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✦ FREE LEARNING — CLASS 11 & 12 — CBSE · PSEB — ACCOUNTS · ECONOMICS · BST ✦
Question No 22 Chapter No 9
Purchases, Sale, Purchases Return and Sale Return book
22. From the particulars given below, enter the transaction in the subsidiary books
| 2019 | |
| Mar.1 | Bought goods from Ramesh & Co., Rs 2,000 less 10% trade discount |
| Mar.2 | Received from Omesh & Co., goods of Rs 6,000 less 10% trade discount and 5% cash discount on cash |
| Mar.3 | Sold on credit to R.Ramesh goods Rs 8,000 less 2% trade discount |
| Mar.4 | Booked order with S. Somnath goods Rs 3,000 less 205 trade discount |
| Mar.5 | Returned to Ramesh & Co., 1/4th of goods which were received on 1st March as there were not according to the sample |
| Mar.6 | Invoice goods to B. Barva worth Rs 1,600 after allowing a 10% trade discount |
| Mar.7 | Sold our surplus machinery for Rs 600 |
| Mar.8 | B.Barva returned goods worth Rs 140 for which we sent him a credit note |
Purchases Book
| Date | Particular | Detail | Total |
|---|---|---|---|
| 2018 | |||
| Mar. 1 | Ramesh & Co., | 2,000 | |
| Less- Trade discount @ 10% | 200 | ||
| 1,800 | 1,800 | ||
| Mar. 2 | Omesh & Co., | 3,000 | |
| Trade discount @ 15% | 300 | ||
| 2,700 | 2,700 | ||
| Total | 4,500 |
Sale Book
| Date | Particular | Detail | Total |
|---|---|---|---|
| 2018 | |||
| Mar. 3 | R.Ramesh | 8,000 | |
| Less- Trade discount @ 2% | 160 | ||
| 7,640 | 7,640 | ||
| Mar. 6 | B.Brave | 1,600 | |
| Tared Discount @ 10% | 160 | ||
| 1,440 | 1,440 | ||
| Total | 9,280 |
Purchases Return Book
| Date | Particular | Detail | Total |
|---|---|---|---|
| 2018 | |||
| Mar. 5 | R.Ramesh | 500 | |
| Less- Trade discount @ 10% | 50 | ||
| 450 | 450 | ||
| Total | 450 |
Sale Return Book
| Date | Particular | Detail | Total |
|---|---|---|---|
| 2018 | |||
| Mar. 8 | B.Brave | 140 | 140 |
| Total | 140 |
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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)
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 22 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.
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