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Question 3 Chapter 8 – of Class 11 Unimax Publications
3. Enter the following transactions in the purchases book of M/s Naveen Brothers, Mumbai and pass the journal entry:
| Apr.1 | Purchases goods from Verme bros., Mumbai on credit vide invoice No.210 |
| 10 Philips Tubelights @ 200 each, plus CGST and SGST @ 6 % each | |
| 50 Crompton bulbs @ ₹ 100 each, plus CGST and SGST @ 6 % each | |
| Less: trade discount @ 10% | |
| Apr.10 | Purchases goods from Reena electric store, Delhi vide invoice No.210 |
| 25 heater @ ₹ 800 each, 10% trade discount, plus IGST @ 12 % | |
| 15 Crompton fans @ ₹ 1,600 each, 10% trade discount, plus IGST @ 12 % | |
| Apr.16 | Purchases goods from Rajan electric store, Delhi vide invoice No.215 |
| 5 dozen Philip bulbs @ ₹ 100 each, plus IGST @ 12 % | |
| 25 power plugs @ ₹ 80 each, plus IGST @ 12 % | |
| Trade discount @ 10% and freight charges are ₹ 75. |
The solution of Question 3 Chapter 8 – of Class 11 Unimax Publications
| Sales Book | ||||||||||
| Date | Invoice no. | Particulars | L. F. | DETAIL | COST | INPUT CGST | Input SGST | Input IGST | Frights Charges | Amount |
| 2020 | ||||||||||
| Mar.1 | 210 | Verma bros., Mumbai | ||||||||
| 10 Phillips Tubelights@₹200 each | 2,000 | |||||||||
| 50 Crompton bulbs @ ₹ 100 each | 5,000 | |||||||||
| 7,000 | ||||||||||
| Less: trade discount @ 10% | 700 | |||||||||
| 6,300 | ||||||||||
| Add; CGST 6% | 378 | |||||||||
| Add; SGST 6% | 378 | |||||||||
| 7,056 | 6,300 | 378 | 378 | 0 | 0 | 7,056 | ||||
| Apr.10 | 18 | Reena electric store, Delhi | ||||||||
| 25 heater @ ₹ 800 each | 20,000 | |||||||||
| 15 Crompton fans @ ₹ 1,600 | 24,000 | |||||||||
| 44,000 | ||||||||||
| Less: trade discount @ 10 % | 4,400 | |||||||||
| 39,600 | ||||||||||
| Add: IGST @ 12% | 4,752 | |||||||||
| 44,352 | 39,600 | 0 | 0 | 4,752 | 0 | 44,352 | ||||
| Apr.16 | 125 | Rajan electric store, Delhi | ||||||||
| 5 dozen Philips bulbs @ ₹ 100 each | 6,000 | |||||||||
| 25 power pugs @ ₹ 80 each | 2,000 | |||||||||
| 8,000 | ||||||||||
| Less: trade discount @ 10% | 800 | |||||||||
| 7,200 | ||||||||||
| Add: GST 12 % | 864 | |||||||||
| 8,064 | ||||||||||
| Add: freight | 75 | |||||||||
| 8,139 | 7,200 | 0 | 0 | 864 | 75 | 8,139 | ||||
| 53,100 | 378 | 378 | 5,616 | 75 | 59,547 | |||||
Journal
| Date | Particulars | L.F. | Debit | Credit | |
| 2020 | |||||
| Apr.30 | Purchases A/c | Dr. | 53,100 | ||
| Input CGST A/c | Dr. | 378 | |||
| Input SGST A/c | Dr. | 378 | |||
| Input IGST A/c | Dr. | 5,616 | |||
| Freight inward A/c | Dr. | 75 | |||
| To Joshi Bros., Mumbai A/c | 7,056 | ||||
| To Rajesh electric store, Delhi A/c | 44,352 | ||||
| To Supreme electric store, Delhi A/c | 8,139 | ||||
| (being the purchases for the month of April) | |||||
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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