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✦ FREE LEARNING — CLASS 11 & 12 — CBSE · PSEB — ACCOUNTS · ECONOMICS · BST ✦
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From the following transactions of Kamal, prepare Purchases Book and post into Ledger:
2025
| Apr. 1 | Purchased from Videocon India Ltd., Kolkata: 30 Colour T.Vs @ ₹15,000 each, less Trade Discount @ 10%; Freight charges ₹2,000 |
| Apr. 15 | Purchased from Sony India Ltd., Guwahati: 10 Colour T.Vs @ ₹20,000 each, less Trade Discount @ 10% |
| Apr. 20 | Purchased from Music India Ltd., Delhi: 10 music systems @ ₹10,000 each, less Trade Discount @ 15% |
| Apr. 30 | Purchased from Videocon India Ltd., Kolkata: 5 washing machines @ ₹15,000 each, less Trade Discount @ 20%; Freight charges ₹1,000 |
Books of Kamal
Purchases Book
| Date | Particulars | Invoice No. | L.F. | Purchase Amt (₹) | Freight (₹) | Total (₹) |
|---|---|---|---|---|---|---|
| 2025 Apr 01 | Videocon India Ltd., Kolkata 30 Colour T.Vs @ ₹15,000 each Less: 10% Trade Discount | 4,05,000 | 2,000 | 4,07,000 | ||
| Apr 15 | Sony India Ltd., Guwahati 10 Colour T.Vs @ ₹20,000 each Less: 10% Trade Discount | 1,80,000 | 1,80,000 | |||
| Apr 20 | Music India Ltd., Delhi 10 Music Systems @ ₹10,000 each Less: 15% Trade Discount | 85,000 | 85,000 | |||
| Apr 30 | Videocon India Ltd., Kolkata 5 Washing Machines @ ₹15,000 each Less: 20% Trade Discount | 60,000 | 1,000 | 61,000 | ||
| Apr 30 — Purchases A/c Dr. ₹7,30,000 | Freight A/c Dr. ₹3,000 | 7,33,000 |
Posting: Purchases A/c Dr ₹7,30,000 | Freight A/c Dr ₹3,000 | Videocon India Ltd. Cr ₹4,68,000 | Sony India Ltd. Cr ₹1,80,000 | Music India Ltd. Cr ₹85,000
Ledger Accounts
| Dr. | ₹ | Cr. | ₹ | |||
|---|---|---|---|---|---|---|
| Apr 30 | Sundries as per Purchases Book | 7,30,000 | Apr 30 | Balance c/d | 7,30,000 | |
| Dr. | ₹ | Cr. | ₹ | |||
|---|---|---|---|---|---|---|
| Apr 01 | Videocon India Ltd. | 2,000 | Apr 30 | Balance c/d | 3,000 | |
| Apr 30 | Videocon India Ltd. | 1,000 | ||||
| Dr. | ₹ | Cr. | ₹ | |||
|---|---|---|---|---|---|---|
| Apr 30 | Balance c/d | 4,68,000 | Apr 01 | Purchases A/c | 4,05,000 | |
| Apr 01 | Freight A/c | 2,000 | ||||
| Apr 30 | Purchases A/c | 60,000 | ||||
| Apr 30 | Freight A/c | 1,000 | ||||
| Dr. | ₹ | Cr. | ₹ | |||
|---|---|---|---|---|---|---|
| Apr 30 | Balance c/d | 1,80,000 | Apr 15 | Purchases A/c | 1,80,000 | |
| Dr. | ₹ | Cr. | ₹ | |||
|---|---|---|---|---|---|---|
| Apr 30 | Balance c/d | 85,000 | Apr 20 | Purchases A/c | 85,000 | |
Accounting & Commerce Educator
Sarbjit Singh holds a B.Com and M.Com degree and has over 12 years of teaching experience in double entry bookkeeping, financial accounting, and business studies.
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