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Question 23 Chapter 8 of Class 11 Unimax Publications
23. Record the following transactions in Purchases Book, Sales Book and Returns Book of Mr. Manik.
| 2019 | |
| Nov. 3 | Purchased goods from P & Co. less 15% trade discount, 3,000 |
| Nov. 6 | Sold goods to O & Co. less 10% trade discount 1,500 |
| Nov. 7 | Q & Co. returned goods (net) 150 |
| Nov. 8 | Returned goods to P & Co. (Gross) 600 |
| Nov. 10 | Advised R & Co., to dispatch goods worth 3,000 gross to S & Co., under their advice. |
| Nov. 12 | Purchased goods from P & Co., less 15% trade discount 2,000 |
| Nov. 13 | R & Co. advised the dispatch of goods to S & Co. and sent their invoice for 3,000 off 15% trade discount |
| Nov. 17 | S & Co. returned goods invoiced to them at s. 300 which were promptly returned to R & Co. with deit note. |
| Nov. 25 | Purchased goods worth 4,500 from M & Co. and sent them to N & Co. with invoice for 5,400. |
The solution of Question 23 Chapter 8 of Class 11 Unimax Publications
| PURCHASES BOOK OF MANIK FOR NOVEMBER | |||||
Date | Invoice no. | Particulars | L. F. | Details | Amount |
| 2019 | |||||
| Nov. 3 | P’s Co. | ||||
| Goods | 3,000 | ||||
| Less: 15% trade discount | 450 | 2,550 | |||
| Nov. 12 | P’s Co. | ||||
| Goods | 2,000 | ||||
| Less: 15% trade discount | 300 | 1,700 | |||
| Nov. 13 | R’s Co. | ||||
| Goods | 3,000 | ||||
| Less: 15% trade discount | 450 | 2,550 | |||
| Nov. 25 | M’s Co. | ||||
| Goods | 4,500 | ||||
| Total as per purchases books | 11,300 | ||||
| SALES BOOK OF MANIK FOR NOVEMBER | |||||
Date | Outward Invoice no. Advertisement | Particulars | L. F. | Details | Amount |
| 2019 | |||||
| Nov. 6 | Q’s Co. | ||||
| Goods | 1,500 | ||||
| Less: 10% trade discount | 150 | 1,350 | |||
| Nov. 13 | S’s Co. | ||||
| Goods | 3,000 | 3,000 | |||
| Nov. 25 | N’s Co. | ||||
| Goods | 5,400 | 5,400 | |||
| Total as per sales books | 9,750 | ||||
| Purchase Return BOOK OF MANIK FOR NOV. 2019 | |||||
Date | D / Note | Particulars | L. F. | Details | Amount |
| 2019 | |||||
| Nov. 8 | P’s Co. | ||||
| Goods | 600 | ||||
| Less: 15% trade discount | 90 | 510 | |||
| Nov. 17 | R’s Co. | ||||
| Goods | 300 | ||||
| Less: 15% trade discount | 45 | 255 | |||
| Total as per purchases Return books | 765 | ||||
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| Sales Return BOOK OF MANIK FOR NOV. 2019 | |||||
Date | C / Note | Particulars | L. F. | Details | Amount |
| 2019 | |||||
| Nov. 8 | Q’s Co. | ||||
| Goods | 150 | ||||
| Nov. 17 | S’s Co. | ||||
| Goods | 300 | ||||
| Total as per SalesReturn books | 450 | ||||
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 4 Chapter 8 – of Class 11 Unimax Publications
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Question 16 Chapter 8 of Class 11 Unimax Publications
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1. Comprehensive Solutions for All Chapters of Advanced Accountancy I Class 11 by Unimax
UnimaxSolutions.in offers a comprehensive solution for students studying Advanced Accountancy I Part 1 in Class 11. With their meticulously curated study material, students can access comprehensive solutions to all the questions included within each chapter. By selecting the chapter name from the study material, students can easily navigate through the topics and find detailed explanations and step-by-step solutions to the problems presented in that section. Whether it’s understanding complex accounting concepts, mastering calculation techniques, or analyzing financial statements, Unimax provides a valuable resource to aid students in their learning journey. With these comprehensive solutions at their disposal, students can enhance their understanding, clarify doubts, and improve their problem-solving skills in Advanced Accountancy, ensuring they are well-prepared for their Class 11 examinations.
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- 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
- Chapter No. 15 – Financial Statements (Without Adjustments)
- Chapter No. 16 – Financial Statements (With Adjustments)
- Chapter No. 17 – Accounts from Incomplete Records – Single Entry System
2. Punjab School Education Board (PSEB) Solutions of Usha Publication.
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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