DEPARTMENT OF TECHNICAL EDUCATION

ANDHRA PRADESH
Name : R. ROHINI
Designation : Lecturer
Branch : D.C.C.P
Institute : S.G.M. Govt Polytechnic,
Abdullapurmet
Year/Semester : I Year
Subject : ACCOUNTANCY-I
Subject Code : CCP-102
Topic : SUBSIDIARY BOOKS
Duration : 50 Mts
Sub Topic : EXERCISE ON PURCHASES BOOK
Teaching Aids : PPT, Animations
CCP102.41 1
Recap

We know that
 Credit Sales are recorded in Sales Book
 Trade Discount not shown in Books
 Cash Discount shown

CCP102.41 2
Structure

 Procedure for preparation of sales book

 Problems on sales book
 Summary
 Quiz
 Frequently asked questions
 Assignment

CCP102.41 3
Known to unknown

 Do you know in which credit sales are entered

CCP102.41 4
Objectives

At the end of this session you will be able to:

 Prepare Sales Book for simple transactions
 Prepare Sales Account
 Prepare individual Ledger Accounts

CCP102.41 5
Preparation of sales book and ledger
accounts

 Prepare Sales Book

 Total Sales Book
 Open Sales Account
 Open individual Ledger Accounts

CCP102.41 6
Simple problem on sales book

Enter the following transactions in Sales Book and

post into Ledgers:
2008 Rs.
January 1st Sold goods to Krishna & Co. 2,000
2nd Sold goods to Rama & Co. 1,500
16th Sold goods to Shiva Bros. 700
27th Sold goods to Ganesh & Sons 3,000
30th Sold goods to Arjun & Co. 4,600
CCP102.41 7
 SALES BOOK
Date Particulars Outward L Amount
Invoice F Rs
No.
2008
Jan 1st Krishna & Co. 14 2,000
2nd Rama & Co. 52 1,500
16th Shiva Bros. 126 700
27th Ganesh & Sons 150 3,000
30th Arjun & Co. 165 4,600
Total 11,800

CCP102.41 8
 SALES ACCOUNT
Dr Cr

Date Particulars L Amount Date Particulars L Amount

F Rs F Rs

2008
Jan By Sundry
31st Debtors 11,800

CCP102.41 9
 Krishna & Co. Account
Dr Cr
Date Particulars L AMT Date Particulars LF AMT
F Rs Rs

2008
Jan To sales a/c 2,000
1st

CCP102.41 10
 Rama & Co. Account
Dr Cr
Date Particulars L AMT Date Particulars L AMT
F Rs F Rs
2008
Jan To sales 1,500
2nd a/c

CCP102.41 11
 Shiva Bros. Account
Dr Cr

Date Particulars L AMT Date Particulars L AMT

F Rs F Rs
2008
Jan To sales 700
16th
a/c

CCP102.41 12
 Ganesh & Sons Account
Dr Cr

Date Particulars L AMT Date Particulars L AMT

F Rs F Rs
2008
Jan To sales a/c 3,000
27th

CCP102.41 13
 Arjun & Co. Account

Dr Cr
Date Particulars L AMT Date Particulars L AMT
F Rs F Rs
2008
Jan To sales 4,600
30th a/c

CCP102.41 14
Summary

With the help of a simple problem we have

seen:
 How to open Sales Book
 How to open Sales Account
 How to open Individual Ledger Accounts

CCP102.41 15
QUIZ
1. What do you enter in the Sales Account?
• Total Credit Sales
• Individual Debtors Accounts
• None

2. We enter Sales on which side of the Debtors

account?
a) Debit side
b) Credit side
c) None
CCP102.41 16
Frequently asked questions

1. Write a short note on sales day book

2. Draw sales day book and explain it

CCP102.41 17
Assignment
Prepare sales day book from the following information

2008
Jan 1 sold goods to A Rs. 2,000
Jan 5 sold goods to B Rs. 5,000
Jan 10 sold goods to C Rs. 10,000
Jan 15 sold goods to D Rs. 15,000
Jan 20 sold goods to X Rs. 20,000
Jan 31 sold goods to Z Rs. 25,000

Also post the above transactions in relevant accounts

CCP102.41 18
THANK YOU

CCP102.41 19