Question No 02 Chapter No 8- UNIMAX Class 11
Table of Contents
2. Record the following transactions in the purchases book of S. Ganapaty of Ludhiana, a dealer in furniture: (with GST)
| 2020 | |
| Mar.1 | Purchases from Punjabi furniture, Delhi |
| 10 chairs @ ₹ 300 each | |
| 1 table @ ₹ 800 each | |
| Packing and delivery charges ₹ 215 | |
| Less: trade discount @ 10% | |
| Mar.7 | Bought of Naidu furniture, Hyderabad |
| 1 stool @ ₹ 250 | |
| 5 collapsible chairs @ ₹ 40 each | |
| Delivery and cartage ₹ 15 | |
| Mar.21 | Purchases from Bengali furniture, Kolkata |
| 5 chairs @ ₹ 300 each | |
| 30 steel cabinets @ ₹ 75 each | |
| Packing and delivery charges ₹ 25 | |
| Less: trade discount @ 10% | |
| Mar.25 | Purchases from M. Swaminathan & Sons, Chani on credit |
| 1 typewriter @ ₹ 1,500 for office use. (charges GST @ 12 % in each case) |
The solution of Question No 02 Chapter No 8- UNIMAX Class 11
| Purchase Book | ||||||||
| Date | Invoice no. | Particulars | L. F. | Details | Cost |
Input IGST | Freight charges | Amount |
| 2020 | ||||||||
| Mar.1 | Punjabi furniture, Delhi | |||||||
| 10 chairs @ ₹ 300 each | 3,000 | |||||||
| 1 table @ ₹ 800 each | 800 | |||||||
| 3,800 | ||||||||
| Less: trade discount @ 10% | 380 | |||||||
| 3,420 | ||||||||
| Add; IGST 12% | 410 | |||||||
| 3,800 | ||||||||
| Add: packing & delivery charges | 215 | |||||||
| 4045 | 3420 | 410 | 215 | 4045 | ||||
| Mar.7 | Naidu furniture, Hyderabad | |||||||
| 1 stool @ ₹ 250 | 250 | |||||||
| 5 Collapsible chairs @ ₹ 40 each | 200 | |||||||
| 450 | ||||||||
| Add: GST 12 % | 54 | |||||||
| 504 | ||||||||
| Add; delivery charges | 15 | |||||||
| 519 | 450 | 54 | 15 | 519 | ||||
| Mar.21 | Bengali furniture, Kolkata | |||||||
| 5 chairs @ ₹ 300 each | 1,500 | |||||||
| 30 steel cabinets @ ₹ 75 each | 2,250 | |||||||
| 3,750 | ||||||||
| Less: trade discount 12% | 375 | |||||||
| 3,375 | ||||||||
| Add: GST 12 % | 405 | |||||||
| 3,780 | ||||||||
| Add: packing & Delivery Charges | 25 | |||||||
| 3,805 | 3,375 | 405 | 25 | 3,805 | ||||
| 7,245 | 869 | 255 | 8,369 | |||||
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
- Chapter No. 1 – Introduction of Accounting
- Chapter No. 2 – Theory Base of Accounting
- Chapter No. 3 – Vouchers and Transactions
- Chapter No. 4 – Journal
- Chapter No. 5 – Goods and Services Tax (GST): An Introduction
- Chapter No. 6 – Ledger
- Chapter No. 7 – Special Purpose Book – Cash Book
- Chapter No. 8 – Other Subsidiary Books
- Chapter No. 9 – Trial Balance
- Chapter No. 10 – Rectification of Errors
- Chapter No. 11 – Depreciation
- Chapter No. 12 – Provision and Reserves
- Chapter No. 13 – Bank Reconciliation Statement
- Chapter No. 14 – Bills of Exchange
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