Date Particulars Debit

May 15 Purchases 108,000.00

Accounts Payable

15 Cash 91,800.00
Sales

20 Accounts Payable 91,800.00

Cash
Purchase Discounts
Credit

108,000.00

91,800.00

89,964.00
1,836.00
 A
Purchases 12,000.00
Less: Credit Memo 3,000.00
Total 9,000.00
Cash Discount 180.00
Total 8,820.00
Add: Prepaid Freight 1,000.00
Cash Remmited 9,820.00

B
Purchases 24,000.00
Less: Credit Memo 2,000.00
Total 22,000.00
Cash Discount 440.00
Total 21,560.00
Add: Prepaid Freight -
Cash Remmited 21,560.00

If it is FOB Destination, Freight Prepaid. If you will put it in the books of the buyer then there will be no entry for the FO
 C
Purchases 28,000.00
Less: Credit Memo 4,000.00
Total 24,000.00
Cash Discount 480.00
Total 23,520.00
Add: Prepaid Freight -
Cash Remmited 23,520.00

D
Purchases 40,000.00
Less: Credit Memo -
Total 40,000.00
Cash Discount 800.00
Total 39,200.00
Add: Prepaid Freight 3,000.00
Cash Remmited 42,200.00

of the buyer then there will be no entry for the FOB Destination, Freight Prepaid.
 A
List Price 224,000.00
Less: Trade Discount 67,200.00
Invoice Price 156,800.00
Freight 4,000.00
Total Balance 160,800.00
Less: Returns 21,000.00
Discounts 4,480.00
Amount to be paid 135,320.00

B
List Price
Less: Trade Discount
Invoice Price
Freight
Total Balance
Less: Returns
Discounts
Amount to be paid
 A
List Price 224,000.00
Less: Purchase Returns and Allowances 21,000.00
Net Purchases 203,000.00
Less: Trade Discount 60,900.00
Net Purchases 142,100.00
Less: Discounts 2,842.00
Total 139,258.00
Add: Freight 4,000.00
Amount to settle 143,258.00

B
List Price 126,000.00
Less: Purchase Returns and Allowances -
Net Purchases 126,000.00
Less: Trade Discount 25,200.00
Net Purchases 100,800.00
Less: Discounts 1,008.00
Amount to settle 99,792.00

C
List Price 90,000.00
Less: Purchase Returns and Allowances 7,000.00
Net Purchases 83,000.00
Less: Trade Discount -
Net Purchases 83,000.00
Less: Discounts 1,660.00
Total 81,340.00
Add: Freight 2,000.00
Amount to settle 83,340.00

D
List Price 41,000.00
Less: Purchase Returns and Allowances 9,000.00
Net Purchases 32,000.00
Less: Trade Discount 8,000.00
Net Purchases 24,000.00
Less: Discounts -
Total 24,000.00
Add: Freight 1,000.00
Amount to settle 25,000.00

E
List Price 357,000.00
Less: Purchase Returns and Allowances 24,000.00
Net Purchases 333,000.00
Less: Trade Discount 66,600.00
Net Purchases 266,400.00
Less: Discounts 7,992.00
Amount to settle 258,408.00
 Date Particulars Debit
June 1 Cash 180,000.00
Sales

4 Accounts Receivable 650,000.00

Sales

7 Sales Returns and Allowances 90,000.00

Accounts Receivable

10 Cash 548,800.00
Sales Discount 11,200.00
Accounts Receivable
Credit

180,000.00

650,000.00

90,000.00

560,000.00
 Date Particulars Debit Credit
June 8 Accounts Receivable 16,000.00
Sales 16,000.00

12 Sales Return and Allowances 4,000.00

Accounts Receivable 4,000.00

18 Cash 11,760.00
Sales Discounts 240.00
Accounts Receivable 12,000.00
 Date Particulars Debit
October 6 Purchases 200,000.00
Cash

12 Purchases 700,000.00
Accounts Payable

15 Accounts Payable 50,000.00

Purchase Returns and Allowances

17 Accounts Payable 650,000.00

Cash
Purchase Discount

19 Transportation in or Freight In 7,000.00

Cash
Credit

200,000.00

700,000.00

50,000.00

630,500.00
19,500.00

7,000.00
 Date Particulars Debit
March 10 Purchases 18,000.00
Accounts Payable

12 Transportation In or Freight In 360.00

Cash

15 Accounts Payable 2,000.00

Purchase Return and Allowances

19 Accounts Payable 16,000.00

Cash
Purchases Discount

Date Particulars Debit

March 10 Purchases 18,000.00
Accounts Payable

12 Accounts Payable 360.00

Cash

15 Accounts Payable 2,000.00

Purchase Returns and Allowances

19 Accounts Payable 15,640.00

Cash
Purchases Discount
Credit

18,000.00

360.00

2,000.00

15,840.00
160.00

Credit

18,000.00

360.00

2,000.00

15,483.60
156.40
 Cash
1-A 35,000.00
1-B 45,000.00
2-C 39,200.00
2-D 28,000.00
3-C 49,000.00
4-B 38,800.00

235,000.00

Accounts Payable
2-C 40,000.00 2-A 40,000.00
2-D 28,000.00 2-B 28,000.00
3-B 6,000.00 3-A 56,000.00
3-C 50,000.00 4-A 38,000.00
4-B 38,000.00
162,000.00
162,000.00

Purchases
1-A 35,000.00
1-B 45,000.00
2-A 40,000.00
2-B 28,000.00
3-A 56,000.00
4-A 38,000.00

242,000.00

Purchase Returns and Allowances

3-B 6,000.00

6,000.00

Purchase Discount
2-C 800.00
3-C 1,000.00

1,800.00

Transportation In or Freight In
4-B 800.00
800.00
 Sales - A
Date Particulars Debit
June 16 Accounts Receivable 6,000.00
Sales

24 Cash 5,880.00
Sales Discount 120.00
Accounts Receivable

Purchases - A
Date Particulars Debit
June 16 Purchases 6,000.00
Accounts Payable

17 Transportation In or Freight In 600.00

Cash

24 Accounts Payable 6,000.00

Cash
Purchase Discount

Sales - B
Date Particulars Debit
June 16 Accounts Receivable 6,000.00
Sales

Transportation Out or Freight Out 600.00

Cash

24 Cash 5,880.00
Sales Discount 120.00
Accounts Receivable

Purchases - B
Date Particulars Debit
June 16 Purchases 6,000.00
Accounts Payable

No Entry -
No Entry

24 Accounts Payable 5,880.00

Cash
Purchase Discount
 Sales - C
Date Particulars Debit
June 16 Accounts Receivable 6,000.00
Sales

Accounts Receivable 600.00

Cash

24 Cash 6,480.00
Sales Discount 120.00
Accounts Receivable

Purchases - C
Date Particulars Debit
June 16 Purchases 6,000.00
Accounts Payable

17 Transportation In or Freight In 600.00

Accounts Payable

24 Accounts Payable 5,280.00

Cash 120.00
Purchase Discount

Sales - D
Date Particulars Debit
June 16 Accounts Receivable 6,000.00
Sales

Transportation Out or Freight Out 600.00

Cash

24 Cash 5,280.00
Sales Discount 120.00
Accounts Receivable

Purchases - D
Date Particulars Debit
June 16 Purchases 6,000.00
Accounts Payable

17 Accounts Payable 600.00

 Cash

24 Accounts Payable 5,280.00

Cash 120.00
Purchase Discount
Credit

6,000.00

6,000.00

Credit

6,000.00

600.00

5,880.00
120.00

Credit

6,000.00

600.00

6,000.00

Credit

6,000.00

120.00
6,000.00
Credit

6,000.00

600.00

6,600.00

Credit

6,000.00

600.00

6,600.00

Credit

6,000.00

600.00

5,400.00

Credit

6,000.00
 600.00

5,400.00
 Date Particulars Debit
June 2 Purchases 600,000.00
Accounts Payable

4 Transportation In 8,000.00
Cash

5 Purchases 360,000.00
Accounts Payable

6 Transportation In 5,000.00
Cash

7 Accounts Payable 90,000.00

Purchases Returns and Allowances

11 Accounts Payable 510,000.00

Cash

13 Accounts Receivable 630,000.00

Sales

22 Cash 623,700.00
Sales Discount 6,300.00
Accounts Receivable

30 Accounts Payable 360,000.00

Cash
Credit

600,000.00

8,000.00

360,000.00

5,000.00

90,000.00

510,000.00

630,000.00

630,000.00

360,000.00
 Date Particulars Debit
October 7 Accounts Receivable 30,000.00
Sales

8 Purchases 60,000.00
Accounts Payable

9 Transportation In 2,540.00
Cash

10 Purchases 90,000.00
Transportation In 6,000.00
Accounts Payable

13 Office Supplies 24,000.00

Accounts Payable

14 Accounts Receivable 24,000.00

Sales

14 Accounts Payable 6,000.00

Purchase Returns and Allowances

17 Cash 30,000.00
Accounts Receivable

18 Accounts Payable 4,000.00

Office Supplies

19 Cash 18,000.00
Sales

20 Accounts Payable 96,000.00

Cash

21 Accounts Payable 54,000.00

Cash

24 Sales Return and Allowances 2,000.00

Accounts Receivable
Credit

30,000.00

60,000.00

2,540.00

96,000.00

24,000.00

24,000.00

6,000.00

30,000.00

4,000.00

18,000.00

96,000.00

54,000.00

2,000.00
 Date Particulars Debit
August 1 Accounts Receivable 21,000.00
Sales

3 Purchases 38,000.00
Accounts Payable

5 Transportation In 290.00
Cash

6 Store Supplies 6,360.00

Accounts Payable

8 Purchases 36,000.00
Transportation Out 200.00
Accounts Payable

12 Accounts Payable 6,000.00

Purchase Returns and Allowances

15 Cash 12,000.00
Sales

16 Accounts Payable 2,000.00

Purchase Returns and Allowances

17 Cash 10,000.00
Sales

18 Accounts Receivable 2,000.00

Purchase Returns and Allowances

24 Accounts Payable 38,000.00

Cash

25 Cash 21,000.00
Sales
Credit

21,000.00

38,000.00

290.00

6,360.00

36,200.00

6,000.00

12,000.00

2,000.00

10,000.00

2,000.00

38,000.00

21,000.00
 Date Particulars Debit
December 7 Accounts Receivable 30,000.00
Sales

8 Purchases 60,000.00
Accounts Payable

9 Transportation In 254.00
Cash

10 Purchases 95,400.00
Transportation In
Accounts Payable

13 Office Supplies 24,000.00

Accounts Payable

14 Accounts Receivable 24,000.00

Sales

14 Accounts Payable 6,000.00

Purchases Returns and Allowances

17 Cash 30,000.00
Accounts Receivable

18 Accounts Payable 4,000.00

Office Supplies

19 Cash 18,000.00
Sales

20 Accounts Payable 96,000.00

Cash

21 Accounts Payable 54,000.00

Cash

24 Sales Returns and Allowances 2,000.00

Accounts Receivable
Credit

30,000.00

60,000.00

254.00

600.00
96,000.00

24,000.00

24,000.00

6,000.00

30,000.00

4,000.00

18,000.00

96,000.00

54,000.00

2,000.00
 Date Particulars Debit
May 4 Accounts Receivable 162,000.00
Sales

Transportation Out or Freight Out 2,000.00

Accounts Payable

5 Accounts Receivable 710,000.00

Sales

6 No Entry -
No Entry

7 Sales Returns and Allowances 12,000.00

Accounts Receivable

9 Cash 147,000.00
Sales Discount 3,000.00
Sales Returns and Allowances 12,000.00
Accounts Receivable

10 Transportation Out or Freight Out 2,000.00

Cash

12 Cash 695,000.00
Sales Discount 142,000.00
Accounts Receivable

18 Accounts Receivable 150,000.00

Sales

21 No Entry
No Entry

23 Cash 147,000.00
Sales Discount 3,000.00
Accounts Receivable

Date Particulars Debit

May 4 Purchases 162,000.00
Accounts Payable

5 Accounts Receivable 710,000.00

Sales

Transportation In or Freight In 8,000.00

Accounts Payable

6 Transportation In or Freight In 8,000.00

 Cash

7 Accounts Payable 12,000.00

Purchase Returns and Allowances

9 Accounts Payable 162,000.00

Purchase Discount
Purchase Returns and Allowances
Cash

10 No Entry -
No Entry

12 Accounts Payable 710,000.00

Purchase Discount
Cash

18 Purchases 150,000.00
Accounts Payable

21 Transpotation In or Freight In 3,000.00

Cash

23 Accounts Payable 150,000.00

Purchase Discount
Cash
Credit

162,000.00

2,000.00

710,000.00

12,000.00

162,000.00

2,000.00

710,000.00

150,000.00

150,000.00

Credit

162,000.00

710,000.00

8,000.00
 8,000.00

12,000.00

3,000.00
12,000.00
147,000.00

142,000.00
695,000.00

150,000.00

3,000.00

3,000.00
147,000.00
 Date Particulars Debit
March 2 Purchases 74,000.00
Accounts Payable

3 Accounts Receivable 10,000.00

Sales

5 Cash 7,000.00
Sales

6 Purchases 42,000.00
Accounts Payable

7 Transportation In 6,570.00
Accounts Payable

9 Accounts Receivable 38,000.00

Sales

10 Purchases 26,000.00
Transportation In 500.00
Accounts Payable

11 Transportation Out 291.00

Accounts Payable

12 Accounts Payable 74,000.00

Cash
Purchase Discount

13 Cash 9,900.00
Sales Discount 100.00
Accounts Receivable

14 Accounts Payable 21,000.00

Cash
Purchase Discount

15 Accounts Payable 3,000.00

Purchases Returns and Allowances

16 Office Supplies 4,780.00

Accounts Payable

17 Cash 18,810.00
Sales Discount 190.00
Accounts Receivable
18 Accounts Payable 23,500.00
Cash
Purchase Discount

19 Accounts Receivable 7,800.00

Sales

20 Accounts Payable 1,280.00

Office Supplies

22 Sales Returns and Allowances 1,800.00

Accounts Receivable

25 Accounts Payable 3,500.00

Cash

26 Accounts Payable 861.00

Cash

27 Cash 5,880.00
Sales Discount 120.00
Accounts Receivable

28 Accounts Payable 21,000.00

Cash

31 Cash 9,730.00
Sales
Credit

74,000.00

10,000.00

7,000.00

42,000.00

6,570.00

38,000.00

26,500.00

291.00

72,520.00
1,480.00

10,000.00

20,580.00
420.00

3,000.00

4,780.00

19,000.00
23,040.00
460.00

7,800.00

1,280.00

1,800.00

3,500.00

861.00

6,000.00

21,000.00

9,730.00