Question No 4 Chapter No 8- UNIMAX Class 11 – Solution

Question No 4 Chapter No 8 - UNIMAX Class 11 - Solution-min
Question No 4 Chapter No 8 - UNIMAX Class 11 - Solution-min

Question No 4 Chapter No 8- UNIMAX Class 11 – Solution

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

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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