How to prepare to return inwards book?

Let us consider two examples to learn how to prepare a return inwards book.

Example 1

Refer the transactions given below and prepare return inwards book.

On December 4 − X return goods worth of Rs.1000/- on which trader allowed a discount of 5% (credit note # 233).
On December 10 − Y allowed a reduction of Rs.1500/- (invoice issued earlier) (credit note #234)
On December 12 − Z return goods worth of Rs.1175/- (credit note # 235).
On December 20 − D was issued an invoice of Rs.2300/-, trader allowed a discount of 20%, after he pointed out a defect in goods for the same invoice (credit note #236)
On December 23 − goods worth 3000 were sold to A. Some of the goods were damaged in transit. Seller agreed to pay Rs.1200/- to A (credit note #237)

The return inward book for the above mentioned data is as follows −

Date	Name of customer	Credit note	Amount
4/12/2010	X	233	950
10/12/2010	Y	234	1500
12/12/2010	Z	235	1175
20/12/2010	D	236	460
23/12/2010	A	237	1200
total			5285

Prepare a debit and credit notes for inward returns

On 5/2/2006 following goods are returned to XD & co by ADA store

On 10/2/2006 following goods are returned to DF &Co by ADA store

The solution is as follows −

XD &Co Address	GST No
	Dr/Cr Note No: 23
	Date - 5/2/2006
Debit/credit in account with ADA store
Particulars	Amount
15 pieces of chair (cost per chair is Rs.150/-)⇒ {15*150}	2250
20 pieces of tables (cost per table is Rs.125/-)⇒ {20*125}	2500
	4750

Authorized signature

DF &Co Address	GST No
	Dr/Cr Note No: 24
	Date : 10/2/2006
Debit/credit in account with ADA store
Particulars	Amount
5 pieces of king size beds (cost of each bed is Rs.20000/-) ⇒{20000*5}	1000000
	1000000

Authorized signature

Now, the next step is to prepare sales return book, which is as follows −