Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books

Balbharti Maharashtra State Board Bookkeeping and Accountancy 11th Solutions Chapter 5 Subsidiary Books Textbook Exercise Questions and Answers.

Maharashtra State Board Bookkeeping and Accountancy 11th Solutions Chapter 5 Subsidiary Books

Objective Type Questions & Answers

1. Answer the following questions in one sentence.

Question 1.
What are Subsidiary Books?
Answer:
Subdivision of journals on the basis of nature of transactions is known as Subsidiary Books.

Question 2.
What is a Cash Book?
Answer:
The subsidiary book in which details of cash are received in the form of cash, cheques, drafts, etc., and details of payment made in the form of cash, cheques, drafts, etc. is called a cash book.

Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books

Question 3.
State the meaning of ‘Contra entry’.
Answer:
The accounting entries which appear on both the sides of cash book are called contra entries.

Question 4.
State the meaning of the imprest system of Petty Cash Book.
Answer:
Imprest System of Petty cash book is a system in which head cashier gives fixed (imprest) amount to the petty cashier at the beginning of month/fortnight to meet the expenses of that period. Later on the shortfall after meeting the expenses is reimbursed by the head cashier.

Question 5.
Which transactions are recorded in Purchase Book?
Answer:
Goods purchased on credit for resale are only recorded in the Purchase Book.

Question 6.
Which sales are recorded in Sales Book?
Answer:
Credit sales of goods are recorded in Sales Book.

Question 7.
Which transactions are recorded in the Journal Proper?
Answer:
Journal Proper is meant for recording opening entries, closing entries, adjustment entries, transfer entries, and rectification entries.

Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books

Question 8.
Who is a Petty Cashier?
Answer:
A cashier in charge of recording transactions in a petty cash book is known as Petty Cashier.

2. Give a word/term or phrase for each of the following statements:

Question 1.
A person who maintains Petty Cash Book.
Answer:
Petty Cashier

Question 2.
A bank account which the businessman prefers to open.
Answer:
Current Account

Question 3.
Petty Cash Book in which the payment side is ruled in suitable columns.
Answer:
Analytical Petty Cash Book

Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books

Question 4.
Subsidiary book in which only credit purchases of goods are recorded.
Answer:
Purchase Book

Question 5.
Subsidiary book in which return of goods sold on credit is recorded.
Answer:
Sales Return Book

Question 6.
The entry is recorded on both sides of the cash book.
Answer:
Contra Entry

Question 7.
Name the account which encourages personal savings.
Answer:
Saving Account

Question 8.
A note was issued by the buyer to the seller giving full details of goods returned.
Answer:
Debit Note

Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books

Question 9.
A note was issued by the seller on receipt of defective goods from the customer.
Answer:
Credit Note

Question 10.
Name the bank account on which overdraft facility is given to the Account holder.
Answer:
Current Account

3. Select the most appropriate answers from the alternatives given below and rewrite the sentences.

Question 1.
Cash column of Cash Book can never have ____________ balance.
(a) credit
(b) debit
(c) zero
(d) none of the above
Answer:
(a) credit

Question 2.
Any entry recorded on both sides of Cash Book is known as ____________ entry.
(a) opening
(b) rectifying
(c) transfer
(d) contra
Answer:
(d) contra

Question 3.
The source document for recording in Sales book is ____________
(a) Inward Invoice
(b) Outward Invoice
(c) Voucher
(d) Cash Memo
Answer:
(b) Outward Invoice

Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books

Question 4.
Credit purchase of Machinery is recorded in the ____________
(a) Purchase Book
(b) Cash Book
(c) Journal Proper
(d) Returns Outward Book
Answer:
(c) Journal Proper

Question 5.
Sub-division of journal is known as ____________ book.
(a) Subsidiary
(b) Purchase Return
(c) Purchase
(d) Journal Proper
Answer:
(a) Subsidiary

Question 6.
Additional cash introduced in business is recorded in ____________
(a) Purchase Book
(b) Cash Book
(c) Journal Proper
(d) Returns Inwards Book
Answer:
(b) Cash Book

Question 7.
Entry for bad debts is recorded in the ____________
(a) Sales Book
(b) Purchase Book
(c) Cash Book
(d) Journal Proper
Answer:
(d) Journal Proper

Question 8.
Direct deposit made by the customer into our bank is recorded in the ____________ side of the Cash Book.
(a) payments
(b) credit
(c) receipts
(d) both
Answer:
(c) receipts

Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books

Question 9.
The person who draws the cheque and signs on it is the ____________
(a) drawer
(b) drawee
(c) payee
(d) all of the above
Answer:
(a) drawer

Question 10.
A fixed amount is deposited for a fixed period in ____________ deposit account.
(a) Current
(b) Savings
(c) Fixed
(d) Recurring
Answer:
(c) Fixed

4. State whether the following statements are True or False with reasons:

Question 1.
Journal is a book of secondary entry.
Answer:
This statement is False.
Journal is a book of prime entry.

Question 2.
Assets sold on credit are entered in Sales Journal.
Answer:
This statement is False.
Assets sold on credit are entered in Journal Proper.

Question 3.
Cash and credit purchases are entered in Purchase Book.
Answer:
This statement is False.
Only credit purchases are entered in Purchase Book.

Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books

Question 4.
Cash sales are entered in Sales Journal.
Answer:
This statement is False.
Cash sales are entered in the cash book.

Question 5.
Cash Book records transactions relating to receipts and payments of cash.
Answer:
This statement is True.
Cashbook is prepared for cash transactions only. All incomes are receipts and they are recorded on the debit side of Cashbook. All expenses are payments recorded to the credit side.

5. Do you agree with the following statements.

Question 1.
Trade discount is recorded in Cash Book.
Answer:
Disagree

Question 2.
Petty Cash Book is a book with having a record of big payments.
Answer:
Disagree

Question 3.
Cash received is entered on the debit side of the Cash Book.
Answer:
Agree

Question 4.
Transactions recorded on both debit and credit side of Cash Book is known as Contra Entry.
Answer:
Agree

Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books

Question 5.
Credit purchase of machinery is entered in Purchase Journal.
Answer:
Disagree

6. Complete the following sentences:

Question 1.
Cash Book is a ____________ Journal.
Answer:
Subsidiary

Question 2.
In Journal Proper, only ____________ discount is recorded.
Answer:
Cash

Question 3.
Return of goods purchased on credit to the suppliers will be entered in ____________ Journal.
Answer:
Purchase return

Question 4.
Assets sold on credit are entered in ____________
Answer:
Journal proper

Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books

Question 5.
Double column Cash Book records transactions relating to cash and ____________
Answer:
Bank

Question 6.
Credit purchases of goods are recorded in ____________
Answer:
Purchase Book

Question 7.
Cash Book does not record the ____________ Transactions.
Answer:
Credit

Question 8.
Credit balance shown by a bank column in Cash Book is ____________
Answer:
Overdraft

Question 9.
Petty Cash Book is used for recording ____________ expenses.
Answer:
Petty

Question 10.
In Purchase Book goods purchased on ____________ are recorded.
Answer:
Credit

7. Correct the following sentences and rewrite them the same.

Question 1.
Cash purchases of goods are recorded in the Purchase book.
Answer:
Cash purchases of goods are recorded in Cashbook.

Question 2.
Cash Book records cash transactions as well as credit transactions.
Answer:
Cash Book records only cash transactions.

Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books

Question 3.
Small and large business records all transactions in subsidiary books.
Answer:
Large business records all transactions in subsidiary books.

Question 4.
The person who maintains the Petty Cash Book is called Chief Cashier.
Answer:
The person who maintains the Petty Cash Book is called Petty Cashier.

8. Calculate the following.

Question 1.
Cash purchases for ₹ 1,60,000 at 10% T.D. and 5% C.D. What is the amount of Net purchases?
Answer:
Gross Price = ₹ 1,60,000
Less: 10% T.D. = ₹ 16,000
Net Price = ₹ 1,44,000
Less: 5% C.D. = ₹ 7,200
Net Purchases = ₹ 1,36,800

Question 2.
Purchased goods from Harish for ₹ 12,000 @ 7% T.D. What is the amount of Trade discount?
Answer:
Trade Discount = Purchases Price × Percentage of T.D.
= 12,000 × \(\frac{7}{100}\)
= ₹ 840

Question 3.
Sold 50 Shirts at ₹ 300 per shirt and 40 Trousers at ₹ 600 each. What is the amount of sales?
Answer:
(1) 50 Shirts × ₹ 300 = ₹ 15,000
(2) 40 Trousers × ₹ 600 = ₹ 24,000
Total Sales = ₹ 39,000

Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books

Question 4.
Sold 30 Jackets at ₹ 500 per Jacket at 8% Trade discount, What is the amount of Trade discount?
Answer:
Sales Value = 30 Jackets × ₹ 500 = ₹ 15,000
Trade Discount = 15,000 × \(\frac{8}{100}\) = ₹ 1,200

9. Complete the following Table.

Question 1.
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books 9 Q1
Answer:
2,000

Question 2.
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books 9 Q2
Answer:
45,000

Question 3.
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books 9 Q3
Answer:
1,84,000

Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books

Question 4.
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books 9 Q4
Answer:
1,10,000

Question 5.
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books 9 Q5
Answer:
8,000

Question 6.
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books 9 Q6
Answer:
1,40,000

Question 7.
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books 9 Q7
Answer:
1,10,000

Question 8.
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books 9 Q8
Answer:
1,580

Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books

Question 9.
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books 9 Q9
Answer:
1,650

Question 10.
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books 9 Q10
Answer:
600

Practical Problems

Question 1.
Prepare a two-column Cash Book with the help of the following information for January 2018.

January 2018 Amt (₹)
01 Started business with cash 1,20,000
03 Cash paid into Bank of Baroda 50,000
05 Purchased goods from Sakshi on credit 20,000
06 Sold goods to Divakar and received a bearer cheque 20,000
10 Paid to Sakshi cash 20,000
14 Cheque received on December 06, 2018, deposited into Bank
18 Sold goods to Shivaji on credit 12,000
20 Cartage paid in cash 500
22 Received cash from Shivaji 12,000
27 Commission received 5,000
30 Drew cash for personal use 2,000

Solution:
In the books of ____________
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books Practical Problems Q1
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books Practical Problems Q1.1
Note: Transactions dated 5th and 18th are credit transactions, hence not to be recorded in the cash book.

Question 2.
Prepare a two-column Cash Book from the following transaction for the year July 2018.

July 2018 Amt (₹)
01 Cash in hand 17,500
01 Cash at Bank 5,000
03 Purchased goods for cash 3,000
05 Received cheque from Arun 10,000
08 Sold goods for cash 8,000
10 Arun’s cheque deposited into the bank
12 Purchased goods and paid by cheque 20,000
15 Paid establishment expenses through bank 1,000
18 Cash Sales 7,000
20 Deposited into bank 10,000
24 Paid General Expenses 500
27 Received commission by Cross cheque 6,000
29 Paid Rent 2,000
30 Withdrew cash for personal use 1,200
31 Wages paid 6,000

Solution:
In the books of ____________
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books Practical Problems Q2
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books Practical Problems Q2.1

Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books

Question 3.
Record the following transactions in the Cash Book of M/s Kamal Traders. Balance for the month of July 2018: Cash in hand ₹ 2,000 and balance in Bank Current account ₹ 8,000.

July 2018 Amt (₹)
03 Cash Sales 2,300
05 Purchased goods and amount paid by cheque 6,000
08 Cash Sales 10,000
12 Paid General Expenses 700
15 Sold goods and amount received by Cheque and deposited into Bank 20,000
18 Purchased Motor Car paid by Cheque 15,000
20 Cheque received from Mrunal deposited into Bank 10,000
22 Cash Sales 7,000
25 Mrunal’s cheque returned dishonoured
28 Paid Rent 2,000
29 Paid Telephone expenses by cheque 500
31 Cash is withdrawn from Bank for personal use 2,000

Prepare a two-column Cash Book.
Solution:
In the books of M/s Kamal Traders
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books Practical Problems Q3

Question 4.
Prepare Analytical Petty Cash Book from the following transactions in the books of Swarali General Stores, Kolhapur. The imprest amount is ₹ 1,500 received from the main cashier.

2018 January Amt (₹)
01 Paid Cartage 50
02 Telephone Charges 40
02 Bus Fare 20
03 Postage 30
04 Refreshment to Employees 80
06 Courier Charges 30
08 Refreshment to Customers 50
10 Cartage 35
15 Taxi Fare to Manager 70
18 Purchased Stationery 65
20 Bus Fare 10
22 Xerox Charges 30
25 Internet Charges 35
27 Postage Stamps 200
29 Repair on Furniture 105
30 Cleaning Expenses 115
31 Miscellaneous Expenses 100

Solution:
Analytical Petty Cash Book of Swarali General Stores
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books Practical Problems Q4

Question 5.
From the following information prepare Columnar Petty Cash Book kept on imprest system in the books of Manisha Books Stall, Beed.

2018 April Amt (₹)
01 Opening petty cash balance 200
02 Received a bearer cheque to make up the imprest amount 1,200
03 Gave a tip to peon 40
04 Purchased stationery 150
05 Paid Taxi Fare 35
06 Purchased Stamp pad 140
07 Paid Cartage 40
08 Paid Bus Fare 30
11 Paid to sweeper 50
13 Purchased a box of pencils 40
14 Paid Mobile charges 35
15 Gave it to Sohan on account 250
19 Paid for Refreshment to staff 150
20 Paid Railway Fare 30
21 Paid Carriage 65

Solution:
Analytical Petty Cash Book of Manish a Books Stall, Beed
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books Practical Problems Q5

Question 6.
Prepare proper Subsidiary Books and post them to the ledger from the following transactions for the month of February 2018.

2018 February Amt (₹)
01 Goods sold to Virat 5,000
04 Purchased goods from Khushboo Traders 2,480
06 Sold goods to Shankar Traders 2,100
07 Virat returned goods 600
08 Returns goods to Khusboo Traders 280
10 Sold goods to Mahesh 3,300
14 Purchased from Kunti Traders 5,200
15 Furniture purchased from Arun 3,200
17 Bought goods from Kunti Traders 4,060
20 Return goods to Kunti Traders 200
22 Return goods from Mahesh 250
24 Purchased goods from Kirti less 10% T.D. 5,700
25 Sold goods to Shri Surya goods less 5% T.D. 6,600
26 Sold goods to Prakash Brothers 4,000
28 Return goods to Kirti less 10% T.D. 1,000
28 Prakash Brothers returned goods 500

Solution:
In the books of ____________
Purchase Book
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books Practical Problems Q6

Sales Book
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books Practical Problems Q6.1

Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books

Purchase Return Book
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books Practical Problems Q6.2

Sales Return Book
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books Practical Problems Q6.3

In the books of ____________
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books Practical Problems Q6.4
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books Practical Problems Q6.5
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books Practical Problems Q6.6
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books Practical Problems Q6.7
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books Practical Problems Q6.8

Question 7.
Enter the following transactions in the books of Vijay in Purchase Book, Sales Book, Purchase Returns Book and Sales Returns Book and Journal Proper for the month of August 2018.
2018 August
01 Purchased goods from Vikas Stores ₹ 18,000 at 5% Trade Discount
02 Sold goods of ₹ 9,000 to Prabhakar Traders
05 Veena sold goods of ₹ 16,000 to us at 5% Trade Discount as per our order dated 28th July, 2018.
08 Sent a Debit Note to Vikas Stores ₹ 1,600 (Gross) for goods returned.
10 Sold goods of ₹ 12,000 on credit to Shamal & Sons at 6% Trade Discount.
18 Received Credit Note from Veena ₹ 900 (Gross) for goods returned.
22 Sent Credit Note to Prabhakar Traders for ₹ 1,500 for goods returned. Received Dedit note from Shamal & Sons for ₹ 1,200 (Net) for goods returned.
23 Purchased goods of ₹ 16,600 from Priya Stores and paid for Carriage ₹ 150.
25 Purchased goods from Sadhana Stores ₹ 12,000 and sold the same to Aradhana Stores at a profit of 20% on cost.
28 Aradhana Stores returned goods of ₹ 2,400 as they were defective and the same were returned to Sadhana Stores.
31 Purchased Furniture for office use ₹ 30,000 from Art Furniture Works on credit.
Solution:
In the books of Vijay
Purchase Book
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books Practical Problems Q7

Sales Book
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books Practical Problems Q7.1

Purchase Return Book
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books Practical Problems Q7.2

Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books

Sales Return Book
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books Practical Problems Q7.3

Journal Proper
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books Practical Problems Q7.4

Question 8.
Mr. Akash gives you the following information and asks you to prepare Purchase Book, Sales Book, Purchase Returns Book and Sales Return Book for the month of January 2018.
2018 January
01 Purchased goods on credit from Dhanal Traders for ₹ 15,000 and sold the same to Kunal Traders at a profit of 25% on cost.
05 Placed an order with Sunetra for goods of ₹ 10,000 less 5% Trade discount.
08 Purchased goods of ₹ 20,000 at 10% Trade Discount from Saurabha Traders.
13 Sold goods to Vinayak Stores ₹ 8,000 at 5% Trade Discount.
15 Vinayak Stores returned goods to us ₹ 200.
18 Sunetra executed our order placed on 5th Jan. 2018.
20 Sold goods to Vishnu Traders ₹ 21,000 less 5% Trade Discount.
22 Returned goods to Sunetra ₹ 1,000 (Gross).
28 Kunal Traders returned goods to us ₹ 500
30 Returned goods to Sourabh Traders ₹ 1,500.
Solution:
In the books of Mr. Akash
Purchase Book
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books Practical Problems Q8

Sales Book
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books Practical Problems Q8.1

Purchase Return Book
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books Practical Problems Q8.2

Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books

Sales Return Book
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books Practical Problems Q8.3

Question 9.
Enter the following transactions in the Subsidiary Book of Kamal Traders.
2018 April
01 Bought from Suhas goods of ₹ 12,000 as per his Invoice No. 41.
04 Purchased from Virat goods of ₹ 11,870 less 10% Trade Discount vide Bill No. 12.
07 Bought from Kuldip goods of ₹ 11,000 less 25% Trade Discount vide Bill No. 12.
08 Bought from M/s. Art Furniture Works, Furniture for ₹ 13,000 vide Invoice No. 84.
12 Sold to Dhiraj goods of ₹ 11,500 vide Sales Invoice No. 27
13 Sold to Raja goods of ₹ 12,780 less 5% Trade Discount, vide invoice No. 88
21 Sold to Suresh goods of ₹ 8,000 less 20% Trade Discount
23 Dhiraj returned goods of ₹ 500 vide our Credit note No. 14
26 Suresh returned goods of ₹ 150 (gross) vide our Credit Note No. 115
28 Returned to Suhas goods ₹ 1,200 vide our Debit Note No. 09
30 Returned to Virat goods of ₹ 1,300 (Gross) vide our Debit Note No. 10.
30 Returned to Kuldip goods of ₹ 1,100 (Gross) vide our Debit Note No. 11.
Solution:
In the books of Kamal Traders
Purchase Book
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books Practical Problems Q9

Sales Book
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books Practical Problems Q9.1

Purchase Return Book
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books Practical Problems Q9.2

Sales Return Book
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books Practical Problems Q9.3

Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books

Journal Proper
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books Practical Problems Q9.4

Question 10.
Enter the following transactions in the Subsidiary Books of Navyug Traders:
2018 March
01 Sold to Bharat Patil goods ₹ 10,000 at 10% Trade discount.
04 Purchased from Naresh goods of ₹ 11,000 less 10% Trade discount.
06 Purchased Furniture from M/s. Sham Furniture Works, of ₹ 15,000 for office use.
07 Bharat Patil returned 20% of the goods bought by him on 1st March above and we gave him fresh goods in exchange.
08 Sold to Sundar goods of ₹ 13,000 less 15% Trade Discount.
10 Sold to Sumit Computer for ₹ 23,800 with a book value of ₹ 24,000.
12 Placed an order with Sajan for goods of ₹ 12,000.
17 Purchased from Naresh goods of ₹ 14,000 and sold them to Kamesh for ₹ 16,000.
19 Kamesh returned us goods of ₹ 1,600 and immediately returned the same to Naresh.
23 Sold to Rakesh for ₹ 4,500 old Furniture with a book value of ₹ 4,800.
26 Returned to M/s. Sham Furniture Works, office Furniture of ₹ 4,500.
28 Sajan executed our order dated 12th March, 2018.
Solution:
In the books of Navyug Traders
Purchase Book
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books Practical Problems Q10

Sales Book
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books Practical Problems Q10.1

Purchase Return Book
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books Practical Problems Q10.2

Sales Return Book
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books Practical Problems Q10.3

Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books

Journal Proper
Maharashtra Board 11th BK Textbook Solutions Chapter 5 Subsidiary Books Practical Problems Q10.4