ Rs. 50 per unit Less: Trade Discount @ 10% Add: IGST @ 12% January 25 Naresh & Co., Kolkata returned 300 pens sold @ Rs. 55 per unit Add: CGST and SGST @ 6% each

A shirt with marked price Rs 800 was sold at Rs 680. The rate of discount allowed on the shirt is

Find the S.P. if M.P. = Rs 1300 and Discount = 10% M.P. = Rs 500 and discount = 15 %

Record the following in Purchases Return Book and post them in ledger book: 2018 Dec. 10 Returned 2 washing machines purchased from M/s. Manohar Electronics at the list price of Rs. 7,000 per machine, less Trade Discount 20% , CGST and SGST was paid @ 6% each. Dec. 24 Returned 6 pendrives to M/s. Sonika Electronics purchased @ Rs. 1,000 each plus IGST @ 12%.

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.

From the following information of M/s. Narain & Co., Delhi, prepare the Purchases Book for the month of February, 2019 : 2019 February 1 Purchased from M/s. Brown & Co., Kolkata: 5 gross pencils @ Rs. 1,200 per gross 2 dozen registers @ Rs. 500 per dozen Less: Trade Discount @ 10% February 2 Purchased for cash from the Stationery Mart: 10 dozen exercise books @ Rs. 300 per dozen February 3 Purchased computer printer for office use from M/s. Office Goods Co. for Rs. 20,000 February 4 Purchased from The Paper Co., Delhi: 8 reams of white paper @ Rs. 500 per ream 10 reams of ruled paper @ Rs. 600 per ream Less: Trade Discount @ 10% February 5 Purchased 80 Reynolds Pens @ Rs. 5 each from M/s. Verma Bros., Delhi Note: CGST and SGST is levied @ 2.5% each and IGST is levied @ 5%.

From the following information of M/s. Narain & Co., Delhi, prepare the Purchases Book for the month of February, 2019 : 2019 February 1 Purchased from M/s. Brown & Co., Kolkata: 5 gross pencils @ Rs. 1,200 per gross 2 dozen registers @ Rs. 500 per dozen Less: Trade Discount @ 10% February 2 Purchased for cash from the Stationery Mart: 10 dozen exercise books @ Rs. 300 per dozen February 3 Purchased computer printer for office use from M/s. Office Goods Co. for Rs. 20,000 February 4 Purchased from The Paper Co., Delhi: 8 reams of white paper @ Rs. 500 per ream 10 reams of ruled paper @ Rs. 600 per ream Less: Trade Discount @ 10% February 5 Purchased 80 Reynolds Pens @ Rs. 5 each from M/s. Verma Bros., Delhi