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Question No 4 Chapter No 11 – T.S. Grewal 11 Class

Question No.4 - Chapter No.11 - T.S. Grewal +1 Book 2019-Solution-min-min

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Question No 4 Chapter No 11

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  4. The following purchases were made by M/s B.K. Gupta. Kolkata, during the month of April 2018. Prepare Purchases Books and post them in the Ledger Accounts:

2018 
Apr.8Purchases on credit from Subodh Brother, Delhi: 5 Chests of rate @ Rs7,000 per chest at a Trade Discount of 10% plus IGST @12% and packing and other charges Rs500.
*Apr.12Purchases in cash 20 boxes of tea @ Rs 500 per box at a Trade Discount of 10% plus CGST and SGST @ 6% each.
*Apr.18Purchases on credit 3 show Cases @ Rs 7,500 per case from Raj Furnishing House at a Trade Discount of 10% plus CGST and SGST @6% each.
Apr.20Purchased on credit 15 Boxes of tea @ Rs 600 per box at a Trade Discount of 10% from Siliguri Tea Agency, Siliguri, West Bengal Plus CGST and SGST @ 6% each and packing and other charger Rs 50.
*Apr.25Purchases 5Kg  of special Green Tea on credit from Darjeeling Tea House, Darjeeling, West Bengal @ Rs500 per Kg at a Trade Discount of 10% plus CGST and SGST @6% each for household consumption of proprietor.

The solution of Question No 4 Chapter No 11: – 

In the Books of Gaurav, Delhi

 Purchase Book 
DateParticularDetailCost
Input CGSTInput SGST Input
ISGT
 
PackingTotal
2018
Apr
        
8Subodh Brother, Delhi       
 5 chests of Tea @ RS 7,00035,000      
  35,000      
 Less: Trade Discount 10%3,500      
  31,500      
 Add: IGST3,780      
  35,280      
 Add: freight charges500      
  35,78031,500  3,78050035,780
         
20Siliguri Tea Agency, Siliguri West Bengal :       
 15 Boxes of tea @ Rs 600 per9,000      
  9,000      
 Less: Trade Discount @10%900      
  8,100      
         
 Add: CGST486      
 Add: SGST486      
  9,072      
  50      
  9,1228,100486486 509,122
   39,6004864863,78055044,902

 

Dr.Purchases A/cCr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
2018   2018   
Apr. 8To Subodh Brother, Delhi A/c 31,500    
Apr. 20To Siliguri Tea Agency, Siliguri West Bengal 8,100    
    Apr. 30By Balance C/d 39,600
   39,600   39,600

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Dr.Input CGST A/cCr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
2018   2018   
Apr. 20To Siliguri Tea Agency, Siliguri, West Bengal A/c 486    
    Apr. 30By Balance C/d 486
   486   486

 

Dr.Input SGST A/cCr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
2018   2018   
Apr. 20To Siliguri Tea Agency, Siliguri, West Bengal A/c 486    
    Apr. 30By Balance C/d 486
   486   486

 

Dr.Input IGST  A/cCr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
2018   2018   
Apr. 8To Subodh Brother, Delhi A/c 3,780    
    Apr. 30By Balance C/d 3,780
   3,780   3,780

 

Dr.Packing A/cCr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
2018   2018   
Apr. 8To Subodh Brother, Delhi A/c 500    
Apr.20To Siliguri Tea Agency, Siliguri, West Bengal A/c 50    
    Apr. 30By Balance C/d 550
   550   550

 

Dr.Subodh Brother, Delhi A/cCr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
2018   2018   
    Apr.8By Purchases A/c 31,500
    Apr.8By Input IGST A/c 3,780
    Apr.8By Packing A/c 500
Apr.30To Balance c/d
 35,780    
        
   35,780   35,780

 

Dr.Siliguri Tea Agency, Siliguri  A/cCr.
DateParticulars
J.F.AmountDateParticulars
J.F.Amount
2018   2018   
    Apr.15By Purchases A/c 8,100
    Apr.15By Input CGST A/c 486
    Apr.15By Input SGST A/c 486
    Apr. 20By Packing A/c 50
Apr. 30By Balance C/d 9,072    
   9,072   9,072

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*Apr.12: Purchases in cash 20 boxes of tea @ Rs 500 per box at a Trade Discount of 10% plus
CGST and SGST @ 6% each.

In this transaction, the payment made in cash that is why it will not be recorded in the purchased book because only credit transactions are recorded in the purchased book 

*Apr.18: Purchases on credit 3 show Cases @ Rs 7,500 per case from Raj Furnishing
House at a Trade Discount of 10% plus CGST and SGST @6% each.
In this transaction, the typewrite will be treated as an asset for the business not a good because a business deal with cloths, but only purchased of goods are record in the purchase book so it will not be recorded in the purchased book


*Apr.25: Purchases 5Kg of special Green Tea on credit from Darjeeling Tea House, Darjeeling,
West Bengal @ Rs 500 per Kg at a Trade Discount of 10% plus CGST and SGST @6%
each for household consumption of proprietor.

In this transaction, goods are used in proprietor house so it Drawing so it will not be recorded in the purchases book

To understand more about cash book please check out following links: –

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Purchase Book | Types | Examples | Subsidiary Books

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

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T.S. Grewal's Double Entry Book Keeping

T.S. Grewal’s Double Entry Book Keeping

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