Question No 02 Chapter No 9 – USHA Publication 11 Class

Question No 02 Chapter No 9

Question No 02 Chapter No 9

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

 

Purchase Book | Types | Examples | Subsidiary Books

Thanks, Please Like and share with your friends  

Comment if you have any question.

Also, Check out the solved question of all Chapters: –

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

Chapter No. 1 – Introduction

Chapter No. 2 – Theory Base of Accounting 

Chapter No. 3 – Origin of Transactions

Chapter No. 4 – Vouchers and transactions

Chapter No. 5 – Journal

Chapter No. 6 – Accounting for Goods and Services Tax(GST)

Chapter No. 7 – Ledger

Chapter No. 8 – Cash Book

Chapter No. 9 – Other Subsidiary Books

Chapter No. 10 – Journal Proper

Chapter No. 11 – Trial Balance

Chapter No. 12 – Bank Reconciliation Statement

Chapter No. 13 – Depreciation

Chapter No. 14 – Provisions and Reserves 

Chapter No. 15 – Bills of Exchange

Chapter No. 16 – Rectification of Errors 

Chapter No. 17 – Financial Statements – (Without Adjustments)

Chapter No. 18 – Financial Statements – (With Adjustments)