1.

Prepare Returns Inward and Returns Outward Books from the following in the books of Modern Shoes, Kolkata (West Bengal) assuming CGST 6% and SGST 6% :- 2018 January 3 Returned to Bata Shoe Co., Kolkata 50 pairs of Chappals being not up to the approved sample ₹ 600 per pair Less: Trade Discount 20% 10 Guru Nanak & Co., Kolkata, returned to us :- 10 pairs of Shoes, for being defective ₹ 1,200 per pair Less: Trade Discount 10% 15 Returned to Baluja Shoe Co., Kolkata 20 pairs of ladies chappals ₹ 500 per pair Less: 15% 22 Partap Footwear Co., Patna (Bihar), returned to us :- 50 pairs of Shoes ₹ 1,400 per pair Less: 5% 27 Manoj Shoe Co., Kolkata, returned to us :- 20 pairs of Sandals ₹ 1,000 per pair 31 Returned to Liberty Shoe Co., Ranchi (Jharkhand) defective shoes worth ₹ 5,000.

Answer» Prepare Returns Inward and Returns Outward Books from the following in the books of Modern Shoes, Kolkata (West Bengal) assuming CGST 6% and SGST 6% :-





































































2018
January 3 Returned to Bata Shoe Co., Kolkata
50 pairs of Chappals being not up to the approved sample ₹ 600 per pair
Less: Trade Discount 20%
10 Guru Nanak & Co., Kolkata, returned to us :-
10 pairs of Shoes, for being defective ₹ 1,200 per pair
Less: Trade Discount 10%
15 Returned to Baluja Shoe Co., Kolkata
20 pairs of ladies chappals ₹ 500 per pair
Less: 15%
22 Partap Footwear Co., Patna (Bihar), returned to us :-
50 pairs of Shoes ₹ 1,400 per pair
Less: 5%
27 Manoj Shoe Co., Kolkata, returned to us :-
20 pairs of Sandals ₹ 1,000 per pair
31 Returned to Liberty Shoe Co., Ranchi (Jharkhand) defective shoes worth ₹ 5,000.


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