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Question No 18 Chapter No 11 – T.S. Grewal 11 Class

Question No.18 - Chapter No.11 - T.S. Grewal +1 Book 2019-Solution-min-min

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Question No 18 Chapter No 11

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18. Write up Purchases and Sale Books from the following transaction of Kalyan Silks, Kochi, Kerala given for April 2018 and post the total in the Ledger :

2018 
Apr.1Purchased from Ram Prasad, Chennai:
 100 metres Silk @ Rs 400 per metre
 75 meters Vellvet @ Rs 150 per meter
 Plus: IGST@ 12% 
Apr.10Sold to Rati Ram, Ahmedabad:
 60 metres Silk @ Rs 500 per metre
  10 meters  Velvet @ RS 200 per metre 
 Charged: IGST@12%
Apr.12Sold o Ramaswami, Kochi
 10 metres Silk @ Rs 550 per metre
 10 metres Velvet @ Rs 200 per metre
 Charged: CGST and SGST @6% each 
Apr.18Roop Narain& sons, Kochi purchased from us:
 10 meters Silk @ Rs 550 per metre
 5 metres Valvet @ Rs 200 per meter
 Allowed Trad Discount 10%, Charged CGST and SGST @6% each
Apr.22Purchased from Man Mohan Lal, Varanasi:
 Shirting Cloth Rs 10,000
 Sarees Rs 60,000
 Received Trade Discount 10%, Charged CGST and SGST @ 6% each
Apr.23Sold to Brij Mohan & Bros., Mathura:
 Shirting Cloth Rs 7,000
 Sarees Rs 25,000
 Charged IGST @12%

The solution of Question No 18 Chapter No 11: – 

In the Books of Kalyan Silks, Kochi, Kerala

 Purchases Book 
DateParticularDetailCost
Input CGSTInput SGST Input
ISGT
 
Total
2018
Apr.
       
1Ram Prasad, Chennai:      
 100 metres Silk @ Rs 400 per metre40,000     
 75 metres Velvet @ Rs 150 per metre11,250     
  51,250     
 Add: IGST 12%6,150     
  57,40051,250  6,15057,400
2Man Mohan Lal, Varanasi:      
 Shirting cloth Rs 10,00010,000     
 Sarees Rs 60,00060,000     
  70,000     
 Less: trade Discount 10%7,000     
  63,000     
 Add: IGST 12%7,560     
  70,56063,000  7,56070,560
   1,14,250  13,7101,27,960

 

 Sale Book 
DateParticularDetailCost
Output CGSTOutput SGST Output
ISGT
 
Total
2018
Apr.
       
10Rati Ram, Ahmedabad :      
 60 metres Silk @ Rs 500 per metre30,000     
 10 metres Velvet @ Rs 200 per metre2,000     
  32,000     
 Add: IGST 12%3,840     
  35,84032,000  3,84035,840
12Ramaswami, Kochi::      


10 metres Silk @ Rs 550 per Metres5,500     
 10 Metres Velvet @ Rs 200 per metres2,000     
  7,500     
 Add: CGST 6%450     
 Add: SGST 6%450     
  8,4007,500450450 8,400
18Roop Narain & Sons, Kochi :      
 10 metres Silk @ Rs 550 per metre5,500     
 5 metres Valvet @ Rs 200 per metre1,000     
  6,500     
 Less: Trade Discount 10%650     
  5,850     
 Add: CGST 6%351     
 Add: SGST 6%351     
  6,5525,850351351 6,552
23Brij Mohan  Bros., Mathura      
 Shirting Cloth Rs 7,0007,000     
 Sarees Rs 25,00025,000     
  32,000     
 Add: IGST@12%3,840     
  35,84032,000  3,84035,840
   77,3508018017,68086,632

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Dr.Purchase A/cCr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
2018   2018   
Apr.1To Ram Prasad, Chennai A/c 51,250    
Apr.9To Man Mohan Lal, Varanasi A/c 63,000    
    Apr.30To Balance C/d 1,14,250
   1,14,250   1,14,250

 

Dr.Sale A/cCr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
2018   2018   
    Apr.10By Rati Ram, Ahmedabad A/c 

32,000

    Apr.12By Ramaswami, Kochi A/c 7,500
    Apr.18By Roop Narain & Sons, Kochi A/c 5,850
    Apr.22By Brij Mohan & Bros, Mathura A/c 32,000
Apr.30To Balance C/d 77,350    
   77,350   77,350

 

Dr.Ram Prasad, Chennai A/c
Cr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
2018   2018   
    Apr.1By Purchase A/c 51,250
    Apr.1By Input IGST A/c 6,150
Apr.30To Balance C/d 57,400    
   57,400   57,400

 

Dr.Man Mohan Lal, Varanasi A/c
Cr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
2018   2018   
    Apr.22By Purchase/c 63,000
    Apr.22By Input IGST A/c 7,560
Apr.30To Balance C/d 70,560    
   70,560   70,560

 

Dr.Rati Ram, Ahmedabad A/c
Cr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
2018   2018   
Apr.10To Sale A/c 32,000    
Apr.10To Output IGST A/c 3,840    
    Apr.30To Balance C/d 35,840
   35,840   35,840

 

Dr.Ramaswami, Kochi A/c
Cr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
2018   2018   
Apr.12To Sale A/c 7,500    
Apr.12To Output CGST A/c 450    
Apr.12To Output SGST A/c 450    
    Apr.30To Balance C/d 8,400
   8,400   8,400

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Dr.Roop Narain & Sons, Kochi A/c
Cr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
2018   2018   
Apr.18To Sale A/c 5,850    
Apr.18To Output CGST A/c 351    
Apr.18To Output SGST A/c 351    
    Apr.30To Balance C/d 6,552
   6,552   6,552

 

Dr.Brij Mohan & Bros, Mathura A/c
Cr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
2018   2018   
Apr.22To Sale A/c 32,000    
Apr.22To Output IGST A/c 3,840    
    Apr.30To Balance C/d 35,840
   35,840   35,840

 

To understand more about cash book please check out following links: –

Sales Return Book | Subsidiary Books | Examples

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

Check out T.S. Grewal +1 Book 2019 @ Official Website of Sultan Chand Publication

T.S. Grewal's Double Entry Book Keeping

T.S. Grewal’s Double Entry Book Keeping

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