Problem No 01 Chapter No 8 – UNIMAX Class 11

Problem No 01 Chapter No 8 - UNIMAX Class 11 - Solution-min

Problem No 01 Chapter No 8 – UNIMAX Class 11

Free Accounting book Solution - Class 11 and Class 12

1. Prepare purchases book from the following transaction of Garg & Co.

2020  
Jan.4 Purchased from Nagpal &Co.
40 chairs @ ₹ 115 each.
30 table @ ₹ 500 each.
  Less: 15% Trade discount.
Jan.7 Purchases from Gopal & Sons
20meter cloth @ ₹ 40 per meter.
Jan.11 Purchases from M/s Thakur & Bros.
15 study table @ ₹ 2,200 each
20 almirah @ ₹ 1,500 each
Jan.17 Purchases from Gupta for cash
12 chairs @ ₹ 90 each
Jan.24 Purchased from Gupta & Sons.
2 sofa sets @ ₹ 8,500 per set.
8 single bed @ ₹1,200 each.
Less: 10% Trade discount

The solution of Problem No 01 Chapter No 8 – UNIMAX Class 11

Purchase Book of Garg & Co. For Jan 2020
Date Invoice no Particulars
L. F. Detail Amount
2020          
Jan.4   Nagpal & Sons      
    40 chairs @ ₹ 115 each 4,600   4,600  
    30 tables @ ₹ 500 each    15,000  
        19,600  
    Less: 15% trade discount 2,940    16,660 16,660
           
Jan.11   M/s Thakur & Bros      
    15 study table @ 2,200 each   33,000  
    20 almirah @ ₹1,500 each 30,000 63,000   30,000 63,000
           
Jan.24   Gupta & Co      
    2 sofa sets@ 8,500 each   17,000  
    8 single beds @ ₹ 1,200 each 9,600    9,600  
        26,600  
    Less: 10% trade discount 2,660 23,940   2,660 23,940
    Total as per purchases book      1,03,600

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: –

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

Part-I

Students may choose only one part from the Part II and Part III

Part-II

  • Chapter No. 15 – Financial Statements (Without Adjustments)
  • Chapter No. 16 – Financial Statements (With Adjustments)
  • Chapter No. 17 – Accounts from Incomplete Records –  Single Entry System

Part-III

  • Chapter No. 18 – Introduction to Computers and Accounting information System
  • Chapter No. 19 – Computerised Accounting
  • Chapter No. 20 – Accounting Software: Tally 
  • Chapter No. 21 – Data Base System
  • Chapter No. 22 – Concept of Entity and Relationship 

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