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Enter the following transactions in Sales Book of M/s. Pranat Engineers Ltd., Delhi. 2016 Jan. 2. Sold to M/s. Ajanta Electricals, Delhi 5 pieces of Ovens @ ‘6,000/- each less Trade discount@ 10%. 8 Sold to M/s. Ajanta Electricals Plaza, 10 pieces of Tablets @ ‘ 8,000/- each less trade discount5%. 15 Sold to M/s. Haryana Traders, 5 pieces of Juicers @ ‘3,500/- each less trade discount @ 10%.?
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Enter the following transactions in Sales Book of M/s. Pranat Engineer...
Sales Book Transactions of M/s. Pranat Engineers Ltd., Delhi

Transaction 1: Sold to M/s. Ajanta Electricals, Delhi

  • 5 pieces of Ovens @ ‘6,000/- each

  • Less Trade discount@ 10%



Transaction 2: Sold to M/s. Ajanta Electricals Plaza

  • 10 pieces of Tablets @ ‘ 8,000/- each

  • Less trade discount 5%



Transaction 3: Sold to M/s. Haryana Traders

  • 5 pieces of Juicers @ ‘3,500/- each

  • Less trade discount @ 10%



Explanation

Sales Book is a book of original entry in which all credit sales are recorded. M/s. Pranat Engineers Ltd., Delhi has recorded three transactions in the Sales Book for the month of January 2016.

Transaction 1: The company has sold 5 pieces of Ovens to M/s. Ajanta Electricals, Delhi at a price of ‘6,000/- each. The company has given a trade discount of 10% to the buyer. The net amount of the transaction will be ‘27,000/- after deducting the trade discount.

Transaction 2: The company has sold 10 pieces of Tablets to M/s. Ajanta Electricals Plaza at a price of ‘8,000/- each. The company has given a trade discount of 5% to the buyer. The net amount of the transaction will be ‘76,000/- after deducting the trade discount.

Transaction 3: The company has sold 5 pieces of Juicers to M/s. Haryana Traders at a price of ‘3,500/- each. The company has given a trade discount of 10% to the buyer. The net amount of the transaction will be ‘15,750/- after deducting the trade discount.

In conclusion, M/s. Pranat Engineers Ltd., Delhi has made three credit sales transactions in the month of January 2016 and recorded them in the Sales Book.
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Enter the following transactions in Sales Book of M/s. Pranat Engineers Ltd., Delhi. 2016 Jan. 2. Sold to M/s. Ajanta Electricals, Delhi 5 pieces of Ovens @ ‘6,000/- each less Trade discount@ 10%. 8 Sold to M/s. Ajanta Electricals Plaza, 10 pieces of Tablets @ ‘ 8,000/- each less trade discount5%. 15 Sold to M/s. Haryana Traders, 5 pieces of Juicers @ ‘3,500/- each less trade discount @ 10%.?
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Enter the following transactions in Sales Book of M/s. Pranat Engineers Ltd., Delhi. 2016 Jan. 2. Sold to M/s. Ajanta Electricals, Delhi 5 pieces of Ovens @ ‘6,000/- each less Trade discount@ 10%. 8 Sold to M/s. Ajanta Electricals Plaza, 10 pieces of Tablets @ ‘ 8,000/- each less trade discount5%. 15 Sold to M/s. Haryana Traders, 5 pieces of Juicers @ ‘3,500/- each less trade discount @ 10%.? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Enter the following transactions in Sales Book of M/s. Pranat Engineers Ltd., Delhi. 2016 Jan. 2. Sold to M/s. Ajanta Electricals, Delhi 5 pieces of Ovens @ ‘6,000/- each less Trade discount@ 10%. 8 Sold to M/s. Ajanta Electricals Plaza, 10 pieces of Tablets @ ‘ 8,000/- each less trade discount5%. 15 Sold to M/s. Haryana Traders, 5 pieces of Juicers @ ‘3,500/- each less trade discount @ 10%.? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Enter the following transactions in Sales Book of M/s. Pranat Engineers Ltd., Delhi. 2016 Jan. 2. Sold to M/s. Ajanta Electricals, Delhi 5 pieces of Ovens @ ‘6,000/- each less Trade discount@ 10%. 8 Sold to M/s. Ajanta Electricals Plaza, 10 pieces of Tablets @ ‘ 8,000/- each less trade discount5%. 15 Sold to M/s. Haryana Traders, 5 pieces of Juicers @ ‘3,500/- each less trade discount @ 10%.?.
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