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Question 12 Chapter 8 of Class 11 Unimax Publications

Question 12 Chapter 8 of Class 11 Unimax Publications

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Question 12 Chapter 8 of Class 11 Unimax Publications

12. Enter the following transactions in the Sales book of Simran.

2020 
Jan. 1Sold to Jai Durga House
50 Dozen Pencils @ 20 per doz.
20 Dozen Pens @ 5 per pen.
Jan. 5Sold to Gupta Stationery Shop
10 Dozen Note books @ 60 per doz.
15 Gross Rubbers @ 10 per doz.
Jan. 10Sold old newspapers for 150
Jan. 20Sold to Modern Stationery House, for casts 25 dozen Pencils @ 22 per doz.
Jan. 24Sold to Sita Ram & Sons
10 Reams & Paper @ 80 per Ream
Jan. 30Sold old furniture on credit @ 2,200

Simran offers Trade discount at following Rates
Sales upto 2,500 = 10%
Sales beyond 2,500 = 20%
G.S.T. = 12%

The solution of Question 12 Chapter 8 of Class 11 Unimax Publications

SALES Book  
DateInvoice no.Particulars
L. F.DetailsCostOutput  CGSTOutput CGSTAmount
2019        
Jan. 1 Jal Durga House      
  50 Dozen Pencils @ 20 per dozen 1,000    
  20 Dozen Pens @ 5 per pen 1,200    
    2,200    
  Less: Trade Discount @ 10% 220    
    1,980    
  Add: CGST @ 6% 118.8    
  SGST @ 6% 118.8    
    2,217.61,980118.8118.82,217.6
         
Jan. 5 Gupta Stationery Shop      
  10 Dozen Notebooks @ 60 per dozen 600    
  15 gross rubbers @ 10 per dozen 1,800    
    2,400    
  Less : T.D. @ 10% 240    
    2,160    
  Add: CGST @ 6% 129.6    
  SGST @ 6% 129.6    
    2,419.2    
Jan. 24 Sita Ram & Sons      
  10 Reams & Paper @ 80 per Ream 800    
  Less: Trade Discount @ 10% 80    
    720    
  Add: CGST @ 6% 43.2    
  SGST @ 6% 43.2    
    806.472043.243.2806.4
     4,860291.6291.65,443.2

 

End of Solution


Check Out the Solution of all questions for this chapter:

The solutions to all questions of Chapter No. 8 – Other Subsidiary Books Class 11 Unimax are shown as follows, click on the image of the question to get the solution.

Question 5 Chapter 8 – of Class 11 Unimax Publications

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Question 17 Chapter 8 of Class 11 Unimax Publications

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