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 1024x576 - Question No 4 Chapter No 11 - T.S. Grewal 11 Class

Question No 4 Chapter No 11

  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.8 Purchases 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.12 Purchases in cash 20 boxes of tea @ Rs 500 per box at a Trade Discount of 10% plus CGST and SGST @ 6% each.
*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.
Apr.20 Purchased 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.25 Purchases 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 
Date Particular Detail Cost
Input CGST Input SGST  Input
ISGT
 
Packing Total
2018
Apr
               
8 Subodh Brother, Delhi              
  5 chests of Tea @ RS 7,000 35,000            
    35,000            
  Less: Trade Discount 10% 3,500            
    31,500            
  Add: IGST 3,780            
    35,280            
  Add: freight charges 500            
    35,780 31,500     3,780 500 35,780
                 
20 Siliguri Tea Agency, Siliguri West Bengal :              
  15 Boxes of tea @ Rs 600 per 9,000            
    9,000            
  Less: Trade Discount @10% 900            
    8,100            
                 
  Add: CGST 486            
  Add: SGST 486            
    9,072            
    50            
    9,122 8,100 486 486   50 9,122
      39,600 486 486 3,780 550 44,902

 

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

 

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

 

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

 

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

 

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

 

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

 

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

*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: –

Purchase Book | Types | Examples | Subsidiary Books

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

Check out T.S. Grewal +1 Book 2019 @ Official Website of Sultan Chand Publication

T.S. Grewals Double Entry Book Keeping - Question No 4 Chapter No 11 - T.S. Grewal 11 Class

T.S. Grewal’s Double Entry Book Keeping

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