Q.10 Prepare purchase book of m/s paras
Answers
Answer:
June 5 Bought from Mohan Lal & Co., Kanpur (U.P) :-
20 Godrej Chairs @ ₹ 2,000 each
5 Godrej Tables @ ₹ 6,000 each
Trade Discount 20%
10 Purchased from Bharat Bhushan & Sons, Varanasi (U.P) :-
5 Almirahs @ ₹ 12,000 each
2 Revolving Chairs @ ₹ 20,000 each
Trade Discount 10%
14 Purchased from Surya Traders, Lucknow (U.P)
80 Desks @ ₹ 2,500 each
10 Sofa Sets @ ₹ 20,000 each
Trade Discount @ 15%
20 Purchased for cash from Gopi Chand Haldi Ram, Delhi :-
4 Tables @ ₹ 5,000 each
25 Bought Furniture for office use from New Furniture House, Faridabad on Credit :
5 Chairs @ ₹ 2,500 per Chair.
2 Tables @ ₹ 5,000 per Table.
ANSWER:
Purchases Book
Date
Particulars
Invoice No.
L.F.
Details
Cost
Input
CGST
Input SGST
Total
June 05
Mohan Lal & Company, Kanpur
20 Godrej Chairs @ ₹ 2,000 each
40,000
5 Godrej Tables @ ₹ 6,000 each
30,000
70,000
Less: 20% T.D.
14,000
56,000
Add: CGST @ 6%
3,360
Add: SGST @ 6%
3,360
62,720
56,000
3,360
3,360
62,720
June 10
Bharat Bhushan & Sons, Varanasi
5 Almirahs @ ₹ 12,000 each
60,000
2 Revolving Chairs @ ₹ 20,000 each
40,000
1,00,000
Less: 10% T.D.
10,000
90,000
Add: CGST @ 6%
5,400
Add: SGST @ 6%
5,400
1,00,800
90,000
5,400
5,400
1,00,800
June 14
Surya Traders, Lucknow
80 Desks @ ₹ 2,500 each
2,00,000
10 Sofa Sets @ ₹ 20,000 each
2,00,000
4,00,000
Less: 15% T.D.
60,000
3,40,000
Add: CGST @ 6%
20,400
Add: SGST @ 6%
20,400
3,80,800
3,40,000
20,400
20,400
3,80,800
4,86,000
29,160
29,160
5,44,320