Question No 07 Chapter No 9 – USHA Publication 11 Class

Question No 07 Chapter No 9

Question No 07 Chapter No 9

7. From the following particular, write up the sale Bok of Ajay Kumar who deals in furniture. Also, make the posting from sale Book

2018  
Dec.4 Sold on credit Anwar Brothers
  10 tables @ Rs 500 each
  30 chairs @ RS 200 each
Dec. 11 Sold to Banasri Dass & Co.
  2 almirahs @ Rs 8,000 each
  1 Dining Tables @ Rs 5,000
Dec.20 Sold old typewriter on credit |to Mukandi & Sons for Rs 4,000
Dec. 31 Sold to Kwality Restaurant
  60 Chairs @ Rs 800 each
  15 Tables @ RS 1,500 each
  Ajay offers trade discount at the following rates
  Sale upt0 Rs 20,000 5%
  Sale beyond Rs 20,000 10%

 

The solution of Question No 07 Chapter No 9: –

 

Date Particular Detail Total
2018      
Dec. 4 Anwar Brothers    
  10 tables @ Rs 500 each 5,000  
  30 Charise @ Rs 200 each 6,000  
    11,000  
  Less: Trade Discount @5% 550  
    10,450 10,450
       
Dec. 11 Banarsi Dass & Co.    
  2 Almirahs @ Rs 8,000 each 16,000  
  1 Dining table @ Rs 5,000 each 5,000  
    21,000  
  Less: Trade Discount 10% 2,100  
    18,900 18,900
Dec.31 Kwality Restaurant    
  60 chairs @ Rs 800 each 48,000  
  15 table @ Rs 1,500 each 22,500  
    70,500  
  Less: Trade Discount @10% 7,050  
    63,450 63,450
  Total 92,800 92,800

Note: the entry of Dec.20 will not come in the sale for because it is not related to the business  deals in

Sales Book| Subsidiary Books | Examples

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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)

 

 

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