Loading Tutorstips...
✦ FREE LEARNING — CLASS 11 & 12 — CBSE · PSEB — ACCOUNTS · ECONOMICS · BST ✦
Advertisement
Advertisement
Advertisement
Advertisement
Question No 18 Chapter No 11
18. Write up Purchases and Sale Books from the following transaction of Kalyan Silks, Kochi, Kerala given for April 2018 and post the total in the Ledger :
| 2018 | |
| Apr.1 | Purchased from Ram Prasad, Chennai: |
| 100 metres Silk @ Rs 400 per metre | |
| 75 meters Vellvet @ Rs 150 per meter | |
| Plus: IGST@ 12% | |
| Apr.10 | Sold to Rati Ram, Ahmedabad: |
| 60 metres Silk @ Rs 500 per metre | |
| 10 meters Velvet @ RS 200 per metre | |
| Charged: IGST@12% | |
| Apr.12 | Sold o Ramaswami, Kochi |
| 10 metres Silk @ Rs 550 per metre | |
| 10 metres Velvet @ Rs 200 per metre | |
| Charged: CGST and SGST @6% each | |
| Apr.18 | Roop Narain& sons, Kochi purchased from us: |
| 10 meters Silk @ Rs 550 per metre | |
| 5 metres Valvet @ Rs 200 per meter | |
| Allowed Trad Discount 10%, Charged CGST and SGST @6% each | |
| Apr.22 | Purchased from Man Mohan Lal, Varanasi: |
| Shirting Cloth Rs 10,000 | |
| Sarees Rs 60,000 | |
| Received Trade Discount 10%, Charged CGST and SGST @ 6% each | |
| Apr.23 | Sold to Brij Mohan & Bros., Mathura: |
| Shirting Cloth Rs 7,000 | |
| Sarees Rs 25,000 | |
| Charged IGST @12% |
In the Books of Kalyan Silks, Kochi, Kerala
| Purchases Book | |||||||
| Date | Particular | Detail | Cost |
Input CGST | Input SGST | Input ISGT |
Total |
|---|---|---|---|---|---|---|---|
| 2018 Apr. |
|||||||
| 1 | Ram Prasad, Chennai: | ||||||
| 100 metres Silk @ Rs 400 per metre | 40,000 | ||||||
| 75 metres Velvet @ Rs 150 per metre | 11,250 | ||||||
| 51,250 | |||||||
| Add: IGST 12% | 6,150 | ||||||
| 57,400 | 51,250 | 6,150 | 57,400 | ||||
| 2 | Man Mohan Lal, Varanasi: | ||||||
| Shirting cloth Rs 10,000 | 10,000 | ||||||
| Sarees Rs 60,000 | 60,000 | ||||||
| 70,000 | |||||||
| Less: trade Discount 10% | 7,000 | ||||||
| 63,000 | |||||||
| Add: IGST 12% | 7,560 | ||||||
| 70,560 | 63,000 | 7,560 | 70,560 | ||||
| 1,14,250 | 13,710 | 1,27,960 | |||||
| Sale Book | |||||||
| Date | Particular | Detail | Cost |
Output CGST | Output SGST | Output ISGT |
Total |
|---|---|---|---|---|---|---|---|
| 2018 Apr. |
|||||||
| 10 | Rati Ram, Ahmedabad : | ||||||
| 60 metres Silk @ Rs 500 per metre | 30,000 | ||||||
| 10 metres Velvet @ Rs 200 per metre | 2,000 | ||||||
| 32,000 | |||||||
| Add: IGST 12% | 3,840 | ||||||
| 35,840 | 32,000 | 3,840 | 35,840 | ||||
| 12 | Ramaswami, Kochi:: | ||||||
| 10 metres Silk @ Rs 550 per Metres | 5,500 | ||||||
| 10 Metres Velvet @ Rs 200 per metres | 2,000 | ||||||
| 7,500 | |||||||
| Add: CGST 6% | 450 | ||||||
| Add: SGST 6% | 450 | ||||||
| 8,400 | 7,500 | 450 | 450 | 8,400 | |||
| 18 | Roop Narain & Sons, Kochi : | ||||||
| 10 metres Silk @ Rs 550 per metre | 5,500 | ||||||
| 5 metres Valvet @ Rs 200 per metre | 1,000 | ||||||
| 6,500 | |||||||
| Less: Trade Discount 10% | 650 | ||||||
| 5,850 | |||||||
| Add: CGST 6% | 351 | ||||||
| Add: SGST 6% | 351 | ||||||
| 6,552 | 5,850 | 351 | 351 | 6,552 | |||
| 23 | Brij Mohan Bros., Mathura | ||||||
| Shirting Cloth Rs 7,000 | 7,000 | ||||||
| Sarees Rs 25,000 | 25,000 | ||||||
| 32,000 | |||||||
| Add: IGST@12% | 3,840 | ||||||
| 35,840 | 32,000 | 3,840 | 35,840 | ||||
| 77,350 | 801 | 801 | 7,680 | 86,632 | |||
| Dr. | Purchase A/c | Cr. | |||||
| Date | Particulars |
J.F. | Amount | Date | Particulars |
J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2018 | 2018 | ||||||
| Apr.1 | To Ram Prasad, Chennai A/c | 51,250 | |||||
| Apr.9 | To Man Mohan Lal, Varanasi A/c | 63,000 | |||||
| Apr.30 | To Balance C/d | 1,14,250 | |||||
| 1,14,250 | 1,14,250 | ||||||
| Dr. | Sale A/c | Cr. | |||||
| Date | Particulars |
J.F. | Amount | Date | Particulars |
J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2018 | 2018 | ||||||
| Apr.10 | By Rati Ram, Ahmedabad A/c |
32,000 |
|||||
| Apr.12 | By Ramaswami, Kochi A/c | 7,500 | |||||
| Apr.18 | By Roop Narain & Sons, Kochi A/c | 5,850 | |||||
| Apr.22 | By Brij Mohan & Bros, Mathura A/c | 32,000 | |||||
| Apr.30 | To Balance C/d | 77,350 | |||||
| 77,350 | 77,350 | ||||||
| Dr. | Ram Prasad, Chennai A/c |
Cr. | |||||
| Date | Particulars |
J.F. | Amount | Date | Particulars |
J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2018 | 2018 | ||||||
| Apr.1 | By Purchase A/c | 51,250 | |||||
| Apr.1 | By Input IGST A/c | 6,150 | |||||
| Apr.30 | To Balance C/d | 57,400 | |||||
| 57,400 | 57,400 | ||||||
| Dr. | Man Mohan Lal, Varanasi A/c |
Cr. | |||||
| Date | Particulars |
J.F. | Amount | Date | Particulars |
J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2018 | 2018 | ||||||
| Apr.22 | By Purchase/c | 63,000 | |||||
| Apr.22 | By Input IGST A/c | 7,560 | |||||
| Apr.30 | To Balance C/d | 70,560 | |||||
| 70,560 | 70,560 | ||||||
| Dr. | Rati Ram, Ahmedabad A/c |
Cr. | |||||
| Date | Particulars |
J.F. | Amount | Date | Particulars |
J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2018 | 2018 | ||||||
| Apr.10 | To Sale A/c | 32,000 | |||||
| Apr.10 | To Output IGST A/c | 3,840 | |||||
| Apr.30 | To Balance C/d | 35,840 | |||||
| 35,840 | 35,840 | ||||||
| Dr. | Ramaswami, Kochi A/c |
Cr. | |||||
| Date | Particulars |
J.F. | Amount | Date | Particulars |
J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2018 | 2018 | ||||||
| Apr.12 | To Sale A/c | 7,500 | |||||
| Apr.12 | To Output CGST A/c | 450 | |||||
| Apr.12 | To Output SGST A/c | 450 | |||||
| Apr.30 | To Balance C/d | 8,400 | |||||
| 8,400 | 8,400 | ||||||
| Dr. | Roop Narain & Sons, Kochi A/c |
Cr. | |||||
| Date | Particulars |
J.F. | Amount | Date | Particulars |
J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2018 | 2018 | ||||||
| Apr.18 | To Sale A/c | 5,850 | |||||
| Apr.18 | To Output CGST A/c | 351 | |||||
| Apr.18 | To Output SGST A/c | 351 | |||||
| Apr.30 | To Balance C/d | 6,552 | |||||
| 6,552 | 6,552 | ||||||
| Dr. | Brij Mohan & Bros, Mathura A/c |
Cr. | |||||
| Date | Particulars |
J.F. | Amount | Date | Particulars |
J.F. | Amount |
|---|---|---|---|---|---|---|---|
| 2018 | 2018 | ||||||
| Apr.22 | To Sale A/c | 32,000 | |||||
| Apr.22 | To Output IGST A/c | 3,840 | |||||
| Apr.30 | To Balance C/d | 35,840 | |||||
| 35,840 | 35,840 | ||||||
To understand more about cash book please check out following links: -
https://tutorstips.com/sales-return-book/
Thanks, Please Like and share with your friends
Comment if you have any question.
Also, Check out the solved question of previous Chapters: -
Check out T.S. Grewal +1 Book 2019 @ Official Website of Sultan Chand Publication
T.S. Grewal's Double Entry Book Keeping
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 18 Chapter No 11 - T.S. Grewal 11 Class", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to T.S. Grewal 11 Class Financial Accounting.
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 18 Chapter No 11 - T.S. Grewal 11 Class" instantly.
