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Dear Teachers,

These slides have been prepared based on the NCERT syllabus to support you in teaching Plus One and Plus Two Accountancy and Computerised Accounting.

Please review and verify the content before using it in your classrooms. If you find any errors or have feedback, please let me know.

Mujeeb Rahiman C

HSST Commerce

GHSS Pattikkad

Malappuram Dt.

✉️ mujeebchemmala@gmail.com

9995983075 �

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Chapter - 4

Recording of Transactions - II

Sales Return Book

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Sales Return Book (Return Inwards Book)

This journal is used to record return of goods by customers. On receipt of goods from the customer, a Credit Note is prepared. The source document for recording entries in the sales return book is generally the credit note.

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Format of Sales Returns Book

Sales Return Book

Date

Name of Customer (Account to be Credited)

L.F.

Amout

Credit Note No.

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Enter the following transactions in the Sales Return book of M/s Vineet Stores for the month September 2016

Goods returned from M/s Mega Stationers as per Credit Note No. 204

2 Colour Books @ Rs. 30 each

01/09/2016

Goods returned from M/s Abha Traders as per credit Note No.205

20 Cards Books @ Rs. 10 each

6 Note Book @ Rs. 35 each

Less 10% trade discount

07/09/2016

Date

Details

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Sales Returns Book

Date

Name of Customer

L.F.

Amout

Credit Note No.

01/09/2016

204

M/s Mega Stationers

2 Colour Books @ Rs. 30

60

Goods returned from M/s Mega Stationers, Credit Note No. 204

2 Colour Books @ Rs. 30 each

01/09/2016

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Sales Returns Book

Date

Name of Customer

L.F.

Amout

Credit Note No.

01/09/2016

204

M/s Mega Stationers

2 Colour Books @ Rs. 30

M/s Abha Traders

60

20 Cards Books @ Rs. 10

6 Note Book @ Rs. 35

200

210

410

41

369

205

07/09/2016

Less 10% trade discount

Goods returned from M/s Abha Traders, credit Note No.205

20 Cards Books @ Rs. 10 each

6 Note Book @ Rs. 35 each

Less 10% trade discount

07/09/2016

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Sales Returns Book

Date

Name of Customer

L.F.

Amout

Credit Note No.

01/09/2016

204

M/s Mega Stationers

2 Colour Books @ Rs. 30

M/s Abha Traders

60

20 Cards Books @ Rs. 10

6 Note Book @ Rs. 35

200

210

410

41

369

429

Total Sales Returns

205

07/09/2016

Less 10% trade discount

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Posting of Sales Return Book

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Date

Name of Customer

L.F.

Amout

Credit Note No.

01/09/2016

204

M/s Mega Stationers

2 Colour Books @ Rs. 30

M/s Abha Traders

60

20 Cards Books @ Rs. 10

6 Note Book @ Rs. 35

200

210

410

41

369

429

Total Sales Returns

205

07/09/2016

Less 10% trade discount

M/s Mega Stationers

Date

Amount

Date

Amount

Particulars

Particulars

JF

JF

Sales Return Account

01/09/16

60

Dr.

Cr.

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Date

Name of Customer

L.F.

Amout

Credit Note No.

01/09/2016

204

M/s Mega Stationers

2 Colour Books @ Rs. 30

M/s Abha Traders

60

20 Cards Books @ Rs. 10

6 Note Book @ Rs. 35

200

210

410

41

369

429

Total Sales Returns

205

07/09/2016

Less 10% trade discount

M/s Abha Traders

Date

Amount

Date

Amount

Particulars

Particulars

JF

JF

Sales Return Account

07/09/16

369

Dr.

Cr.

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Date

Name of Customer

L.F.

Amout

Credit Note No.

01/09/2016

204

M/s Mega Stationers

2 Colour Books @ Rs. 30

M/s Abha Traders

60

20 Cards Books @ Rs. 10

6 Note Book @ Rs. 35

200

210

410

41

369

429

Total Sales Returns

205

07/09/2016

Less 10% trade discount

Sales Return Account

Date

Amount

Date

Amount

Particulars

Particulars

JF

JF

Sundries as per Sales Return Book

30/09/16

429

Dr.

Cr.

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MUJEEB RAHIMAN C

HSST COMMERCE

GHSS PATTIKKAD

MALAPPURAM DT

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MUJEEB RAHIMAN C

HSST COMMERCE

GHSS PATTIKKAD

MALAPPURAM DT