Question No 01 Chapter No 8- UNIMAX Class 11

Question No 01 Chapter No 7 - UNIMAX Class 11 - Solution-min (1)

Question No 01 Chapter No 8- UNIMAX Class 11

Free Accounting book Solution - Class 11 and Class 12

1. M/s Ratan Sons, who are dealers in ready-made garments, purchase the following items, So prepare the purchases book.

Aug.1 Purchases from M/s Parkash Chand & Sons, Mumbai, invoice No. 301
  100 shirts @ ₹ 37 per shirt
  50 zee-shirt @ 15 per shirt.
Aug.12 Purchases from M/s A.N. Gupta and Sons on credit, Invoice No.325
  5 chairs @ ₹20 per chair
Aug.15 Purchases from M/s Gyan prasad and sons on credit Invoice No. 402
  20 bush shirts @ ₹35 per piece
  75 tee shirts @ ₹ 10 per piece, trade discount 12 ½%
Aug.25 Purchases from M/s Raj Kumar & Sons for cash, Invoice No.101
  25 shirts @ 9 per shirt

The solution of Question No 01 Chapter No 8- UNIMAX Class 11

Purchase Book
Date Invoice no. Particulars L. F. Details Amount
2020          
Aug.1 301 M/s Parkash Chand & Sons, Mumbai      
    100 shirts @ ₹ 37 per shirt   3,700.00  
    50 zee-shirts @ ₹ 15 per shirts   750.00  
        4,450.00  
    Less: 15% trade discount   667.50 3,782.50
           
Aug.15 402 M/s Gyan Prasad & Sons      
    20 bush shirts @ 35 per piece   700.00  
    75 tee-shirts @ ₹ 10 per piece   750.00  
        1,450.00  
    Less: trade discount12 ½%   181.25 1,268.75
           
Aug.31   Purchases A/c     5,051.75

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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