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

Question No 18 Chapter No 11

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.1	Purchased from Ram Prasad, Chennai:
	100 metres Silk @ Rs 400 per metre
	75 meters Vellvet @ Rs 150 per meter
	Plus: IGST@ 12%
Apr.10	Sold to Rati Ram, Ahmedabad:
	60 metres Silk @ Rs 500 per metre
	10 meters Velvet @ RS 200 per metre
	Charged: IGST@12%
Apr.12	Sold o Ramaswami, Kochi
	10 metres Silk @ Rs 550 per metre
	10 metres Velvet @ Rs 200 per metre
	Charged: CGST and SGST @6% each
Apr.18	Roop 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.22	Purchased 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.23	Sold 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
Date	Particular	Detail	Cost	Input CGST	Input SGST	Input ISGT	Total
2018 Apr.
1	Ram Prasad, Chennai:
	100 metres Silk @ Rs 400 per metre	40,000
	75 metres Velvet @ Rs 150 per metre	11,250
		51,250
	Add: IGST 12%	6,150
		57,400	51,250			6,150	57,400
2	Man Mohan Lal, Varanasi:
	Shirting cloth Rs 10,000	10,000
	Sarees Rs 60,000	60,000
		70,000
	Less: trade Discount 10%	7,000
		63,000
	Add: IGST 12%	7,560
		70,560	63,000			7,560	70,560
			1,14,250			13,710	1,27,960

	Sale Book
Date	Particular	Detail	Cost	Output CGST	Output SGST	Output ISGT	Total
2018 Apr.
10	Rati Ram, Ahmedabad :
	60 metres Silk @ Rs 500 per metre	30,000
	10 metres Velvet @ Rs 200 per metre	2,000
		32,000
	Add: IGST 12%	3,840
		35,840	32,000			3,840	35,840
12	Ramaswami, Kochi::
	10 metres Silk @ Rs 550 per Metres	5,500
	10 Metres Velvet @ Rs 200 per metres	2,000
		7,500
	Add: CGST 6%	450
	Add: SGST 6%	450
		8,400	7,500	450	450		8,400
18	Roop Narain & Sons, Kochi :
	10 metres Silk @ Rs 550 per metre	5,500
	5 metres Valvet @ Rs 200 per metre	1,000
		6,500
	Less: Trade Discount 10%	650
		5,850
	Add: CGST 6%	351
	Add: SGST 6%	351
		6,552	5,850	351	351		6,552
23	Brij Mohan Bros., Mathura
	Shirting Cloth Rs 7,000	7,000
	Sarees Rs 25,000	25,000
		32,000
	Add: IGST@12%	3,840
		35,840	32,000			3,840	35,840
			77,350	801	801	7,680	86,632

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

Dr.	Sale A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
				Apr.10	By Rati Ram, Ahmedabad A/c		32,000
				Apr.12	By Ramaswami, Kochi A/c		7,500
				Apr.18	By Roop Narain & Sons, Kochi A/c		5,850
				Apr.22	By Brij Mohan & Bros, Mathura A/c		32,000
Apr.30	To Balance C/d		77,350
			77,350				77,350

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

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

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

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

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

Dr.	Brij Mohan & Bros, Mathura A/c						Cr.
Date	Particulars	J.F.	Amount	Date	Particulars	J.F.	Amount
2018				2018
Apr.22	To Sale A/c		32,000
Apr.22	To Output IGST A/c		3,840
				Apr.30	To 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

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

The solution of Question No 18 Chapter No 11: –

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