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

Question No 03 Chapter No 8 - UNIMAX Class 11 - Solution-min
Question No 03 Chapter No 8 - UNIMAX Class 11 - Solution-min

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

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

Apr.1Purchases 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.10Purchases 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.16Purchases 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

Sales Book
DateInvoice no.Particulars
L. F.DETAILCOSTINPUT CGST Input SGSTInput IGSTFrights ChargesAmount
2020          
Mar.1210Verma bros., Mumbai        
  10 Phillips Tubelights@₹200 each 2,000      
  50 Crompton bulbs @ ₹ 100 each 5,000      
    7,000      
  Less: trade discount @ 10% 700      
    6,300      
  Add; CGST 6% 378      
  Add; SGST 6% 378      
    7,0566,300378378007,056
Apr.1018Reena electric store, Delhi        
  25 heater @ ₹ 800 each 20,000      
  15 Crompton fans @ ₹ 1,600 24,000      
    44,000      
  Less: trade discount @ 10 % 4,400      
    39,600      
  Add: IGST @ 12% 4,752      
    44,35239,600004,752044,352
           
Apr.16125Rajan electric store, Delhi        
  5 dozen Philips bulbs @ ₹ 100 each 6,000      
  25 power pugs @ ₹ 80 each 2,000      
    8,000      
  Less: trade discount @ 10% 800      
    7,200      
  Add: GST 12 % 864      
    8,064      
  Add: freight 75      
    8,1397,20000864758,139
     53,1003783785,6167559,547

Journal

Date  Particulars L.F.DebitCredit
2020     
Apr.30Purchases A/cDr. 53,100 
 Input CGST A/cDr. 378 
 Input SGST A/cDr. 378 
 Input IGST A/cDr. 5,616 
 Freight inward A/cDr. 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

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Purchase Book | Types | Examples | Subsidiary Books

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

Purchase Book | Types | Examples | Subsidiary Books in Hindi

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

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

Part-I

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

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Part-II

  • Chapter No. 15 – Financial Statements (Without Adjustments)
  • Chapter No. 16 – Financial Statements (With Adjustments)
  • Chapter No. 17 – Accounts from Incomplete Records –  Single Entry System

Part-III

  • Chapter No. 18 – Introduction to Computers and Accounting information System
  • Chapter No. 19 – Computerised Accounting
  • Chapter No. 20 – Accounting Software: Tally 
  • Chapter No. 21 – Data Base System
  • Chapter No. 22 – Concept of Entity and Relationship 

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