Question No 5 Chapter No 8- UNIMAX Class 11 – Solution
Table of Contents
5. (with GST). From the following information on M/s. Divyam & Co., Delhi, prepare the purchases book for the month of February 2020:
| Jan.1 | Purchases from M/s Rupa & Co., Kolkata on credit: |
| 5 gross pencils @1,200per gross | |
| 2 dozen register # 500 per drozen | |
| Less: trade discount @ 10% | |
| Jan.2 | Purchases for cash from the stationery mart |
| 10 dozen exercise books @ ₹ 300 per dozen | |
| Jan.3 | Purchases computer printer for office use from M/s office goods Co. on credit for ₹ 20,000 |
| Feb.4 | Purchases on credit from the Singh paper Co., Delhi |
| 8 reams of white paper @ ₹ 500 per ream | |
| 10 reams of ruled paper @ ₹ 600 per ream | |
| Less: trade discount @ 10 % | |
| Jan.5 | Purchases 80 flair pens @ ₹ 5 each from M/s Nagoke bros., Delhi on credit |
| Note: CGST and SGST are levied @ 2.5% each and IGST is levir |
The solution of Question No 5 Chapter No 8: –
| Purchase Book | |||||||||
| Date | Invoice no. | Particulars |
L. F. | DETAIL | COST | Input CGST | Input SGST | Input IGST | Amount |
| 2020 | |||||||||
| Feb.1 | 301 | Ms. Rupa & co. Kolkata | |||||||
| 5 gross pencils @ 1,200 | 6,000 | ||||||||
| 2 dozen registers @ ₹ 500 per dozen | 1,000 | ||||||||
| 7,000 | |||||||||
| Less: trade discount @ 10% | 700 | ||||||||
| 6,300 | |||||||||
| Add: IGST 5% | 315 | ||||||||
| 6,615 | 6300 | 315 | 6,615 | ||||||
| Feb.4 | The Singh paper Co., Delhi | ||||||||
| 8 reams white paper @ ₹ 500 each | 4,000 | ||||||||
| 10 reams ruled paper @ ₹ 600 each | 6,000 | ||||||||
| 10,000 | |||||||||
| Less: trade discount @ 10 % | 1,000 | ||||||||
| 9,000 | |||||||||
| Add: CGST @ 2.5% | 225 | ||||||||
| Add: SGST @ 2.5% | 225 | ||||||||
| 9,450 | 9,000 | 225 | 225 | 9,450 | |||||
| Feb.5 | M/s Nagoke bros., Delhi | ||||||||
| 80 flair pens @ ₹ 5 each | 400 | ||||||||
| Add: CGST 2.5 % | 10 | ||||||||
| Add: CGST 2.5 % | 10 | ||||||||
| 420 | 400 | 10 | 10 | 420 | |||||
| 15,700 | 235 | 235 | 315 | 16,485 | |||||
Read out the full article to know the meaning of Purchase Book
Purchase Book | Types | Examples | Subsidiary Books
Also, Check out the same article in Hindi from the following link
Purchase Book | Types | Examples | Subsidiary Books 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