Question No 02 Chapter No 8- UNIMAX Class 11

Question No 02 Chapter No 8- UNIMAX Class 11

2. Record the following transactions in the purchases book of S. Ganapaty of Ludhiana, a dealer in furniture: (with GST)

2020
Mar.1	Purchases from Punjabi furniture, Delhi
	10 chairs @ ₹ 300 each
	1 table @ ₹ 800 each
	Packing and delivery charges ₹ 215
	Less: trade discount @ 10%
Mar.7	Bought of Naidu furniture, Hyderabad
	1 stool @ ₹ 250
	5 collapsible chairs @ ₹ 40 each
	Delivery and cartage ₹ 15
Mar.21	Purchases from Bengali furniture, Kolkata
	5 chairs @ ₹ 300 each
	30 steel cabinets @ ₹ 75 each
	Packing and delivery charges ₹ 25
	Less: trade discount @ 10%
Mar.25	Purchases from M. Swaminathan & Sons, Chani on credit
	1 typewriter @ ₹ 1,500 for office use. (charges GST @ 12 % in each case)

The solution of Question No 02 Chapter No 8- UNIMAX Class 11

Purchase Book

Date	Invoice no.	Particulars	L. F.	Details	Cost	Input IGST	Freight charges	Amount
2020
Mar.1		Punjabi furniture, Delhi
		10 chairs @ ₹ 300 each		3,000
		1 table @ ₹ 800 each		800
				3,800
		Less: trade discount @ 10%		380
				3,420
		Add; IGST 12%		410
				3,800
		Add: packing & delivery charges		215
				4045	3420	410	215	4045
Mar.7		Naidu furniture, Hyderabad
		1 stool @ ₹ 250		250
		5 Collapsible chairs @ ₹ 40 each		200
				450
		Add: GST 12 %		54
				504
		Add; delivery charges		15
				519	450	54	15	519
Mar.21		Bengali furniture, Kolkata
		5 chairs @ ₹ 300 each		1,500
		30 steel cabinets @ ₹ 75 each		2,250
				3,750
		Less: trade discount 12%		375
				3,375
		Add: GST 12 %		405
				3,780
		Add: packing & Delivery Charges		25
				3,805	3,375	405	25	3,805
					7,245	869	255	8,369

Read out the full article to know the meaning of Purchase Book

Purchase Book | Types | Examples | Subsidiary Books

Also, Check out the same article in Hindi from the following link

Purchase Book | Types | Examples | Subsidiary Books in Hindi

Also, Check out the solved question of all Chapters: –

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

Part-I

• Chapter No. 1 - Introduction of Accounting
• Chapter No. 2 - Theory Base of Accounting
• Chapter No. 3 - Vouchers and Transactions
• Chapter No. 4 - Journal
• Chapter No. 5 - Goods and Services Tax (GST): An Introduction
• Chapter No. 6 - Ledger
• Chapter No. 7 - Special Purpose Book -  Cash Book
• Chapter No. 8 - Other Subsidiary Books 
• Chapter No. 9 - Trial Balance 
• Chapter No. 10 - Rectification of Errors
• Chapter No. 11 - Depreciation
• Chapter No. 12 - Provision and Reserves
• Chapter No. 13 - Bank Reconciliation Statement
• Chapter No. 14 - Bills of Exchange 

Students may choose only one part from the Part II and Part III

Part-II

• Chapter No. 15 - Financial Statements (Without Adjustments)
• Chapter No. 16 - Financial Statements (With Adjustments)
• Chapter No. 17 - Accounts from Incomplete Records -  Single Entry System

Part-III

• Chapter No. 18 - Introduction to Computers and Accounting information System
• Chapter No. 19 - Computerised Accounting
• Chapter No. 20 - Accounting Software: Tally 
• Chapter No. 21 - Data Base System
• Chapter No. 22 - Concept of Entity and Relationship