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✦ FREE LEARNING — CLASS 11 & 12 — CBSE · PSEB — ACCOUNTS · ECONOMICS · BST ✦
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Question 4 Chapter 8 – of Class 11 Unimax Publications
4. The rough book of M/s Garg & Co. a stationery dealer contains the following:
| Feb.1 | Purchases from Ritik & Co. on credit: |
| 50 gross pencils @ ₹ 5 per gross. | |
| 10 gross registers @ ₹ 12 per dozen. | |
| Less: trade discount @ 10% | |
| Feb.2 | Purchases for cash from the stationery mart |
| 100 gross exercise books @ 1.50 per dozen | |
| Feb.3 | Purchases typewriter for office use from M/s office goods Co. on credit for ₹ 2,000 |
| Feb.4 | Purchases on credit from the paper Co. |
| 50 reams of white paper @ ₹ 5 per ream | |
| 100 reams of ruled paper @ ₹ 7.50 per ream | |
| Less: trade discount @ 10 % | |
| Feb.5 | Purchases ten dozen ink-pots @ ₹ 0.75 each from M/s Verma bros. on credit. |
| Required: prepare the purchase book of M/s Garg & Co. |
PURCHASES
| Date | Invoice no. | Particulars |
L. F. | Details | Amount |
|---|---|---|---|---|---|
| 2020 | |||||
| Feb.1 | 301 | Ritik & Co. | |||
| 50 gross pencils @ ₹ 5 per gross | 250 | ||||
| 10 gross registers @ ₹ 12 per dozen | 1,440 | ||||
| 1,690 | |||||
| 169 | 1,521 | ||||
| Less: 10% trade discount | |||||
| Feb.4 | Paper Co. | ||||
| 50 ream of white paper @ 5 per | 250 | ||||
| 100 ream of ruled paper @ ₹ 75.0 per | 750 | ||||
| 1,000 | |||||
| Less: trade discount @ 10% | 100 | 900 | |||
| Feb.5 | M/s Verma bros. | ||||
| 10 dozens ink-pots @ ₹ 0.75 | 90 | 90 | |||
| 2,511 |
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.
This guide covers "Question 4 Chapter 8 – of Class 11 Unimax Publications", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to Chapter 8 Other Subsidiary Books - Unimax.
It is primarily curated for Class 11 and Class 12 high school commerce, accounting, and economics students, as well as aspirants preparing for board exams or CA Foundation.
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