Purchases Book (Without GST) 1, Enter the following transactions in the Purchases Book of Bharat Purity, House, Delhi: e 2020 Feb. 3 Feb. 9 Feb. 15 Feb. 21 Feb. 25 Bought goods from Royal Furnitures, Delhi on Credit vide Invoice No. 453 20 Chairs @ % 200 each 2 Dinning Tables @ % 2,500 each Less: 10% Trade Discount Purchased from Laxmi Furnitures, Rohtak 5 Sofa set @ % 5,000 each 5 Centre Tables @ ¥ 1,000 each Less: 15% Trade Discount. Bought goods from Reliant Furnitures, Jaipur for cash 20 Chairs @ € 250 each 10 Tables @ % 1,000 each Less: Trade Discount 20% Purchased delivery van for % 1,50,000 from Mahindra & Mahindra on 2 month credit. Bought goods from Daisy Furniture House, Rohtak 3 Sofa sets @ % 5,000 each 10 Almirahs @ % 2,000 each. [Ans. Total of Purchases Book ® 68,600] 2. (Based on GST) Prepare Purchases Book of Super Garments, Faridabad, from the following transactions: 2020 May 3 May 11 May 17 Bought ftom Fancy Stores, Patel Nagar, Delhi 100 Shirts @ ¥ 150 each 50 Trousers @ % 400 each Less: 15% Trade Discount, GST @ 5% Purchased from Ajanta Garments, Delhi 40 Gowns @ % 500 each 100 Shirts silk @ % 250 each Less; 5% Trade Discount Plus GST @ 5% Bought 50 shirts @ & 200 each from Vishal Mega Marts, Delhi for cash plus GST @5% Scanned with CamScanner7 ~~ May 23 Bought from New Light Garments, Jaipur 50 Trousers @ ¥ 500 each 100 T-Shirts @ & 200 each Less: 10% Trade Discount Plus GST 5% & Freight charges % 400 (Hint, Purchases of May 17 will come in Cash Book] 5 [Ans, Cost 8 1,13,000; IGST 8 5,651; Freights 400 and total of columns @ 1,19,051] 4 Based on GST) Record the following transactions in the purchases book ae Laxmi Furnitures, Delhi who is dealing in goods with 18% GST 2020 Apr. 1 Bought furniture from M/s Home Decor Furnitures, Delhi, Invoice No. 121 4 Sofa Sets @ & 50,000 each 4 Centre Tables @ F 10,000 each Apt.5 Bought from M/s Godrej Furnitures, Bombay, Invoice No. 371 5 Dinning Table with Chairs @ & 40,000 each 5 Computer Tables @ € 10,000 each Apr. 10 Purchased from Goel Furnitures, Rohtak, Invoice No. 245 10 Chairs @ & 5,000 each 2 Sofa Sets @ & 40,000 each Apt. 17 Bought goods from Verma & Co., Delhi, Invoice No. 578 4 Dinning Table with Chairs @ & 35,000 each 4 Sofa Sets @ & 40,000 each Less: 10% Trade Discount. ‘Apr.21 Bought goods from Royal Furniture, Delhi 3 Sofa Sets @ € 40,000 each Less: 10% Trade Discount and 2% Cash Discount. Payment was made by cheque. [Htint, Transactions of Apr. 21 wil come in Cash Book] [Ans. Purchases © 8,90,000; CGST® 24,300; SGST % 24,300 ‘and IGST % 68,400 = Total 10,50,200] _ B Sales Book 4, Based on GST) Record the following transactions in the Sales Book of Royal Furniture: 2020 Apr.4 Sold to Fancy Fi 50 Chairs @ % 250 each 10 Tables @ & 1,000 each Less: 10% Trade Discount ‘urniture House, Delhi Scanned with CamScannerApr. 11 Apr. 17 Apr. 20 5. (Based on GST) Record the following #1 Ganesh Furnitures, Delhi bought goods from us: 5 Sofa sets @ % 4,000 each 30 Chairs @ & 300 each 10 Tables @ ¥ 500 each Less: Trade Discount 20% Sold old furniture to Arya Fi Sold to Rama Furniture House, 30 Chairs @ € 300 each 3 Sofa sets @ % 5,000 each Less: Trade Discount 15% urnitures for % 2,500 for cash, Rohtak [Ans. Total of Sales Book® 67,859) ransactions in the Sales Book of Goel Electronics, Delhi: 2020 Jan. 4 Jan. 15 Jan. 20 Jan. 28 Sold to Kataria Electronics, Rohtak 50 Tubelights @ € 200 each 50 Ceiling Fans @ % 600 each Less: 15% Trade Discount plus GST @ 12% and freight & 400 Bajaj Light House, Rohtak bought goods from us: 50 Table Fans @ € 400 each 20 Mixi grinder @ & 1,000 each 20 Electric Rods @ ¥ 200 each Less: 10% Trade Discount plus GST @ 12% and freight charges 500. Sold old furniture to Bharat Furniture for & 3,000 on credit, GST @ 18% Sold to Laxmi Electricals, Jaipur 50 Iron Press @ & 250 each 100 Bulbs @ € 10 each 100 Tubelights @ % 50 each Less: 6% Trade Discount plus GST @ 12% and Freight € 211 [Hint. Jan. 20 will come in journal proper] [Ans. Cost & 90,990 IGST 10,919 freight & 1,111 and Total of Columns & 1,03,020] 6. (Based on GST) Record the following transactions in the Sales Book of M/s Rajdhani Computers, Delhi. GST is charged on its products at 18%. 2020 Apr.1 Sold Computers to M/s Rama Computers, Ambala 2 Laptops H.P. @ 30,000 each 2 Printers H.P. @ 10,000 each Scanned with CamScannerrt ct ee te ee call Sold goods to Delhi Computers, Delhi 3 Desktop Dell ©8 25,000 each, i 3 Laptops Dell @& 40,000 each Less: Trade Discount 10%, M/s Mona Computers, Rohtak bought from : 2 Laptops H.P. @ & 30,000 each 7 2 Laptops Dell @ % 25,000 each Apr. 15 Sold computers to Anu ‘Trad ing Co. 4 Laptops @ ¥ 30,000 each Less: 10% Trade Discount and 2% Cash Discount. It gave payment by cheque which was banked. Apt. 21 Sold goods to Balaji Computers, Delhi 2 Laptops Dell @ 40,000 each 2 Desktops H.P. @ ¥ 25,000 each Packing Charges ® 1,000 [Hint, Apr. 15, Cash Sale will not come] h | y, [Ans. Sales % 4,95,500; CGST & 27,495; SGST f 27,495; IGST & 34,200; Packing Charges & 1,000; Total & 5,85,690] ( fl Purchases Return Book 7 7. (Without GST) Enter the following transactions in the Purchases Return. Book: 2020 March 7 Returned goods to Mohan Book Centre for & 4,000 less 10% Trade Discount vide Debit Note No. 98 ‘a Book Stall vide Debit Note No. 99 March 12. Returned goods to Pahuj 10 Accounts $.P. Saxena @ % 200 each 15 Management—Gupta & Jain @ € 150 each Lass: 10% Trade Discount March 18 Sent back goods to V.R. Publications vide Debit Note no. 100. 10 Maths—Gupta @ & 150 each [Ans. Total € 8,925] rd the following transactions ‘Based on GST) Reco! Delhi: 8. Purchases Return Book ( Book of M/s Gopal & Sons, in the Purchases Return 2020 Apr.1 Returned goods to Balaji Traders, Delhi for % 8,000; GST - 12% (vide Debit Note No. 221) fe ee o i Gopi Stores, Delhi on account of mistake ttm of hen jo. 463 for & 2,000 (Debit Note No. 222), in total of Invoice Ne GST 12%. Scanned with CamScannerds to Mamta Agencies, Kanpur for 8 19 og) ~ as . d Apr.17_ Returned goo Trade Discount was 10% ang cee goods were defective. @ 12%, [Ans, Purchases Return & 19,000; CGST 8 600; SGT g gop, anid IGST 81,080; Total® 24259 @ Sales Return Book 9. (Without GST) Prepare Sales Return Book of Rama Electronics, Delhj from the following transactions: 2020 June 7 Goods Returned by Mona & Co., Delhi 10 Fans @ & 500 each less 10% Trade Discount June 15 Allowance allowed to Maya Sales, Delhi on account of mistake in Sales Bill No. 4315 for % 500. June 21 Rama Electronics, Meerut returned goods & 4,000 less 19%, (Ans. Total 8,609} being defective. 10. Sales Return Book (with GST) Record the following transactions in the Sales Return Book of M/s Deepa Store, Delhi: 2020 Apr.4° Goods returned by Goel & Sons, Delhi for € 5,000 vide Credit Note No. 291. GST @ 12%. Apr.10 Allowance allowed to Rama Brothers, Delhi € 1,000 due to defect in Sales Invoice. (Credit Note No. 292), GST @ 12%. Apr.17 Balaji Store, Kanpur returned us goods for ® 8,000 being defective, GST @ 12%. [Ans. Sales Return % 14,000; CGST & 360; SGST % 360; and IGST & 960; Total & 15,680] @ Return Books 11. (Without GST) Prepare return books from the following transactions: 2020 May 4 Goel Shoes, Delhi returned: 10 Pair of Shoes @ & 400 each pair Less: 10% Trade Discount May 9 — Returned to Khalsa Sales Point, Delhi 50 Pair of Chapples @ & 100 each pair Less: 5% Trade Discount May 15 Kataria Shoes Co., Delhi returned 15 Pair of Sandles @ % 300 each pair May 25 Returned to Bata Shoes Co., Rohtak 20 pair of ladies chapples @ ¥ 200 each Less: 10% Trade Discount, [Ans. Sales Return Book & 8,100 Purchases Return Book € 8,350] Scanned with CamScannerE yor Proper a ny Record the following transactions in the journal proper of Aman: 2020 Jan. 5 Purchased furniture from Gopal for & 8,000 Jan. 8 Goods worth & 2,000 taken by the proprietor for domestic use. Jan. 10 Goods stolen by employee & 500 Jan. 13 Old furniture sold to Aakash for % 1,000 on credit. Jan. 17 A customer, Amar who owed us % 2,000 became insolvent and nothing is recovered from him. Jan. 25 Salary due but not paid & 1,500, Jan. 28 Goods worth % 500 were given away as charity. gx (b) Following balances appeared in the books of Rakesh, Pass necessary journal entries: 2020 Jan.1 Assets: Cash @ 4,000, Debtors % 20,000; (A % 8,000; BZ 7, 000 & Jan. 6 Jan. 10 Jan. 15 Jan. 18 Jan. 22 Jan. 25 Jan, 28 C 5,000); Stock % 25,000; Furniture & 21,000. Liabilities: Creditors % 22,000; (X % 9,000; Y % 7,500; Z@ 5 500); Capital % 48,000. Plant bought from Mohan & 40,000. A Cheque received from debtor, Ashok for % 4,000 is endorsed to creditor, Ram in full.settlement of his account ¥ 4,200. Goods lost by fire & 3,000. Old furniture is sold to Sumit for & 1,500. Goods distributed as free samples % 1,000. Rent due but not paid % 1,800. Depreciate furniture % 500. Scanned with CamScanner