1.

Record the following transaction in the Sales Book of Karunakaran & Sons, Chennai (Tamilnadu) assuming CGST 90% and SGST 9% and post them into Ledger :- 2017 Dec. 5 Sold of M/s Banwari Lal & Sons, Chennai, goods valued at ₹ 2,00,000 less Trade Discount 10%. 10 Sold to M/s Kanti Bhai & Sons, Bengaluru (Karnataka) : 75 Electric Fans ₹ 4,000 each 20 Room Coolers ₹ 10,000 each Less: Trade Discount 8% 16 Mahindra & Co., Kochi (Kerala) purchased from us goods of ₹ 1,20,000, less: 5%. 24 Sold goods for cash ₹ 60,000.

Answer» Record the following transaction in the Sales Book of Karunakaran & Sons, Chennai (Tamilnadu) assuming CGST 90% and SGST 9% and post them into Ledger :-







































2017
Dec. 5 Sold of M/s Banwari Lal & Sons, Chennai, goods valued at ₹ 2,00,000 less Trade Discount 10%.
10 Sold to M/s Kanti Bhai & Sons, Bengaluru (Karnataka) :
75 Electric Fans ₹ 4,000 each
20 Room Coolers ₹ 10,000 each
Less: Trade Discount 8%
16 Mahindra & Co., Kochi (Kerala) purchased from us goods of ₹ 1,20,000, less: 5%.
24 Sold goods for cash ₹ 60,000.


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