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CBSE Class 11-commerce Answered

Enter the following transactions in the Purchases Book of Rushabh A.C. Ltd.: 2016   Sept 1 Purchased goods from Laxmidhar and Sons on credit vide Invoice No. 547   25 Videocon air conditioner @ 19,500 each, paid VAT @10%   17 Hitachi air conditioner @16,700 each, paid VAT @10%   Trade Discount 10%     Sept 9 Purchased goods from Banerjee andCo. on credit vide Invoice No. 212   30 Samsung air conditioner @22,000 each, paid VAT @10%   14 Daikin air conditioner @13,900 each, paid VAT @10%   Trade Discount @10% and freight charges Rs. 520     Sept 14 Purchased goods from M/s Radheshyam for cash vide Cash Memo No. 164   6 Hair air conditioner @16,490 each, VAT paid 10%     Sept 26 Purchased LG fridge @ Rs.9,500 from Vidhyadhar on credit for office use.     Sept 28 Purchased goods on credit from M/s Savarkar vide Invoice No. 873   30 Blue Star air conditioner @Rs.32,500 each, paid VAT @10%   28 Whirlpool air conditioner @ Rs. 29,650 each, paid VAT @10%   Freight Expenses Rs.2,400    
Asked by Topperlearning User | 11 Jul, 2016, 04:49: PM
answered-by-expert Expert Answer

In the Books of Rushabh A.C. Ltd

PURCHASES BOOK

Date

Particulars

L.F.

Invoice No.

Details

Rs. 

Cost

Rs. 

VAT

Rs. 

Freight Charges

Rs. 

Total

Rs. 

2016

 

 

 

 

 

 

 

 

Sept 1

Laxmidhar and Sons 

 

547

 

 

 

 

 

 

25 Videocon air conditioner @ 19,000 each

 

 

4,75,000

 

 

 

 

 

15 Hitachi air conditioner @16,700 each

 

 

2,50,500

 

 

 

 

 

 

 

 

7,25,500

 

 

 

 

 

Less: Trade Discount @10%

 

 

72,550

 

 

 

 

 

 

 

 

6,52,950

 

 

 

 

 

Add: VAT @ 10%

 

 

65,295

 

 

 

 

 

 

 

 

7,18,245

6,52,950

65,295

-

7,18,245

Sept 9

Banerjee andCo.

 

212

 

 

 

 

 

 

30 Samsung air conditioner @22,000 each

 

 

 6,60,000

 

 

 

 

 

14 Daikin air conditioner @13,000 each

 

 

Answered by | 11 Jul, 2016, 06:49: PM
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 11 Jul, 2016, 04:49: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 11 Jul, 2016, 04:49: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 11 Jul, 2016, 04:49: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 11 Jul, 2016, 04:49: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 11 Jul, 2016, 04:49: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 11 Jul, 2016, 04:49: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 11 Jul, 2016, 04:49: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 11 Jul, 2016, 04:49: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 11 Jul, 2016, 04:49: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT