Page 92 - Book-keeping for Secondary Schools Student’s Book Form One

Book-Keeping for Secondary Schools

The second step is preparing of the sales returns daybook or sales returns journal.

Sales returns daybook

Invoice Invoice Invoice
Date Particulars Folio Number Details Totals
(TZS) (TZS)
FOR ONLINE READING ONLY
2023 June
2 Mambo: SL 1
10 packets of rice @ TZS 2,200
Spoiled 22,000

8 Rudia stores: SL

3
3 pairs of running shoes @ TZS
6,000 18,000
Oversize

2 school shirts @ TZS 1,200
Wrong colour 2,400 20,400

18 Kifundo Enterprises: SL

2
3 boxes of toothpaste (50grms),
@ TZS 2,600 7,800

Wrong type
2 pieces of writing pads @ TZS 4,700 12,500
2,350
Damaged

Total transferred to sales
30 GL 54,900
returns account (Dr.)

The third step is posting the entry in the sales ledger and the general ledger.

84
Student’s Book Form One

Book Keeping Form 1 New 2024 FINAL.indd 84 18/10/2024 10:14