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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

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

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4. The rough book of M/s Garg & Co. a stationery dealer contains the following:

Feb.1Purchases from Ritik & Co. on credit:
 50 gross pencils @ ₹ 5 per gross.
 10 gross registers @ ₹ 12 per dozen.
 Less: trade discount @ 10%
Feb.2Purchases for cash from the stationery mart
 100 gross exercise books @ 1.50 per dozen
Feb.3Purchases typewriter for office use from M/s office goods Co. on credit for ₹ 2,000
Feb.4Purchases 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.5Purchases 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 
DateInvoice no.Particulars
L. F.DetailsAmount
2020     
Feb.1301Ritik & Co.   
  50 gross pencils @ ₹ 5 per gross 250 
  10 gross registers @ ₹ 12 per dozen 1,440 
    1,690 
    1691,521
  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% 100900
Feb.5 M/s Verma bros.   
  10 dozens ink-pots @ ₹ 0.75 9090
      
     2,511

Read out the full article to know the meaning of Sale Book

Sales Book – Subsidiary Books – Examples

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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

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

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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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