Purchases Return Day Book Example

ZIMSEC O Level Principles of Accounts Notes: Purchases Return Day Book Example

You are to enter up the Purchases Day Book and the Returns Outwards Day Book from the following details, then to post the items to the relevant accounts in the Purchases Ledger and to show the transfers to the General Ledger at the end of the month.

May 2013

1 Credit purchase from J Moyo $324.
4 Credit purchases from the following: A Mativure $216; B Ramba $322; F Muromo $64; G Rize
$130.
7 Goods returned by us to the following: J Moyo $56; A Mativure $28.
10 Credit purchase from B Ramba $140.
18 Credit purchases from the following: B Benza $230; I Gore $310; F Muromo $405; P Hatendi $180.
25 Goods returned by us to the following: I Gore $140; B Ramba $34.
31 Credit purchases from: F Tumbare $174; T Bhanda $230.

Solution

Purchases Day Book
May 2013	Details	Amount ($)
1	J Moyo	324
4	A Mativure	216
	B Ramba	322
	F Muromo	64
	G Rize	130
10	B Ramba	140
18	B Benza	230
	I Gore	310
	F Muromo	405
	P Hatendi	180
31	F Tumbare	174
	T Bhanda	230
	Total for the Month	2725

	Purchases Ledger
			J Moyo
Date	Details	Amount ($)		Date	Details	Amount
7 May	Returns Outwards	56		1 May	Purchases	324

			A Mativure
Date	Details	Amount ($)		Date	Details	Amount
7 May	Returns Outwards	28		4 May	Purchases	216
			B Ramba
Date	Details	Amount ($)		Date	Details	Amount
25 May	Returns Outwards	34		4 May	Purchases	322
				10 May	Purchases	140

			F Muromo
Date	Details	Amount ($)		Date	Details	Amount
				4 May	Purchases	64
				18 May	Purchases	405

			G Rize
Date	Details	Amount ($)		Date	Details	Amount
				4 May	Purchases	130

			B Benza
Date	Details	Amount ($)		Date	Details	Amount
				18 May	Purchases	230

			I Gore
Date	Details	Amount ($)		Date	Details	Amount
25 May	Returns Outwards	140		18 May	Purchases	310

			P Hatendi
Date	Details	Amount ($)		Date	Details	Amount
				18 May	Purchases	180

			F Tumbare
Date	Details	Amount ($)		Date	Details	Amount
				31 May	Purchases	174

			T Bhanda
Date	Details	Amount ($)		Date	Details	Amount
				31 May	Purchases	230

			General Ledger
			Purchases Account
Date	Details	Amount ($)		Date	Details	Amount
31 May	Total for the Month	2725

			Purchases Returns
Date	Details	Amount ($)		Date	Details	Amount
				31 May	Total for the month	258

		Returns Outwards Day Book
May 2013	Details	Amount ($)
7	J Moyo	56
7 May	A Mativure	28
25	B Ramba	34
25	I Gore	140
		258