# 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)

## Solution

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

### Return inward book

DateName of customerCredit notefolioAmount
4/12/2010X233
950
10/12/2010Y234
1500
12/12/2010Z235
1175
20/12/2010D236
460
23/12/2010A237
1200
total5285

## Example 2

Prepare a debit and credit notes for inward returns

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

• 15 pieces of chair (cost per chair is Rs.150/-)
• 20 pieces of tables (cost per table is Rs.125/-)

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

• 5 pieces of king size beds (cost of each bed is Rs.20000/-)

## Solution

The solution is as follows −

### Debit note

 XD &CoAddress 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

### Credit note

 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 −

DateParticularsCredit/debit NoL.F.AMOUNT(RS)
5/2/2006XD & Co23
4750
10/2/2006DF & Co24
100000
total104750