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Answer the following questions (Alternatives are to be noted): (6 × 3 = 18)
(i) From the following particulars prepare a Sales Day Book of Debapriyo Traders:
2019
January 2 Sold to Green Tea Co. Ltd. 3 Chests of Tea for ` 700
less T.D. @ 5%.
January 5 Sold to Soma & Co. 2.5 dozen postage albums @ ` 10 each,
less T.D. @ 5%.
January 9 Sold to Dolly Studio 5 dozen photograph frames @ ` 15 each,
less T.D. @ 2 1
2
% .
O?
(i) From the following particulars prepare a Sales Day Book of Debapriyo Traders:
2019
January 2 Sold to Green Tea Co. Ltd. 3 Chests of Tea for ` 700
less T.D. @ 5%.
January 5 Sold to Soma & Co. 2.5 dozen postage albums @ ` 10 each,
less T.D. @ 5%.
January 9 Sold to Dolly Studio 5 dozen photograph frames @ ` 15 each,
less T.D. @ 2 1
2
% .
O?
Most Upvoted Answer
Answer the following questions (Alternatives are to be noted): (6 × 3 ...
Preparing Sales Day Book for Debapriyo Traders
Sales to Green Tea Co. Ltd.
- Date: January 2, 2019
- Quantity: 3 Chests of Tea
- Selling Price: `700
- Trade Discount: 5%
Sales to Soma & Co.
- Date: January 5, 2019
- Quantity: 2.5 dozen postage albums
- Selling Price: `10 each
- Trade Discount: 5%
Sales to Dolly Studio
- Date: January 9, 2019
- Quantity: 5 dozen photograph frames
- Selling Price: `15 each
- Trade Discount: 2 1/2%
Explanation
- The Sales Day Book is a subsidiary book that records all credit sales made by a business.
- Each entry in the Sales Day Book should include the date of the sale, the name of the customer, the quantity and description of the goods sold, the selling price, and any trade discounts offered.
- In the given scenario, we have three sales transactions made by Debapriyo Traders to different customers, each with its own quantity, selling price, and trade discount.
- It is important to accurately record these transactions in the Sales Day Book to maintain proper accounting records and track the sales performance of the business.
- The total sales amount (after deducting trade discounts) for each transaction should be calculated and recorded in the Sales Day Book for the month of January 2019.
Sales to Green Tea Co. Ltd.
- Date: January 2, 2019
- Quantity: 3 Chests of Tea
- Selling Price: `700
- Trade Discount: 5%
Sales to Soma & Co.
- Date: January 5, 2019
- Quantity: 2.5 dozen postage albums
- Selling Price: `10 each
- Trade Discount: 5%
Sales to Dolly Studio
- Date: January 9, 2019
- Quantity: 5 dozen photograph frames
- Selling Price: `15 each
- Trade Discount: 2 1/2%
Explanation
- The Sales Day Book is a subsidiary book that records all credit sales made by a business.
- Each entry in the Sales Day Book should include the date of the sale, the name of the customer, the quantity and description of the goods sold, the selling price, and any trade discounts offered.
- In the given scenario, we have three sales transactions made by Debapriyo Traders to different customers, each with its own quantity, selling price, and trade discount.
- It is important to accurately record these transactions in the Sales Day Book to maintain proper accounting records and track the sales performance of the business.
- The total sales amount (after deducting trade discounts) for each transaction should be calculated and recorded in the Sales Day Book for the month of January 2019.
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Answer the following questions (Alternatives are to be noted): (6 × 3 = 18) (i) From the following particulars prepare a Sales Day Book of Debapriyo Traders: 2019 January 2 Sold to Green Tea Co. Ltd. 3 Chests of Tea for ` 700 less T.D. @ 5%. January 5 Sold to Soma & Co. 2.5 dozen postage albums @ ` 10 each, less T.D. @ 5%. January 9 Sold to Dolly Studio 5 dozen photograph frames @ ` 15 each, less T.D. @ 2 1 2 % . O?
Question Description
Answer the following questions (Alternatives are to be noted): (6 × 3 = 18) (i) From the following particulars prepare a Sales Day Book of Debapriyo Traders: 2019 January 2 Sold to Green Tea Co. Ltd. 3 Chests of Tea for ` 700 less T.D. @ 5%. January 5 Sold to Soma & Co. 2.5 dozen postage albums @ ` 10 each, less T.D. @ 5%. January 9 Sold to Dolly Studio 5 dozen photograph frames @ ` 15 each, less T.D. @ 2 1 2 % . O? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Answer the following questions (Alternatives are to be noted): (6 × 3 = 18) (i) From the following particulars prepare a Sales Day Book of Debapriyo Traders: 2019 January 2 Sold to Green Tea Co. Ltd. 3 Chests of Tea for ` 700 less T.D. @ 5%. January 5 Sold to Soma & Co. 2.5 dozen postage albums @ ` 10 each, less T.D. @ 5%. January 9 Sold to Dolly Studio 5 dozen photograph frames @ ` 15 each, less T.D. @ 2 1 2 % . O? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Answer the following questions (Alternatives are to be noted): (6 × 3 = 18) (i) From the following particulars prepare a Sales Day Book of Debapriyo Traders: 2019 January 2 Sold to Green Tea Co. Ltd. 3 Chests of Tea for ` 700 less T.D. @ 5%. January 5 Sold to Soma & Co. 2.5 dozen postage albums @ ` 10 each, less T.D. @ 5%. January 9 Sold to Dolly Studio 5 dozen photograph frames @ ` 15 each, less T.D. @ 2 1 2 % . O?.
Answer the following questions (Alternatives are to be noted): (6 × 3 = 18) (i) From the following particulars prepare a Sales Day Book of Debapriyo Traders: 2019 January 2 Sold to Green Tea Co. Ltd. 3 Chests of Tea for ` 700 less T.D. @ 5%. January 5 Sold to Soma & Co. 2.5 dozen postage albums @ ` 10 each, less T.D. @ 5%. January 9 Sold to Dolly Studio 5 dozen photograph frames @ ` 15 each, less T.D. @ 2 1 2 % . O? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Answer the following questions (Alternatives are to be noted): (6 × 3 = 18) (i) From the following particulars prepare a Sales Day Book of Debapriyo Traders: 2019 January 2 Sold to Green Tea Co. Ltd. 3 Chests of Tea for ` 700 less T.D. @ 5%. January 5 Sold to Soma & Co. 2.5 dozen postage albums @ ` 10 each, less T.D. @ 5%. January 9 Sold to Dolly Studio 5 dozen photograph frames @ ` 15 each, less T.D. @ 2 1 2 % . O? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Answer the following questions (Alternatives are to be noted): (6 × 3 = 18) (i) From the following particulars prepare a Sales Day Book of Debapriyo Traders: 2019 January 2 Sold to Green Tea Co. Ltd. 3 Chests of Tea for ` 700 less T.D. @ 5%. January 5 Sold to Soma & Co. 2.5 dozen postage albums @ ` 10 each, less T.D. @ 5%. January 9 Sold to Dolly Studio 5 dozen photograph frames @ ` 15 each, less T.D. @ 2 1 2 % . O?.
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