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Question No 09 Chapter No 5
9. State with reasons whether the following transactions are cash transaction or credit transaction:
| (i) | Goods purchased for Rs 35,200. |
| (ii) | Goods purchased for cash Rs 45,300. |
| (iii) | Cash purchases Rs 10,000. |
| (iv) | Goods purchased from Maneka for cash Rs 18,350. |
| (v) | Goods purchased from Maneka Rs 31,250. |
| (vi) | Goods purchased from Maneka on credit Rs 12,500. |
| (vii) | Goods purchased from Maneka Rs 55,000. |
| (viii) | Goods purchased on credit Rs 24,000. |
| (ix) | Goods purchased from Maneka on account Rs 25,600. |
In the Books of Sushma
| S.no | Particulars |
L.F. | Debit | Credit | |
|---|---|---|---|---|---|
| (i) | Purchases A/c | Dr. | 35,200 | ||
| To Cash A/c | 35,200 | ||||
| (Being goods purchases for cash .) | |||||
| (ii) | Purchases A/c | Dr. | 45,300 | ||
| To Cash A/c | 45,300 | ||||
| (Being goods purchases for cash .) | |||||
| (iii) | Purchases A/c | Dr. | 10,000 | ||
| To Cash A/c | 10,000 | ||||
| (Being goods purchases for cash .) | |||||
| (iv) | Purchases A/c | Dr. | 18,350 | ||
| To Cash A/c | 18,350 | ||||
| (Being goods purchases for cash .) | |||||
| (v) | Purchases A/c | Dr. | 31,250 | ||
| To Maneka A/c | 31,250 | ||||
| (Being goods purchases on credit) | |||||
| (vi) | Purchases A/c | Dr. | 12,500 | ||
| To Maneka A/c | 12,500 | ||||
| (Being goods purchases on credit) | |||||
| (vii) | Purchases A/c | Dr. | 55,000 | ||
| To Maneka A/c | 55,000 | ||||
| (Being goods purchases on credit) | |||||
| (viii) | Purchases A/c | Dr. | 24,000 | ||
| To Creditor A/c | 24,000 | ||||
| (Being goods purchases on credit) | |||||
| (ix) | Purchases A/c | Dr. | 25,600 | ||
| To Maneka A/c | 25,600 | ||||
| (Being goods purchases on credit) | |||||
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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 09 Chapter No 5 - 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.
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