commercemine.com

11th | Special Purpose Books II- Other Books | Question No. 3 and 4 | Ts Grewal Solution 2022-2023

Question 3:


From the following transactions of Kamal, prepare Purchases Book and post into Ledger:
 

2022

 

April 1

Purchased from Videocon India Ltd., Kolkata;

 

30 Colour T.Vs @ ` 15,000 each, less Trade Discount @ 10% Freight charges ` 2,000.

April 15

Purchased from Sony India Ltd., Guwahati:

 

10 colour T.Vs @ `  20,000 each less Trade Discount @ 10%

April 20

Purchased from Music India Ltd., Delhi:

 

10 music systems @ ` 10,000 each less Trade Discount @ 15%

April 30

Purchased from Videocon India Ltd., Kolkata:

 

5 washing machines @ ` 15,000 each less Trade Discount @ 20%, Freight charges ` 1,000.

Answer:


Date

Particulars

Invoice No.

L.F.

Details

Cost

Freight
Charges

Total

2022
April 01


Videocon India Ltd., Kolkata

 

 

 

 

 

 

 

30 Color T.Vs. @ `15,000 each

 

 

4,50,000

 

 

 

 

  Less: 10% T.D.

 

 

45,000

 

 

 

 

 

 

 

4,05,000

 

 

 

 

  Add:Freight Charges

 

 

2,000

 

 

 

 

 

 

 

4,07,000

4,05,000

2,000

4,07,000

 

 

 

 

 

 

 

 

April 15

Sony India Ltd., Guwahati

 

 

 

 

 

 

 

10 Color T.Vs. @ `20,000 each

 

 

2,00,000

 

 

 

 

  Less: 10% T.D.

 

 

20,000

 

 

 

 

 

 

 

1,80,000

1,80,000

1,80,000

April 20

Music India Ltd., Delhi

 

 

 

 

 

 

 

10 Music Systems @ `10,000 each

 

 

1,00,000

 

 

 

 

  Less: 15% T.D.

 

 

15,000

 

 

 

 

 

 

 

85,000

85,000

 

85,000

April 30

Videocon India Ltd., Kolkata

 

 

 

 

 

 

 

5 Washing Machines @ 15,000 each

 

 

75,000

 

 

 

 

  Less: 20% T.D.

 

 

15,000

 

 

 

 

 

 

 

60,000

 

 

 

 

  Add: Freight Charges

 

 

1,000

 

 

 

 

 

 

 

61,000

60,000

1,000

61,000

April 30

 

 

 

 

7,30,000

3,000

7,33,000

 

 

 

 

 

 

 

 

 

Purchases Account

Dr.

Cr.

Date

Particulars

J.F.

 (`)

Date

Particulars

J.F.

 (`)

2022

 

 

 

 

 By balance c/d

 

7,30,000 

April 30

Sundries of  Purchases as per

 

 

 

 

 

 

 

Purchases Book  for the month of April

 

7,30,000

 

 

 

 

 

 

 

 

 

 

 

 

 

Freight Account

Dr.

Cr.

Date

Particulars

J.F.

 (`)

Date

Particulars

J.F.

 (`)

2022

 

 

 

 

 By balance c/d

 

3,000 

April 01

Videocon India Ltd.

 

2,000

 

 

 

 

April 30

Videocon India Ltd.

 

1,000

 

 

 

 

 

 

 

 

 

 

 

 

 

Videcon India Ltd.

Dr.

Cr.

Date

Particulars

J.F.

 (`)

Date

Particulars

J.F.

 (`)

 

 To balance c/d

 

4,68,000 

2022

 

 

 

 

 

 

 

April 01

Purchases

 

4,05,000

 

 

 

 

 

 

 

 

 

 

 

 

April 01

Freight

 

2,000

 

 

 

 

April 30

Purchases

 

60,000

 

 

 

 

April 30

Freight

 

1,000

 

 

 

 

 

 

 

 

 

Soni India Ltd.

Dr.

Cr.

Date

Particulars

J.F.

 (`)

Date

Particulars

J.F.

 (`)

 

 To balance c/d

 

1,80,000 

2022

 

 

 

 

 

 

 

April 15

Purchases

 

1,80,000

 

 

 

 

 

 

 

 

 

Music India Ltd.

Dr.

 

Cr.

Date

Particulars

J.F.

 (`)

Date

Particulars

J.F.

 (`)

 

 To balance c/d

 

 85,000

2022

 

 

 

 

 

 

 

April 20

Purchases

 

85,000

 

 

 

 

 

 

 

 

 

Question 4:


Prepare Sales Book from the following transactions of Mohan Traders dealing in furniture. Open the Ledger Accounts also:
 

2022

 

April 1

Sold to M/s. Gupta Furniture House, Delhi:

 

100 Chairs @ ` 1,500 per chair

 

40 Tables @ ` 2,000 per table 

 

Less: Trade Discount @ 5%

 

April 10

Sold to M/s. Ajit Singh & Sons, Kolkata:

 

150 Desks @ ` 1,000 per desk

 

160 Chairs @ ` 1,500 per chair

 

Less: Trade Discount @ 5%

 

April 15

Sold to M/s. Ideal Furniture House, Darjeeling:

 

10 Sofa sets @ ` 75,000 each 

 

5 Almirahs` 3,000 each

 

25 Office Tables @ ` 4,000 each

 

Less: Trade Discount @ 10%

 

Answer:


 

 

Date

Particulars

Invoice No.

L.F.

Details
(
`)

(`)

2022

 

 

 

 

 

April 01

M/s Gupta Furniture House,  Delhi

 

 

 

 

 

100 chairs@ ` 1,500 per chair

 

 

1,50,000

 

 

40 Tables @ ` 2,000per table

 

 

80,000

 

 

 

 

 

2,30,000

 

 

Less: 5% Trade Discount

 

 

(11,500)

 

 

 

 

 

2,18,500

 2,18,500

April 10

Sold to M/s. Ajit Singh & Sons, Kolkata

 

 

 

 

 

150 Desks @ `1,000 per desk

 

 

1,50,000

 

 

160 Chairs @ ` 1,500 per chair.

 

 

2,40,000

 

 

 

 

 

3,90,000

 

 

Less: 5% Trade Discount

 

 

(19,500)

 

 

 

 

 

3,70,500

3,70,500 

April 15

M/s. Ideal Furniture House, Darjeeling

 

 

 

 

 

10 Sofa sets @ ` 75,000 each

 

 

7,50,000

 

 

5 Almirahs @ each ` 3,000 each

 

 

15,000

 

 

25 Office Tables @ ` 4,000 each

 

 

1,00,000

 

 

 

 

 

8,65,000

 

 

Less: 10% Trade Discount

 

 

(86,500)

 

 

 

 

 

7,78,500

7,78,500

April 30

 Sales a/c

 

 

 

 

 

 

 

 

 

 

 13,67,500

 

 

 

 

 

 

 

 

 

 

Sales Account

Date

Particulars

J.F.

 (`)

Date

Particulars

J.F.

 (`)

 

 

 

 

2022

 

 

 

 

 

 

 

April 30

Sundries as per the Sales Book

 

13,67,500

 

 

 

 

 

 

 

 

 

 

M/s. Gupta Furniture House, Delhi

Dr.

Cr.

Date

Particulars

J.F.

 (`)

Date

Particulars

J.F.

 (`)

2022

 

 

 

 

 By balance c/d

 

2,18,500 

April 01

Sales

 

2,18,500

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

M/s. Ajit Singh & Sons, Kolkata

Dr.

Cr.

Date

Particulars

J.F.

 (`)

Date

Particulars

J.F.

 (`)

2022

 

 

 

 

 

 

 

April 10

Sales

 

3,70,500

 

  By balance c/d

 

 3,70,500

 

 

 

 

 

 

 

 

 

 

M/s. Ideal Furniture House, Darjeeling

Dr.

Cr.

Date

Particulars

J.F.

 (`)

Date

Particulars

J.F.

 (`)

2022

 

 

 

 

 By balance c/d

 

7,78,500

April 15

Sales

 

7,78,500

 

 

 

 

 

 

 

 

 

 

 

 

 

Click below for more Questions

Ts Grewal Solution 2022-2023

Class 11th

Click on below links for

12th TS Grewal’s Accountancy Solutions

Ts Grewal Solution 2022-2023

Ts Grewal Solution 2021-2022

Ts Grewal Solution 2020-2021