Loading Tutorstips...
✦ FREE LEARNING — CLASS 11 & 12 — CBSE · PSEB — ACCOUNTS · ECONOMICS · BST ✦
Question No 02 Chapter No 9
2. Enter the following transaction in the purchase book of Grover Electronics for April 2018:
| 2018 | |
| Apr.5 | Purchased on credit from M/s LG Electronics Ltd. |
| 5 LCD TV sets 32 inches @ Rs 72,000 each | |
| 3 Flat TV sets 29 inches @ Rs 16,000 each | |
| (Trade discount 15%) | |
| Apr.10 | Purchased on credit from Bajaj & Co. |
| 10 Electric Irons @ Rs 500 each | |
| 6 Table Lamps @ Rs 250 each | |
| 5 Room Heaters @ Rs 500 each | |
| ( Trade discount 20%) | |
| Apr.22 | Purchased for cash from Sunita Bros. |
| 2 table Lamps @ Rs 270 each | |
| Apr.30 | Purchased on credit from Modern Furnishers |
| 2 office Table @ Rs 5,000 each | |
| 4 office chair @ Rs 5,000 each |
| Date | Particular | Detail | Total |
|---|---|---|---|
| 2018 | |||
| Apr. 5 | M/s LG Electronics Ltd. | ||
| 5 LCD TV 32inches @ Rs 72,000 each | 3,60,000 | ||
| 3 Flat TV 29 inches @ Rs 16,000 each | 48,000 | ||
| 4,08,000 | |||
| Less: Trade Discount @15% | 61,200 | ||
| 3,46,800 | 3,46,800 | ||
| Apr. 7 | Bajaj & Co., | ||
| 10 Electric irons @ Rs 500 each | 5,000 | ||
| 6 Table Lamps @ Rs 250 each | 1,500 | ||
| 5 room Heaters @ Rs 500 each | 2,500 | ||
| 9,000 | |||
| Less: Trade Discount @20% | 1,800 | ||
| 7,200 | 7,200 | ||
| Total | 3,54,000 | 3,54,000 |
Apr.22: Purchased for cash from Sunita Bros.
This entry will not come to the other cash book because it is a cash transaction it will come in the cash book
Apr.30: Purchased on credit from Modern furniture
This entry will not come to the other cash book because this transaction is not related to the business goods So it will not come to the other cash book this entry will be made in the furniture Account
https://tutorstips.com/purchase-book/
Thanks, Please Like and share with your friends
Comment if you have any question.
Also, Check out the solved question of all Chapters: –
Chapter No. 2 - Theory Base of Accounting
Chapter No. 3 - Origin of Transactions
Chapter No. 4 - Vouchers and transactions
Chapter No. 6 - Accounting for Goods and Services Tax(GST)
Chapter No. 9 - Other Subsidiary Books
Chapter No. 10 - Journal Proper
Chapter No. 11 - Trial Balance
Chapter No. 12 - Bank Reconciliation Statement
Chapter No. 14 - Provisions and Reserves
Chapter No. 15 - Bills of Exchange
Chapter No. 16 - Rectification of Errors
Chapter No. 17 - Financial Statements - (Without Adjustments)
Chapter No. 18 - Financial Statements - (With Adjustments)
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 No 02 Chapter No 9 - USHA Publication 11 Class", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to USHA Publication +1 Elements of Book-Keeping.
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.
You can take our custom-built interactive practice quiz directly on this page to test your understanding of "Question No 02 Chapter No 9 - USHA Publication 11 Class" instantly.
