Question No 11 Chapter No 9 - USHA Publication 11 Class

Question No 11 Chapter No 9

Table of Contents

Purchases book & Sale Book

11. Enter the following transaction of Buta Singh’s business in proper books.

2018
Sep.1	Purchased from Kalyan Singh Watch Co., Lucknow
	3 dozen wall clocks @ Rs 3,600 per dozen
	2 dozen Wristwatches @ Rs 450 per watch
	(Less 20% trade discount)
Sep.4	Sold to Sahib Singh & Co., Ne Delhi
	8 Alarm Time Pieces @Rs 175 each
	(10% Trade discount)
Sep.7	Sold to Parkash Singh & Co., Chandigarh
	12 Gold Plated Wrist Watches @ Rs 2,500 each
	8 Office clocks @ Rs 250 each
	(less 15% Trade discount)
Sep.9	Bought of Virbhadra Singh & Sons, Shimla
	4 dozen Wall Clocks @ Rs 300 per piece
	2 dozen Time Pieces @ RS 175 per piece
Sep.12	Sold to Manmohan Singh & Co., Amritsar
	12 Wrist Watches @ Rs 3,600 per dozen
	18 Time Pieces @ Rs 1,200 per dozen
	(Less 10% Trade discount)
Sep.15	Bought of Mulayam Singh & Co., Lucknow
	10 Pocket Watches @ Rs 425 each
	12 Gold Plated Watches @ Rs 2,500 each

The solution of Question No 11 Chapter No 9: –

Purchases Book
Date	Particular	Detail	Total
2018
Sep. 1	Kalyan Singh Watch Co., Lucknow
	3 Dozen Wall Clocks @ Rs 3,600 per dozen	10,800
	2 dozen Wrist Watch @ Rs 450 per watch	10,800
		21,600
	Less: Trade Discount @20%	4,320
		17,280	17,280

Sep. 9	Virbhadra Singh & Sons, Shimla
	4 dozen Wall Clocks @ Rs 300 per piece	14,400
	2 dozen Time Pieces @ Rs 175 per piece	4,200
		18,600	18,600
Sep. 15	Mulayam Singh & Co., Lucknow
	10 Pocket Watches @ Rs 425 each	4,250
	12 Gold Plated Watches @ Rs 2,500 each	30,000
		34,250	34,250
	Total		70,130

Sale Book
Date	Particular	Detail	Total
2018
Sep. 4	Sahib Singh & Co., New Delhi
	8 Alarm Timepieces @ Rs 175 each	1,400
	Less: Trade Discount @10%	140
		1,260	1,260

Sep. 7	Parkash Singh & Co., Chandigarh
	12 Gold Plaited Wrist Watches@ Rs 2,500 each	30,000
	8 Office clocks @ Rs 250 each	2,000
		32,000
	Tared Discount 15%	4,800
		27,200	27,200
Sep. 12	Manmohan Singh & Co., Amritsar
	12 Wrist Watches @ Rs 3,600 per dozen	3,600
	18 Time Pieces @ Rs 1,200 per dozen	1,800
		5,400
	Tared Discount 10%	540
		4,860	4,860
	Total		33,320