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Question No 3 Chapter No 8- UNIMAX Class 11 - Solution
3. Enter the following transactions in the purchases book of M/s Naveen Brothers, Mumbai and pass the journal entry:
| Apr.1 | Purchases goods from Verme bros., Mumbai on credit vide invoice No.210 |
| 10 Philips Tubelights @ 200 each, plus CGST and SGST @ 6 % each | |
| 50 Crompton bulbs @ ₹ 100 each, plus CGST and SGST @ 6 % each | |
| Less: trade discount @ 10% | |
| Apr.10 | Purchases goods from Reena electric store, Delhi vide invoice No.210 |
| 25 heater @ ₹ 800 each, 10% trade discount, plus IGST @ 12 % | |
| 15 Crompton fans @ ₹ 1,600 each, 10% trade discount, plus IGST @ 12 % | |
| Apr.16 | Purchases goods from Rajan electric store, Delhi vide invoice No.215 |
| 5 dozen Philip bulbs @ ₹ 100 each, plus IGST @ 12 % | |
| 25 power plugs @ ₹ 80 each, plus IGST @ 12 % | |
| Trade discount @ 10% and freight charges are ₹ 75. |
Sales Book
| Date | Invoice no. | Particulars |
L. F. | DETAIL | COST | INPUT CGST | Input SGST | Input IGST | Frights Charges | Amount |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | ||||||||||
| Mar.1 | 210 | Verma bros., Mumbai | ||||||||
| 10 Phillips Tubelights@₹200 each | 2,000 | |||||||||
| 50 Crompton bulbs @ ₹ 100 each | 5,000 | |||||||||
| 7,000 | ||||||||||
| Less: trade discount @ 10% | 700 | |||||||||
| 6,300 | ||||||||||
| Add; CGST 6% | 378 | |||||||||
| Add; SGST 6% | 378 | |||||||||
| 7,056 | 6,300 | 378 | 378 | 0 | 0 | 7,056 | ||||
| Apr.10 | 18 | Reena electric store, Delhi | ||||||||
| 25 heater @ ₹ 800 each | 20,000 | |||||||||
| 15 Crompton fans @ ₹ 1,600 | 24,000 | |||||||||
| 44,000 | ||||||||||
| Less: trade discount @ 10 % | 4,400 | |||||||||
| 39,600 | ||||||||||
| Add: IGST @ 12% | 4,752 | |||||||||
| 44,352 | 39,600 | 0 | 0 | 4,752 | 0 | 44,352 | ||||
| Apr.16 | 125 | Rajan electric store, Delhi | ||||||||
| 5 dozen Philips bulbs @ ₹ 100 each | 6,000 | |||||||||
| 25 power pugs @ ₹ 80 each | 2,000 | |||||||||
| 8,000 | ||||||||||
| Less: trade discount @ 10% | 800 | |||||||||
| 7,200 | ||||||||||
| Add: GST 12 % | 864 | |||||||||
| 8,064 | ||||||||||
| Add: freight | 75 | |||||||||
| 8,139 | 7,200 | 0 | 0 | 864 | 75 | 8,139 | ||||
| 53,100 | 378 | 378 | 5,616 | 75 | 59,547 |
Journal
| Date | Particulars | L.F. | Debit | Credit | |
|---|---|---|---|---|---|
| 2020 | |||||
| Apr.30 | Purchases A/c | Dr. | 53,100 | ||
| Input CGST A/c | Dr. | 378 | |||
| Input SGST A/c | Dr. | 378 | |||
| Input IGST A/c | Dr. | 5,616 | |||
| Freight inward A/c | Dr. | 75 | |||
| To Joshi Bros., Mumbai A/c | 7,056 | ||||
| To Rajesh electric store, Delhi A/c | 44,352 | ||||
| To Supreme electric store, Delhi A/c | 8,139 | ||||
| (being the purchases for the month of April) | |||||
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: –
Part-I
Students may choose only one part from the Part II and Part III
Part-II
Part-III
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.
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