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Question No 02 Chapter No 8- UNIMAX Class 11

Question No 02 Chapter No 8 - UNIMAX Class 11 - Solution-min
Question No 02 Chapter No 8 - UNIMAX Class 11 - Solution-min

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Question No 02 Chapter No 8- UNIMAX Class 11

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2. Record the following transactions in the purchases book of S. Ganapaty of Ludhiana, a dealer in furniture: (with GST)

2020 
Mar.1Purchases from Punjabi furniture, Delhi 
 10 chairs @ ₹ 300 each 
 1 table @ ₹ 800 each  
 Packing and delivery charges ₹ 215 
 Less: trade discount @ 10%
Mar.7Bought 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
DateInvoice no.ParticularsL. F.DetailsCost
Input IGSTFreight chargesAmount
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    
    404534204102154045
         
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    
    5194505415519
         
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    
    3,8053,375405253,805
     7,2458692558,369

Read out the full article to know the meaning of Purchase Book

Purchase Book | Types | Examples | Subsidiary Books

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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

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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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