Record the following transactions in prop er subsidiary books of Unique provisional stores for the month of June 2016. Purchased 10 bags of rice from fine rice mills, Maddur P @Rs. 5,500 Per bag. Sold 2 bags of sugar to Ashoka hotel, Bengaluru @ Rs. 3,500 per bag. 2. 5. Sent a debit note to Fine rice mills, Maddur for the over price of Rs. 300 per bag. 7. Sold 20 kg of coffee powder to Janapriya hotel at Rs. 120 per kg 10. Purchased 25 cases of tea powder from Tata tea suppliers P for Rs. 6,250. 12. Sent a credit note by Jan ap riya hotel for short supply of 2 kg. Coffee powder. 15. Returned 4 cases of defective tea powder to Tata tea suppliers.Pr 18. Bought 15 bags of wheat flour from Panjab flour mills @ Rs. 2,000 Per bag. 21. Supplied two bags of rice and 3 bags of wheat flour to Reliance stores @Rs. 3,400 per bag and Rs. 2,600 per bag respectively
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Answer:
Here are the transactions you provided with proper information;
Purchases Journal
- June 1: Purchased 10 bags of rice from Fine Rice Mills, Maddur for Rs. 5,500 per bag.
- June 10: Purchased 25 cases of tea powder from Tata Tea Suppliers for Rs. 6,250.
- June 18: Bought 15 bags of wheat flour from Panjab Flour Mills for Rs. 2,000 per bag.
Sales Journal
- June 1: Sold 2 bags of sugar to Ashoka Hotel, Bengaluru for Rs. 3,500 per bag.
- June 7: Sold 20 kg of coffee powder to Janapriya Hotel for Rs. 120 per kg.
- June 21: Supplied two bags of rice and three bags of wheat flour to Reliance Stores for Rs. 3,400 per bag and Rs. 2,600 per bag respectively.
Debit Note
- June 5: Sent a debit note to Fine Rice Mills, Maddur for the overprice of Rs. 300 per bag.
Credit Note
- June 12: Sent a credit note by Janapriya Hotel for short supply of 2 kg coffee powder.
Returns
- June 15: Returned four cases of defective tea powder to Tata Tea Suppliers.