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Enter the following transactions in Return Inward Book of M/s Kanitkar & Co. of Mumbai (Maharashtra) assuming CGST 2.5% and SGST 2.5% and post it into Ledger: 2018 Jan. 5 Goods returned to us by Giriraj & Co., Pune (Maharashtra) worth ₹ 40,000, less 10% trade discount. 10 Shah Brothers, Jaipur (Rajasthan) returned goods, being not according to sample ₹ 30,000. 16 Allowance claimed by Jai Singh & Co., Mathura (U.P) on account of a mistake in the invoice ₹ 10,000. 20 Good returned by Gopalsons, Mumbai being defective ₹ 20,000.

Answer» Enter the following transactions in Return Inward Book of M/s Kanitkar & Co. of Mumbai (Maharashtra) assuming CGST 2.5% and SGST 2.5% and post it into Ledger:



























2018
Jan. 5 Goods returned to us by Giriraj & Co., Pune (Maharashtra) worth ₹ 40,000, less 10% trade discount.
10 Shah Brothers, Jaipur (Rajasthan) returned goods, being not according to sample ₹ 30,000.
16 Allowance claimed by Jai Singh & Co., Mathura (U.P) on account of a mistake in the invoice ₹ 10,000.
20 Good returned by Gopalsons, Mumbai being defective ₹ 20,000.


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