Question No 02 Chapter No 9 - USHA Publication 11 Class

Question No 02 Chapter No 9

Table of Contents

The solution of Question No 02 Chapter No 9: –

Usha Publication – Elements of Book-Keeping PSEB (Class 11) – Solution

2. Enter the following transaction in the purchase book of Grover Electronics for April 2018:

2018
Apr.5	Purchased on credit from M/s LG Electronics Ltd.
	5 LCD TV sets 32 inches @ Rs 72,000 each
	3 Flat TV sets 29 inches @ Rs 16,000 each
	(Trade discount 15%)
Apr.10	Purchased on credit from Bajaj & Co.
	10 Electric Irons @ Rs 500 each
	6 Table Lamps @ Rs 250 each
	5 Room Heaters @ Rs 500 each
	( Trade discount 20%)
Apr.22	Purchased for cash from Sunita Bros.
	2 table Lamps @ Rs 270 each
Apr.30	Purchased on credit from Modern Furnishers
	2 office Table @ Rs 5,000 each
	4 office chair @ Rs 5,000 each

The solution of Question No 02 Chapter No 9: –

Date	Particular	Detail	Total
2018
Apr. 5	M/s LG Electronics Ltd.
	5 LCD TV 32inches @ Rs 72,000 each	27,000
	3 Flat TV 29 inches @ Rs 16,000 each	21,000
		4,08,000
	Less: Trade Discount @15%	61,200
		3,46,800	3,46,800

Apr. 7	Bajaj & Co.,
	10 Electric irons @ Rs 500 each	5,000
	6 Table Lamps @ Rs 250 each	1,500
	5 room Heaters @ Rs 500 each	2,500
		9,000
	Less: Trade Discount @20%	1,800
		7,200	7,200
	Total	3,54,000	3,54,000

Apr.22: Purchased for cash from Sunita Bros.
This entry will not come to the other cash book because it is a cash transaction it will come in the cash book

Apr.30: Purchased on credit from Modern furniture
This entry will not come to the other cash book because this transaction is not related to the business goods So it will not come to the other cash book this entry will be made in the furniture Account