Question No 3 Chapter No 11
3. From the following transaction of Kamal, Guwahati, prepare Purchases Book and post them into ledger :
| 2018 | |
| Apr.1 | Purchased from Videocon India Ltd., Kolkata |
| 30 Colour T.Vs @ Rs 15,000 each | |
| Less: Trade Discount @ 10% | |
| Plus IGST @12% .Freight charges Rs 2,000 | |
| Apr.15 | Purchased from Sony India Ltd., Guwahati: |
| 10 Colour T.Vs @ Rs 20,000 each | |
| Less: Trade Discount @10% | |
| Plus CGST and SGST @6% each | |
| Apr.20 | Purchased from Music India Ltd., Delhi: |
| 10 music system @ Rs 10,000 each | |
| Less: Trade Discount @15% | |
| Plus: IGST @12% | |
| Apr.30 | Purchased from Videocon India Ltd., Kolkata: |
| 5 washing machines @ R s15,000 each | |
| Less: Trade Discount @ 20% | |
| Plus IGST @12% , Freight charges Rs 2,000 |
The solution of Question No 3 Chapter No 11: –
In the Book of Kamal, Guwahati
| Purchase Book | ||||||||
| Date | Particular | Detail | Cost |
Input CGST | Input SGST | Input ISGT |
Freight chargrs |
Total |
| 2018 Apr |
||||||||
| 1 | Videocon India ltd., Kolkata | |||||||
| 30 Colour T.Vs @ 15,000 each | 4,50,000 | |||||||
| 4,50,000 | ||||||||
| Less: Trade Discount 10% | 45,000 | |||||||
| 4,05,000 | ||||||||
| Add: IGST | 48,600 | |||||||
| 4,53,600 | ||||||||
| Add: freight charges | 2,000 | |||||||
| 4,55,600 | 4,05,600 | 48,600 | 2,000 | 4,55,600 | ||||
| 15 | Sony India Ltd., Guwahati: | |||||||
| 10 Colour T.Vs @ RS 20,000 | 2,00,000 | |||||||
| 2,00,000 | ||||||||
| Less: Trade Discount @10% | 20,000 | |||||||
| 1,80,000 | ||||||||
| Add: CGST | 10,800 | |||||||
| Add: CGST | 10,800 | |||||||
| 2,01,600 | 1,80,000 | 10,800 | 10,800 | 2,01,600 | ||||
| 20 | Music India Lid., Delhi : | |||||||
| 10 Music system @Rs 10,000 | 1,00,000 | |||||||
| 1,00,000 | ||||||||
| Less: Trade Discount @15% | 15,000 | |||||||
| 85,000 | ||||||||
| Add: IGST | 10,200 | |||||||
| 95,200 | 85,000 | 10,200 | 95,200 | |||||
| 30 | Videocon India Ltd., Kolkata: | |||||||
| 5 washing machines @ Rs 15,000 | 75,000 | |||||||
| 75,000 | ||||||||
| Less: Trade Discount @20% | 15,000 | |||||||
| 60,000 | ||||||||
| Add: IGST | 7,200 | |||||||
| Add: Fright Charger | 1,000 | |||||||
| 68,200 | 60,000 | 7,200 | 1,000 | 68,200 | ||||
| 7,30,000 | 10,800 | 10,800 | 66,000 | 3,000 | 8,20,600 | |||
| Dr. | Purchases A/c | Cr. | |||||
| Date | Particulars |
J.F. | Amount | Date | Particulars |
J.F. | Amount |
| 2018 | 2018 | ||||||
| Apr. 1 | To Videocon India Ltd., Kolkata A/c | 4,05,000 | |||||
| Apr. 15 | To Sony India Ltd., Guwahati A/c | 1,80,000 | |||||
| Apr. 20 | To Music India Ltd., Delhi A/c | 85,000 | |||||
| Apr.30 | To Videocon India ltd., Kolkata A/c | 60,000 | Apr. 30 | By Balance C/d | 7,30,000 | ||
| 7,30,000 | 7,30,000 | ||||||
| Dr. | Input CGST A/c | Cr. | |||||
| Date | Particulars |
J.F. | Amount | Date | Particulars |
J.F. | Amount |
| 2018 | 2018 | ||||||
| Apr. 15 | To Sony India Ltd., Guwahati: | 10,800 | |||||
| Apr. 30 | By Balance C/d | 10,800 | |||||
| 10,800 | 10,800 | ||||||
| Dr. | Input SGST A/c | Cr. | |||||
| Date | Particulars |
J.F. | Amount | Date | Particulars |
J.F. | Amount |
| 2018 | 2018 | ||||||
| Apr. 15 | To Sony India Ltd., Guwahati: | 10,800 | |||||
| Apr. 30 | By Balance C/d | 10,800 | |||||
| 10,800 | 10,800 | ||||||
| Dr. | Input IGST A/c | Cr. | |||||
| Date | Particulars |
J.F. | Amount | Date | Particulars |
J.F. | Amount |
| 2018 | 2018 | ||||||
| Apr. 1 | To Videocon India Ltd., Kolkata A/c | 48,600 | |||||
| Apr. 20 | To Music India Ltd., Delhi : A/c |
10,200 | |||||
| Apr. 30 | To Videocon India Ltd., Kolkata: A/c |
7,200 | |||||
| Apr. 30 | By Balance C/d | 66,000 | |||||
| 66,000 | 66,000 | ||||||
| Dr. | Fright Charges A/c | Cr. | |||||
| Date | Particulars |
J.F. | Amount | Date | Particulars |
J.F. | Amount |
| 2018 | 2018 | ||||||
| Apr. 1 | To Videocon India Ltd., Kolkata A/c | 2,000 | |||||
| Apr.30 | To Videocon India Ltd., Kolkata: A/c |
1,000 | |||||
| Apr. 30 | By Balance C/d | 3,000 | |||||
| 3,000 | 3,000 | ||||||
| Dr. | Videocon India Ltd., Kolkata A/c | Cr. | |||||
| Date | Particulars |
J.F. | Amount | Date | Particulars |
J.F. | Amount |
| 2018 | 2018 | ||||||
| Apr.1 | By Purchases A/c | 4,05,000 | |||||
| Apr.1 | By Input IGST A/c | 48,600 | |||||
| Apr.1 | By Freight Charges A/c | 2,000 | |||||
| Apr.30 | By Purchases A/c | 60,000 | |||||
| Apr.30 | By IGST A/c | 7,200 | |||||
| Apr.30 | By Freight Charges A/c | 1,000 | |||||
| Apr.30 | To Balance c/d |
5,23,800 | |||||
| 5,23,800 | 5,23,800 | ||||||
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| Dr. | Sony India Ltd.,Guwahali A/c | Cr. | |||||
| Date | Particulars |
J.F. | Amount | Date | Particulars |
J.F. | Amount |
| 2018 | 2018 | ||||||
| Apr.15 | By Purchases A/c | 1,80,000 | |||||
| Apr.15 | By Input CGST A/c | 10,800 | |||||
| Apr.15 | By Input SGST A/c | 10,800 | |||||
| Apr. 30 | By Balance C/d | 2,01,600 | |||||
| 2,01,600 | 2,01,600 | ||||||
| Dr. | Music IndiaLtd., Delhi A/c | Cr. | |||||
| Date | Particulars |
J.F. | Amount | Date | Particulars |
J.F. | Amount |
| 2018 | 2018 | ||||||
| Apr.15 | By Purchases A/c | 85,000 | |||||
| Apr.15 | By Input IGST A/c | 10,200 | |||||
| Apr. 30 | By Balance C/d | 95,200 | |||||
| 95,200 | 95,200 | ||||||
To understand more about cash book please check out following links: –
Cash Book | Types of Cash Book | Subsidiary Books
Single Column Cash Book | Explained with Example
Double Column Cash Book | Explained with Example
Triple Column Cash Book | Explained with Example
Petty Cash Book | Example | Subsidiary Books
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Also, Check out the solved question of previous Chapters: –
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- Chapter No. 5 – Accounting Equation
- Chapter No. 6 – Accounting Procedures – Rules of Debit and Credit
- Goods and Services Tax(GST)
- Chapter No. 8 – Journal
- Chapter No. 9 – Ledger
Check out T.S. Grewal +1 Book 2019 @ Oficial Website of Sultan Chand Publication
T.S. Grewal’s Double Entry Book Keeping