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Question 5 Chapter 8 – of Class 11 Unimax Publications

Question 5 Chapter 8 – of Class 11 Unimax Publications

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Question 5 Chapter 8 – of Class 11 Unimax Publications

5. (with GST). From the following information on M/s. Divyam & Co., Delhi, prepare the purchases book for the month of February 2020:

Jan.1Purchases 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.2Purchases for cash from the stationery mart
 10 dozen exercise books @ ₹ 300 per dozen
Jan.3Purchases computer printer for office use from M/s office goods Co. on credit for ₹ 20,000
Feb.4Purchases 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.5Purchases 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 5 Chapter 8 – of Class 11 Unimax Publications: –

Purchase Book 
DateInvoice no.Particulars
L. F.DETAILCOSTInput CGST Input SGSTInput IGSTAmount
2020         
Feb.1301Ms. 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     
    6,6156300  3156,615
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     
    9,4509,000225225 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     
    4204001010 420
     15,70023523531516,485

 

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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