Prepare purchase book of Pawan electric store:
a) Purchased goods from surya electric store on credit
200 tube lights @ Rs.50 each
50 table fans @ Rs.400 each
20 heaters @Rs.100 each
Trade discount 15%
b) Bought goods from new light traders
20 table fans @Rs500 each
40 celling fans @ Rs600 each
10 electric irons @ Rs200 each
Trade discount 20%
c) Bought from sunny lamps for cash
5 electric irons @ Rs.175 each
d) Bought from fashion furniture
12 tables @Rs.200 each
2 tables @ Rs.1000 each
e) Purchased from Kumar for cash
200 tube lights @ Rs. 100 each
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Hello, entries for (c) and (e) will not be done in purchase book as the purchase is in cash.
Thank you
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Answer:
(c) and (e) will not be done in purchase book as the purchase is in cash.
Explanation:
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