Question No 4 Chapter No 8- UNIMAX Class 11 – Solution
Table of Contents
4. The rough book of M/s Garg & Co. a stationery dealer contains the following:
Feb.1 | Purchases from Ritik & Co. on credit: |
50 gross pencils @ ₹ 5 per gross. | |
10 gross registers @ ₹ 12 per dozen. | |
Less: trade discount @ 10% | |
Feb.2 | Purchases for cash from the stationery mart |
100 gross exercise books @ 1.50 per dozen | |
Feb.3 | Purchases typewriter for office use from M/s office goods Co. on credit for ₹ 2,000 |
Feb.4 | Purchases on credit from the paper Co. |
50 reams of white paper @ ₹ 5 per ream | |
100 reams of ruled paper @ ₹ 7.50 per ream | |
Less: trade discount @ 10 % | |
Feb.5 | Purchases ten dozen ink-pots @ ₹ 0.75 each from M/s Verma bros. on credit. |
Required: prepare the purchase book of M/s Garg & Co. |
The solution of Question No 4 Chapter No 8- UNIMAX Class 11 – Solution
SALES | |||||
Date | Invoice no. | Particulars |
L. F. | Details | Amount |
2020 | |||||
Feb.1 | 301 | Ritik & Co. | |||
50 gross pencils @ ₹ 5 per gross | 250 | ||||
10 gross registers @ ₹ 12 per dozen | 1,440 | ||||
1,690 | |||||
169 | 1,521 | ||||
Less: 10% trade discount | |||||
Feb.4 | Paper Co. | ||||
50 ream of white paper @ 5 per | 250 | ||||
100 ream of ruled paper @ ₹ 75.0 per | 750 | ||||
1,000 | |||||
Less: trade discount @ 10% | 100 | 900 | |||
Feb.5 | M/s Verma bros. | ||||
10 dozens ink-pots @ ₹ 0.75 | 90 | 90 | |||
2,511 |
Read out the full article to know the meaning of Sale Book
Sales Book – Subsidiary Books – Examples
Also, Check out the same article in Hindi from the following link
Sales Book – Subsidiary Books – Examples – in Hindi
Also, Check out the solved question of all Chapters: –
Advanced Accountancy – Unimax Class 11 – 2021 – Solution.
Part-I
- Chapter No. 1 – Introduction of Accounting
- Chapter No. 2 – Theory Base of Accounting
- Chapter No. 3 – Vouchers and Transactions
- Chapter No. 4 – Journal
- Chapter No. 5 – Goods and Services Tax (GST): An Introduction
- Chapter No. 6 – Ledger
- Chapter No. 7 – Special Purpose Book – Cash Book
- Chapter No. 8 – Other Subsidiary Books
- Chapter No. 9 – Trial Balance
- Chapter No. 10 – Rectification of Errors
- Chapter No. 11 – Depreciation
- Chapter No. 12 – Provision and Reserves
- Chapter No. 13 – Bank Reconciliation Statement
- Chapter No. 14 – Bills of Exchange
Students may choose only one part from the Part II and Part III
Part-II
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- 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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