Accountancy Dk Goel 2018 for Class 11 Commerce Accountancy Chapter 6 - Books Of Original Entry Special Purpose Subsidiary Books

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Page No 12.29:

Question 1:

Prepare a Purchase Book in the books of M/s Modern Furniture House, Lucknow (U.P) from the following transactions assuming CGST @ 6% and SGST @ 6% :-

2017
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

Page No 12.30:

Question 2:

M/s Ram Narain & Sons of Kerala, who are dealers in readymade garments, purchased the following :-

2017
May 2	Purchased from Fashion House, Mumbai (Maharashtra) :-
	100 Shirts @ ₹1,800 per Shirt
	75 T-shirts @ ₹ 1,600 per piece
	Less: Trade Discount 20%; and freight charges payable ₹ 10,000.
10	Purchased from Appolo Garments, Kerala :-
	65 Shirts @ ₹ 2,000 per piece
	80 T-shirts @ ₹ 1,500 per piece
	Less: 20% Trade Discount and freight charges payable ₹ 2,000.
May 15	Purchased from Garden Furniture House, Kolkata :-
	12 Chairs @ ₹ 5,000 per Chair
25	Purchased from Amitabh Shirts, New Delhi for cash :-
	120 Shirts @ ₹ 1,500 per Shirt

Prepare Purchase Book assuming CGST @ 9% and SGST @ 9%.

Answer:

Purchases Book of M/s Ram Narain & Sons, Kerala
Date	Particulars	Invoice No.	L.F.	Details (₹)	Purchase (₹)	Input CGST (₹)	Input SGST (₹)	Input IGST (₹)	Total Amount (₹)
2017
May 02	Fashion House, Mumbai (Maharashtra)
	100 Shirts @ Rs 1,800 per Shirt			1,80,000
	75 T-Shirts @ Rs 1,600 per piece			1,20,000
				3,00,000
	Less: 20% Trade Discount			60,000
				2,40,000
	Add: 18% IGST			43,200
				2,83,200	2,40,000	–	–	43,200	2,83,200
May 10	Appolo Garments, Kerala
	65 Shirts @ Rs 2,000 per piece			1,30,000
	80 T-Shirts @ Rs 1,500 per piece			1,20,000
				2,50,000
	Less: 20% Trade Discount			50,000
				2,00,000
	Add: 9% CGST			18,000
	9% SGST			18,000
				2,36,000	2,00,000	18,000	18,000	–	2,36,000
					4,40,000	18,000	18,000	43,200	5,19,200

Working Notes

(1) In Purchases Book, we record only the credit purchase of goods, so transaction dated May 15 (being purchase of Furniture on credit) and May 25 (being purchase of goods for cash) will not be recorded.

(2) A separate entry will be passed in Journal Proper for Freight Charges payable on May 02, 2017 and May 10, 2017. Assuming GST rate is 18%, follwing are the entries:

Journal Proper
Date	Particulars		L.F.	Debit Amount (₹)	Credit Amount (₹)
2017
May 02	Freight Inwards A/c	Dr.		10,000
	Input IGST A/c	Dr.		1,800
	To Fashion House				11,800
	(Freight charges on inter-state purchase of goods @ 18% GST)

May 10	Freight Inwards A/c	Dr.		2,000
	Input CGST A/c	Dr.		180
	Input SGST A/c	Dr.		180
	To Appolo Garments				2,360
	(Freight charges on intra-state purchase of goods @ 9% GST)

Page No 12.30:

Question 3:

Record the following transactions in the Sales Book of Ganesh & Co. of Jaipur (Rajasthan), who deal in Furniture. Assume CGST @ 6% and SGST @ 6% :-

2017
June 4	Sold to Gupta Furniture House, New Delhi :-
	120 Chairs @ ₹ 2,500 per Chair
	25 Table @ ₹ 8,000 per Table
	Less: 5%
8	Sold to Raja Furniture House, Ahmedabad (Gujarat) :-
	8 Almirahs @ ₹ 15,000 each
	9 Steel Cabinets @ ₹ 20,000 each
	Less: Trade discount of 10%
12	Sold old Computer for ₹ 1,500 to Mohan & Co. on Credit.
20	Sold 4 Sofa sets @ ₹ 25,000 each to Varun & Co. for cash
25	Sold to New Furniture House, Jaipur:-
	5 Sofa sets @ ₹ 20,000 each
	10 Tables @ ₹ 8,000 each
28	Purchased from Ram Lal & Co. Jaipur on credit :-
	50 chairs @ ₹ 2,000 each

Answer:

Sales Book of Ganesh & Co. of Jaipur, (Rajasthan)
Date	Particulars	Invoice No.	L.F.	Details (₹)	Sale (₹)	Output CGST (₹)	Output SGST (₹)	Output IGST (₹)	Total Amount (₹)
2017
June 04	Gupta Furniture House, New Delhi
	120 Chairs @ Rs 2,500 per Chair			3,00,000
	25 Tables @ Rs 8,000 per Table			2,00,000
				5,00,000
	Less: 5% Trade Discount			25,000
				4,75,000
	Add: 12% IGST			57,000
				5,32,000	4,75,000	–	–	57,000	5,32,000
June 08	Raja Furniture House, Ahemadabad (Gujarat)
	8 Almirahs @ Rs 15,000 each			1,20,000
	9 Steel Cabinets @ Rs20,000 each			1,80,000
				3,00,000
	Less: 10% Trade Discount			30,000
				2,70,000
	Add: 12% IGST			32,400
				3,02,400	2,70,000	–	–	32,400	3,02,400
June 25	New Furniture House, Jaipur
	5 Sofa Sets @ Rs 20,000 each			1,00,000
	10 Tables @ Rs 8,000 each			80,000
				1,80,000
	Add: 6% CGST			10,800
	6% SGST			10,800
				2,01,600	1,80,000	10,800	10,800	–	2,01,600
June 30					9,25,000	10,800	10,800	89,400	10,36,000

Note: In Sales Book, we record only the credit sale of goods, so transaction dated June 12 (being Computer sold on credit) and June 20 (being Sofa Sets sold for cash) will not be recorded.

Page No 12.31:

Question 4:

Record the following transactions in the Sales Book of M/s Ajanta Electronics, Ranchi (Jharkhand) assuming CGST @ 9% and SGST @ 9%:

2018
March 1	Sold to Vandna Electronics, Kolkata (West Bengal) Vide Invoice No. 1255 :
	50 Musical Alarm Clocks @ ₹ 800 each
	40 Wall Clocks @ ₹ 500 each
	Trade Discount 20%
10	Sold to Mohan Watch Company, Patna (Bihar) Vide Invoice No. 1256 :
	25 Deluxe Wall Clocks @ ₹ 800 each
	Trade Discount 10%
15	Sold to Superior Watch Company, Ranchi Vide Invoice No. 1257 :
	75 Deluxe Wall Clocks @ ₹ 800 each
	40 Super Deluxe Wall Clocks @ ₹ 1,000 each
	Trade Discount 15%
20	Sold to Modern Electronics, Ranchi Vide Cash Memo No. 5234 :
	100% Musical Alarm Clocks @ ₹ 800 each
	Trade Discount 20%

Answer:

Sales Book of M/s Ajanta Electronics, Ranchi (Jharkhand)
Date	Particulars	Invoice No.	LF	Details (₹)	Sale (₹)	Output CGST (₹)	Output SGST (₹)	Output IGST (₹)	Total
2018
Mar. 01	Vandna Electronics, Kolkata	1255
	50 Musical Alarm Clocks @ Rs 800 each			40,000
	40 Wall Clocks @ Rs 500 each			20,000
				60,000
	Less: 20% Trade Discount			12,000
				48,000
	Add: 18% IGST			8,640
				56,640	48,000	-	-	8,640	56,640

Mar. 10	Mohan Watch Company, Patna (Bihar)	1256
	25 Deluxe Wall Clocks @ Rs 800 each			20,000
	Less: 10% Trade Discount			2,000
				18,000
	Add: 18% IGST			3,240
				21,240	18,000	-	-	3,240	21,240

Mar. 15	Superior Watch Company, Ranchi	1257
	75 Deluxe Wall Clocks @ Rs 800 each			60,000
	40 Super Deluxe Wall Clocks @ Rs 1,000 each			40,000
				1,00,000
	Less: 20% Trade Discount			15,000
				85,000
	Add: 9% CGST			7,650
	9% SGST			7,650
				1,00,300	85,000	7,650	7,650	-	1,00,300
					1,51,000	7,650	7,650	11,880	1,78,180

Note: In Sales Book, we record only the credit sale of goods, so transaction dated March 20 (being sale of electronics for cash) will not be recorded.

Page No 12.31:

Question 5:

Write up Return Outward Book of Malthotra & Co., Bhiwani (Haryana) from the following transactions assuming CGST @ 6% and SGST @ 6% : -

2017
August 4	Returned to Saraswati House, Bhiwani 25 Chairs @ ₹ 1,800 per Chair, being not of specified quality.
	Trade Discount 10%
12	Sent back one Dining Table to Navneet Enterprise, Karnal (Haryana) for not being polished @ ₹ 10,000 and 20 Chairs @ ₹ 2,000 each.
20	Returned to Yadav & Co., Patiala (Punjab), being not according to sample :-
	20 Chairs @ ₹ 1,500 each.
	2 Dressing Tables @ ₹ 7,500 each.
28	Allowance claimed from Navneet Enterprise, Ludhiana (Punjab) on account of mistake in the invoice ₹ 5,000.

Answer:

Purchases Return Book of Malhotra & Co., Bhiwani (Haryana)
Date	Particulars	Debit Note No.	L.F.	Details (₹)	Purchase Return (₹)	Input CGST (₹)	Input SGST (₹)	Input IGST (₹)	Total Amount (₹)
2017
Aug. 04	Saraswati House, Bhiwani
	25 Chairs @ Rs 1,800 per Chair			45,000
	Less: 10% Trade Discount			4,500
				40,500
	Add: 6% CGST			2,430
	6% SGST			2,430
				45,360	40,500	2,430	2,430	-	45,360

Aug. 12	Navneet Enterprise, Karnal (Haryana)
	1 Dining Table @ Rs10,000			10,000
	20 Chairs @ Rs 2,000 each			40,000
				50,000
	Add: 6% CGST			3,000
	6% SGST			3,000
				56,000	50,000	3,000	3,000	-	56,000

Aug. 20	Yadav & Co., Patiyala (Punjab)
	20 Chairs @ 1,500 each			30,000
	2 Dressing Tables @ 7,500 each			15,000
				45,000
	Add: 12% IGST			5,400
				50,400	45,000	-	-	5,400	50,400
Aug. 28	Navneet Enterprise, Ludhiyana (Punjab)
	Mistake in the Invoice			5,000
	Add: 12% IGST			600
				5,600	5,000	-	-	600	5,600
Aug. 31					1,40,500	5,430	5,430	6,000	1,57,360

Page No 12.31:

Question 6:

Enter the following transactions in the Returns Inward Book of Anand Cloth House, Ajmal Khan Road, New Delhi Assuming CGST @ 2.5% and SGST @ 2.5% :-

October 3	Chakravarti & Co. Jaipur (Rajasthan), returned to us being not according to sample :-
	50 Metre Cotton Cloth @ ₹ 200 per Metre
	30 Metre Silk Cloth @ ₹ 500 per Metre
	Trade Discount 20%
12	Narain Rai & Co. Indore (M.P.), returned being not up to the approved sample :-
	25 Metre woollen cloth @ ₹ 400 per Metre
20	Goods sold to Janaki Das Sita Ram, New Delhi now returned by them, being defective valued at ₹ 8,000.
28	Allowance allowed to Kesari Lal & Sons, Sadar Bazar, New Delhi on account of a mistake in the invoice ₹ 3,000.

Answer:

Returns Inward Book of Anand Cloth House, Ajmal Khan Road, New Delhi
Date	Particulars	Credit Note No.	L.F.	Details (₹)	Sales Return (₹)	Output CGST (₹)	Output SGST (₹)	Output IGST (₹)	Total Amount (₹)
Oct. 03	Chakravarti & Co., Jaipur (Rajasthan)
	50 metre Cotton Cloth @ Rs 200 per metre			10,000
	30 metre Silk Cloth @ Rs 500 per metre			15,000
				25,000
	Less: 20% Trade Discount			5,000
				20,000
	Add: 5% IGST			1,000
				21,000	20,000	-	-	1,000	21,000

Oct. 12	Narain Rai & Co., Indore (MP)
	25 metre Woolen Cloth @ Rs 400 per metre			10,000
	Add: 5% IGST			500
				10,500	10,000	-	-	500	10,500

Oct. 20	Janaki Dass Sita Ram, New Delhi
	Defective Goods			8,000
	Add: 2.5% CGST			200
	2.5% SGST			200
				8,400	8,000	200	200	-	8,400

Oct. 28	Kesari Lal & Sons, Sadar Bazar, New Delhi
	Mistake in the Invoice			3,000
	Add: 2.5% CGST			75
	2.5% SGST			75
				3,150	3,000	75	75	-	3,150
Oct. 31					41,000	275	275	1,500	43,050

Page No 12.32:

Question 7:

Prepare Returns Inward and Returns Outward Books from the following in the books of Modern Shoes, Kolkata (West Bengal) assuming CGST @ 6% and SGST @ 6% :-

2018
January 3	Returned to Bata Shoe Co., Kolkata
	50 pairs of Chappals being not up to the approved sample @ ₹ 600 per pair
	Less: Trade Discount 20%
10	Guru Nanak & Co., Kolkata, returned to us :-
	10 pairs of Shoes, for being defective @ ₹ 1,200 per pair
	Less: Trade Discount 10%
15	Returned to Baluja Shoe Co., Kolkata
	20 pairs of ladies chappals @ ₹ 500 per pair
	Less: 15%
22	Partap Footwear Co., Patna (Bihar), returned to us :-
	50 pairs of Shoes @ ₹ 1,400 per pair
	Less: 5%
27	Manoj Shoe Co., Kolkata, returned to us :-
	20 pairs of Sandals @ ₹ 1,000 per pair
31	Returned to Liberty Shoe Co., Ranchi (Jharkhand) defective shoes worth ₹ 5,000.

Answer:

Returns Outward Book of Modern Shoes, Kolkata (West Bengal)
Date	Particulars	Debit Note No.	L.F.	Details (₹)	Purchases Return (₹)	Input CGST (₹)	Input SGST (₹)	Input IGST (₹)	Total Amount (₹)
2018
Jan. 03	Bata Shoe Co., Kolkata
	50 pairs of Chappals @ Rs 600 per pair			30,000
	Less: 20% Trade Discount			6,000
				24,000
	Add: 6% CGST			1,440
	6% SGST			1,440
				26,880	24,000	1,440	1,440	-	26,880

Jan. 15	Baluja Shoe Co., Kolkata
	20 pairs of Ladies Chappals @ Rs 500 per pair			10,000
	Less: 15% Trade Discount			1,500
				8,500
	Add: 6% CGST			510
	6% SGST			510
				9,520	8,500	510	510	-	9,520

Jan. 31	Liberty Shoe Co.,Ranchi (Jharkhand)
	Defective Shoes			5,000
	Add:12% IGST			600
				5,600	5,000	-	-	600	5,600
Jan. 31					37,500	1,950	1,950	600	42,000

Returns Inward Book of Modern Shoes, Kolkata (West Bengal)
Date	Particulars	Credit Note No.	L.F.	Details (₹)	Sales Return (₹)	Output CGST (₹)	Output SGST (₹)	Output IGST (₹)	Total Amount (₹)
2017
Jan. 10	Guru Nanak & Co., Kolkata
	10 pairs of Shoes @ Rs 1,200 per pair			12,000
	Less: 10% Trade Discount			1,200
				10,800
	Add: 6% CGST			648
	6% SGST			648
				12,096	10,800	648	648	-	12,096

Jan. 22	Partap Footwear Co., Patna (Bihar)
	50 pairs of Shoe @ Rs 1,400 per pair			70,000
	Less: 5% Trade Discount			3,500
				66,500
	Add:12% IGST			7,980
				74,480	66,500	-	-	7,980	74,480

Jan. 27	Manoj Shoe Co., Kolkata
	20 pairs of Sandals @ Rs 1,000 per pair			20,000
	Add: 6% CGST			1,200
	6% SGST			1,200
				22,400	20,000	1,200	1,200	-	22,400
Jan. 31					97,300	1,848	1,848	7,980	1,08,976

Page No 12.32:

Question 8:

Enter the following transactions in the 'Journal Proper' of Karuna Stores :

March 1	Purchased furniture on credit from Kuber Furniture Store for ₹ 15,000.
March 5	Goods for ₹ 6,000 given away as charity.
March 12	Goods worth ₹ 8,000 and Cash ₹ 4,000 were stolen by an employee.
March 15	Arun who owed us ₹ 20,000 was declared insolvent and nothing was received from him.
March 18	Proprietor withdrew for his personal use cash ₹ 5,000 and goods worth ₹ 10,000.
March 31	Provide interest on capital of ₹ 5,00,000 at 6% p.a. for full year.
March 31	Out of the rent paid this year, ₹ 5,000 is related to the next year.
March 31	Salaries due to clerks ₹ 12,000.

Answer:

Journal Proper

Journal in the books of Sh. Karuna Sagar
Date	Particulars		L.F.	Debit Amount (Rs)	Credit Amount (Rs)
Mar. 01	Furniture A/c	Dr.		15,000
	To Kuber Furniture Store				15,000
	(Furniture purchased on credit)

Mar. 05	Charity A/c	Dr.		6,000
	To Purchases A/c				6,000
	(Goods given as charity)

Mar. 12	Loss by Theft A/c	Dr.		8,000
	To Purchases A/c				8,000
	(Goods stolen)

Mar. 15	Bad Debts A/c	Dr.		20,000
	To Arun				20,000
	(Arun was declared insolvent)

Mar. 18	Drawings A/c	Dr.		15,000
	To Purchases A/c				10,000
	(Goods withdrawn for personal use)

Mar. 31	Interest on Capital A/c	Dr.		30,000
	To Capital A/c				30,000
	(Interest on capital allowed)

Mar. 31	Prepaid Rent A/c	Dr.		5,000
	To Rent A/c				5,000
	(Adjustment entry for prepaid rent)

Mar.31	Salary A/c	Dr.		12,000
	To Outstanding Salary A/c				12,000
	(Salary to clerks was outstanding)

Note: Cash transactions will not be recorded in Journal Proper.

Page No 12.33:

Question 9:

Record the following transactions of Keshav Bros. in the proper books :

2017
Jan. 1	Assets : Cash in hand ₹ 8,500; Cash at Bank ₹ 1,40,000; Stock of goods ₹ 2,20,000; Due from Manohar Lal ₹ 30,000 and Deep Chand ₹ 24,000; Furniture and Equipment ₹ 3,00,000.
	Liabilities : Due to Sunil ₹ 15,000.
2	Withdrawn from bank ₹ 20,000.
4	Paid salaries ₹ 22,000.
6	Sold goods to Surya Narain :
	60 metres silk @ ₹ 150 per metre
	100 metres cotton @ ₹ 70 per metre
	Less : Trade Discount @ 12 $\frac{1}{2}$ %
8	Surya Narain returned 40 metres Cotton.
9	Received full payment from Manohar Lal by cheque, sent it to bank, Discount allowed 3%.
10	Purchased from Ganga Parshad :
	300 metres cotton @ ₹ 60 per metre
	500 metres silk @ ₹ 120 per metre
	Less : Trade Discount 10%.
12	Sold goods to Vinita for cash ₹ 16,000.
13	Accepted a bill for ₹ 25,000 for 30 days drawn by Ganga Parshad.
15	Gave cheque to Ganga Parshad for ₹ 45,000, discount allowed by him ₹ 200.
18	Paid to Sunil ₹ 14,850 after receiving discount of 1%.
20	Mr. Keshav Chand took away 5 metres silk costing ₹ 100 per metre for his personal use.
24	Paid rent by cheque ₹ 2,000.
25	Received from Surya Narain ₹ 11,000 in full settlement of his account.
27	Old newspapers sold for cash ₹ 400.
27	Paid for stationery and postage ₹ 500.
28	Sold 400 metres silk @ ₹ 160 per metre to Sh. Ganesh Chand.
31	Received cash ₹ 40,000 from Sh. Ganesh Chand and also received a B/R from him for the balance amount due from him for 2 months.

Answer:

Proper Subsidiary Books

Cash Book
Dr.
Date	Particulars	L.F.	Cash (Rs)	Bank (Rs)	Date	Particulars	L.F.	Cash (Rs)	Bank (Rs)
2017					2017
Jan. 01	Balance b/d		8,500	1,40,000	Jan. 02	Cash A/c	C	–	20,000
Jan. 02	Bank A/c	C	20,000	–	Jan. 04	Salaries A/c		22,000	–
Jan. 09	Manohar Lal (WN1)		–	29,100	Jan. 15	Ganga Parshad		–	45,000
Jan. 09	Sales A/c		16,000	–	Jan. 18	Sunil (WN2)		14,850	–
Jan. 25	Surya Narain (WN3)		11,000	–	Jan. 24	Rent A/c		–	2,000
Jan. 27	Sundry Income		400	–	Jan. 27	Stationery & Postage A/c		500	–
Jan. 31	Sh. Ganesh Chand		40,000	–	Jan. 31	Balance c/d		58,550	1,02,100


			95,900	1,69,100				95,900	1,69,100
Feb. 01	Balance b/d		58,550	1,02,100

WN1: Calculation of Discount Allowed to Manohar Lal

WN2: Calculation of Discount Received from Sunil

WN3: Calculation of Discount Allowed to Surya Narain

Purchases Book
Date	Particulars	L.F.	Details (Rs)	Amount (Rs)
2017
Jan. 10	Ganga Parshad
	300 metres Cotton @ 60 per metre		18,000
	500 metres Silk @ 120 per metre		60,000
			78,000