Page 100 - DCOM101_FINANCIAL_ACCOUNTING_I

Financial Accounting-I

Notes (g) Goods returned by a customer ` 3,500

(h) Cheque dishonoured by bank ` 2,000
8. Record the following transactions for the Month of August 2006 in the Purchases Book of
M/s Harsha Electronics:

Date Details
2006 Purchased from M/s.Naresh Electronics (Invoice No. 250)
August 5 5 Colour T.V @ 12500 per piece.
Trade Discount on all items @20%.
August 10 Bought from M/s Capital Electronics: (Invoice No. 826)
20 Tape Recorders @ `1650 per piece
Trade Discount 10% on purchases.
August 17 Purchased from M/s. East Electronics: (Invoice No. 456)
15 Stereos @ `4000 per piece
2 Color T.V. 14”@ ` 10500 per piece
Trade Discount @5%.

August 25 Purchased form M/s. Naresh Electronics: (Invoice No. 294)
10 Small T.V. @ `1,200 per piece
3 Colour T.V. 17”@ `12000 per piece
Trade Discount 10%.
August 30 Bought from M/s Pavitra Electronics: (Invoice No. 82)
20 Video cassettes @ `150 per piece Net.
9. The Details submitted by M/s. Harsha Electronics for the month of August 2006 are as
under:
Date Details
2006 Goods returned to M/s. Capital Electronics vide Debit note
August 17 No.016/2006.
5 Tape Recorders @ `1650 per piece
Trade Discount @ 10% on purchases.
10. M/s Furniture Mart wants you to prepare Sales journal for the month ended March 2006,
from the following details of sale of goods:

Date Details
2006
March 4 Sold on Credit to M/s Mena Traders : Vide Invoice No.213
(a) Two Double Beds @ `7100 each.
(b) Five Chairs @ `260 each
March 9 Sold on Credit to M/s Kohli Furniture : Vide Invoice No. 278
5 Tables @ `1400 Each
March 24 Sold on Credit to M/s Handa Furniture Mart : Vide Invoice No. 302
4 Sofa Sets @ `18000 each
March 30 Sold on Credit to M/s Furniture Traders : Vide Invoice No. 327,
6 Single Beds @ `6,000 each

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