Double Entry Book Keeping Ts Grewal 2019 for Class 11 Commerce Accountancy Chapter 8 - Special Purpose Books II Other Books

Double Entry Book Keeping

Ts Grewal 2021 | Accountancy

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

2021
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.

Purchases Account
Dr.				Cr.
Date	Particulars	J.F.	Amount (`)	Date	Particulars	J.F.	Amount (`)
2021					By balance c/d		7,30,000
April 30	Sundries of Purchases as per
	Purchases Book for the month of April		7,30,000

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

2021
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 Round Tables @ ` 4,000 each
	Less: Trade Discount @ 10%


Date	Particulars			Invoice No.	L.F.	Details (`)	Amount (`)
2021
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 Round 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	Cr.					13,67,500


Sales Account
Date		Particulars	J.F.	Amount (`)	Date		Particulars	J.F.	Amount (`)
					2021
April 30		To balance c/d		13,67,500	April 30		Sundries as per the Sales Book		13,67,500
				13,67,500					13,67,500
					May 1		By balance b/d		13,67,500

M/s. Gupta Furniture House, Delhi
Dr.					Cr.
Date	Particulars	J.F.	Amount (`)	Date	Particulars	J.F.	Amount (`)
2021
April 01	Sales		2,18,500	April 30	By balance c/d		2,18,500
			2,18,500				2,18,500
May 1	To balance b/d		2,18,500

M/s. Ideal Furniture House, Darjeeling
Dr.					Cr.
Date	Particulars	J.F.	Amount (`)	Date		Particulars	J.F.	Amount (`)
2021
April 15	Sales		7,78,500	April 30		By balance c/d		7,78,500
			7,78,500					7,78,500
May 1	To balance b/d		7,78,500