Question No 3 Chapter No 11 – T.S. Grewal 11 Class

Posted by By Amanpreet Kaur 13 Min Read June 20, 2020
Question No.3 - Chapter No.11 - T.S. Grewal +1 Book 2019-Solution-min-min

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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