Question No 3 Chapter No 8- UNIMAX Class 11 - Solution

Question No 3 Chapter No 8- UNIMAX Class 11 – Solution

Table of Contents

3. Enter the following transactions in the purchases book of M/s Naveen Brothers, Mumbai and pass the journal entry:

Apr.1	Purchases goods from Verme bros., Mumbai on credit vide invoice No.210
	10 Philips Tubelights @ 200 each, plus CGST and SGST @ 6 % each
	50 Crompton bulbs @ ₹ 100 each, plus CGST and SGST @ 6 % each
	Less: trade discount @ 10%
Apr.10	Purchases goods from Reena electric store, Delhi vide invoice No.210
	25 heater @ ₹ 800 each, 10% trade discount, plus IGST @ 12 %
	15 Crompton fans @ ₹ 1,600 each, 10% trade discount, plus IGST @ 12 %
Apr.16	Purchases goods from Rajan electric store, Delhi vide invoice No.215
	5 dozen Philip bulbs @ ₹ 100 each, plus IGST @ 12 %
	25 power plugs @ ₹ 80 each, plus IGST @ 12 %
	Trade discount @ 10% and freight charges are ₹ 75.

The solution of Question No 3 Chapter No 8- UNIMAX Class 11

Journal

Date	Particulars		L.F.	Debit	Credit
2020
Apr.30	Purchases A/c	Dr.		53,100
	Input CGST A/c	Dr.		378
	Input SGST A/c	Dr.		378
	Input IGST A/c	Dr.		5,616
	Freight inward A/c	Dr.		75
	To Joshi Bros., Mumbai A/c				7,056
	To Rajesh electric store, Delhi A/c				44,352
	To Supreme electric store, Delhi A/c				8,139
	(being the purchases for the month of April)

Read out the full article to know the meaning of Purchase Book

Also, Check out the same article in Hindi from the following link

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

Part-I

Students may choose only one part from the Part II and Part III

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Part-II

Part-III