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Question 2 Chapter 8 – of Class 11 Unimax Publications

Question 2 Chapter 8 – of Class 11 Unimax Publications

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Question 2 Chapter 8 – of Class 11 Unimax Publications

2. Record the following transactions in the purchases book of S. Ganapaty of Ludhiana, a dealer in furniture: (with GST)

2020 
Mar.1Purchases from Punjabi furniture, Delhi 
 10 chairs @ ₹ 300 each 
 1 table @ ₹ 800 each  
 Packing and delivery charges ₹ 215 
 Less: trade discount @ 10%
Mar.7Bought of Naidu furniture, Hyderabad 
 1 stool @ ₹ 250 
 5 collapsible chairs @ ₹ 40 each  
 Delivery and cartage ₹ 15
Mar.21 Purchases from Bengali furniture, Kolkata
 5 chairs @ ₹ 300 each
 30 steel cabinets @ ₹ 75 each 
 Packing and delivery charges ₹ 25 
 Less: trade discount @ 10% 
Mar.25 Purchases from M. Swaminathan & Sons, Chani on credit 
 1 typewriter @ ₹ 1,500 for office use. (charges GST @ 12 % in each case)

The solution of Question 2 Chapter 8 – of Class 11 Unimax Publications

Purchase Book
DateInvoice no.ParticularsL. F.DetailsCost
Input IGSTFreight chargesAmount
2020        
Mar.1 Punjabi furniture, Delhi      
  10 chairs @ ₹ 300 each 3,000    
  1 table @ ₹ 800 each 800    
    3,800    
  Less: trade discount @ 10% 380    
    3,420    
  Add; IGST 12% 410    
    3,800    
  Add: packing & delivery charges 215    
    404534204102154045
         
Mar.7 Naidu furniture, Hyderabad      
  1 stool @ ₹ 250 250    
  5 Collapsible chairs @ ₹ 40 each 200    
    450    
  Add: GST 12 % 54    
    504    
  Add; delivery charges 15    
    5194505415519
         
Mar.21 Bengali furniture, Kolkata      
  5 chairs @ ₹ 300 each 1,500    
  30 steel cabinets @ ₹ 75 each 2,250    
    3,750    
  Less: trade discount 12% 375    
    3,375    
  Add: GST 12 % 405    
    3,780    
  Add: packing & Delivery Charges 25    
    3,8053,375405253,805
     7,2458692558,369

 

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 6 Chapter 8 – of Class 11 Unimax Publications

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Question 18 Chapter 8 of Class 11 Unimax Publications

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If you’re a student enrolled in the Punjab School Education Board Class 11, it’s essential to explore a wide range of books to cover the syllabus thoroughly. While the prescribed textbooks are undoubtedly valuable, supplementing your studies with additional resources can enhance your understanding and knowledge. Consider checking out other books that align with the curriculum, offering different perspectives and insights on the subjects you’re studying. These supplementary materials can provide you with alternative explanations, practice questions, and examples that may aid in clarifying complex concepts. Moreover, exploring diverse sources can expose you to a variety of writing styles and viewpoints, fostering a broader understanding of the subjects. So, seize the opportunity to expand your learning by delving into other books that can complement your studies and contribute to your academic growth.

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