From the following transactions, prepare columnar purchase book, sales book, purchase returns book and sales returns book in the book of Shree Pushpa Trading Company, which deals in cereals.2015 Sep 1 Purchased from Bhavna Trading Company 1000 kg of Wheat at ₹ 20 per kg , 400 kgs of Rice at ₹ 40 per kg and 500 kg Bajra at ₹ 15 per kg at 10 % trade discount. 3 Purchased from Pratibha traders 500 kg of Wheat at ₹ 25 per kg and 300 kg of Bajra at ₹ 12 per kg on 1 month credit. Invoice no. 223. 8 Sold to Khushi Traders 700 kg Wheat at ₹ 30 per kg and 200 kg Rice at ₹ 50 per kg. Trade discount 10 %. Invoice no. 102. 12 Purchased from Ram-Rahim Trading Company 300 kg Wheat at ₹ 15 per kg .50 % of the amount paid immediately. Invoice no. 250. 15 Khushi Traders returned 100 kg Wheat as the same was of inferior quality. Issued credit note no. 10 was given for the same. 18 Goods received back from Khushi Traders was sent to Pratibha Traders. Debit Note no. 15. 20 Purchased 400 kg Wheat at ₹ 20 per kg from Hetvi Traders on cash. Cash discount 10 %. Invoice no. 40. 21 50 kg Wheat returned to Hetvi Traders and immediately cash received. 23 Purchased from Pooja Traders 500 kg Rice at ₹ 60 per kg and 1000 kgs Bajra at ₹ 18 per kg. Trade discount 10 %, credit 1.5 month. Invoice no. 301 . 25 50 % of the goods purchased from Pooja Traders were sold to Prarthna Traders, by adding 20 % profit. Invoice No. 115.50 % of the amount was paid immediately by Prarthna Traders. 27 Prarthna Traders returned 50 % of the goods which was immediately returned to Pooja Traders. 30 Archana Trading Company placed an order for supplying 800 kgs Wheat at ₹ 30 per kg and 400 kg Rice at ₹ 70 per kg.

Note : Date 20 and 21 : Cash purchase transactions shall not be recorded. Date 30 : Non-financial transaction will not be recorded.

From the following transactions, prepare columnar purchase book, …

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From the following transactions, prepare columnar purchase book, sales book, purchase returns book and sales returns book in the book of Shree Pushpa Trading Company, which deals in cereals.$2015$ Sep

$1$	Purchased from Bhavna Trading Company $1000 \ kg$ of Wheat at $₹ 20$ per $\ kg$ , $400 \ kgs$ of Rice at $₹ 40$ per $\ kg$ and $500 \ kg$ Bajra at $₹ 15$ per $kg$ at $10\%$ trade discount.
$3$	Purchased from Pratibha traders $500 \ kg$ of Wheat at $₹ 25$ per $\ kg$ and $300 \ kg$ of Bajra at $₹ 12$ per $kg$ on $1$ month credit. Invoice no. $223$.
$8$	Sold to Khushi Traders $700 \ kg$ Wheat at $₹ 30$ per $\ kg$ and $200 \ kg$ Rice at $₹ 50$ per $kg$. Trade discount $10\%$. Invoice no. $102$.
$12$	Purchased from Ram-Rahim Trading Company $300 \ kg$ Wheat at $₹ 15$ per $\ kg .50\%$ of the amount paid immediately. Invoice no. $250.$
$15$	Khushi Traders returned $100 \ kg$ Wheat as the same was of inferior quality. Issued credit note no. $10$ was given for the same.
$18$	Goods received back from Khushi Traders was sent to Pratibha Traders. Debit Note no. $15$.
$20$	Purchased $400 \ kg$ Wheat at $₹ 20$ per $\ kg$ from Hetvi Traders on cash. Cash discount $10\%$. Invoice no. $40$.
$21$	$50 \ kg$ Wheat returned to Hetvi Traders and immediately cash received.
$23$	Purchased from Pooja Traders $500 \ kg$ Rice at $₹ 60 per \ kg$ and $1000 \ kgs$ Bajra at $₹ 18$ per $\ kg$. Trade discount $10\%$, credit $1.5$ month. Invoice no. $301$ .
$25$	$50\%$ of the goods purchased from Pooja Traders were sold to Prarthna Traders, by adding $20\%$ profit. Invoice No. $115.50\%$ of the amount was paid immediately by Prarthna Traders.
$27$	Prarthna Traders returned $50\%$ of the goods which was immediately returned to Pooja Traders.
$30$	Archana Trading Company placed an order for supplying $800 \ kgs$ Wheat at $₹ 30$ per $\ kg$ and $400 \ kg$ Rice at $₹ 70$ per $\ kg.$

$2015$
June $1$	Goods of $Rs.20,000$ purchased from Samir for cash.
$4$	Placed an order for supplying goods of Rs.10,000 to Harshad.
$6$	Purchased goods of $Rs.12,000$ from Ashil. Credit period is one month.
$8$	Purchased goods of $Rs.25,000$ from Pranshu at $10\%$ trade discount and at $10\%$ cash discount. Bill no. 100 credit period $15$ days.
$10$	Harshad supplied goods as per our order. He allowed $8\%$ trade discount to us. Bill no. $50.$
$15$	Purchased furniture of $Rs. 8000.$
$20$	Goods of $Rs. 14,000$ purchased at 5\% cash discount from Ashray. He sent a credit memo including railway freight $Rs. 300$ and wages $Rs. 100.$ Bill no. $40.$
$24$	Goods of $Rs.20,000$ purchased at $10\%$ trade discount from Rajat. Paid half amount in cash. Bill no. $30$
$28$	Purchased goods of $Rs. 18,000$ at $8\%$ trade discount and at $5\%$ cash discount from Khushi. Issued a cheque for full amount.
$31$	Purchased goods of $Rs.30,000$ from Anshu. Bill no.$ 20$

Name of Account	Debit(Rs.)	Credit(Rs.)
Capital Drawings	$18,000$	$3,00,000$
Adjusted Purchase-Sales	$8,00,000$	$12,91,000$
Goods Return	$50,000$	-
Discount	$6,000$	$8,000$
Rent	$7,000$	-
Debtors-Creditors	$1,10,000$	$90,000$
Commission	$8,000$	-
Bills	$20,000$	$30,000$
Cash Balance	$20,000$	-
Bank Balance	$90,000$	-
Building	$1,50,000$	-
Furniture	$40,000$	-
Machinery	$3,00,000$	-
Wages	$60,000$	-
Carriage Inward	$60,000$	-
10% Bank Loan and Bank loan Interest	$20,000$	$2,00,000$
Closing Stock	$40,000$	-
Office Expenses	$1,20,000$	-
Total	$19,19,000$	$19,19,000$

Name of Account	L.F.	Debit balance(Rs.)	Credit balance(Rs.)
Opening stock of goods		$8,000$	-
Biil payable		$12,000$	-
Sales		$40,000$	-
Sales return		$4,000$	-
Capital		-	$60,000$
Salary		-	$18,000$
Bank overdraft		-	$17,500$
Purchase		-	$32,000$
Purchase return		-	$2000$
Machinery		$25000$	-
Bill receivables		-	$10,000$
Deborts		$13,000$	-
Interest paid		-	$750$
Carriage inward		-	$3,000$
Carriage outward		-	$3,000$
Cash balance		$11,000$	-
Creditors		$7,750$	-
Closing stock of goods		$16,000$	-
Fixed assets		-	$5,000$
Depreciation on machine		-	$3,000$
General reserve		-	$6,750$
Dividend received		$10,750$	-
Goods goes out by any means		$15,000$	-
Furniture		$8,500$	-
Investments		$10,750$	-
Mortgage loan		-	$10,000$
Loan advanced		-	$10,750$
		$1,81,750$	$1,81,750$

Date	receipts	R. no.	L. no.	Amount	Date	Payment	V. no.	L. no.	Amount
$2016$					$2016$
Jan. $1$	To balance b/f			$7,000$	Jan. $4$	By Zalak A/c			$4,000$
$3$	To Virag A/c			$3,000$	$5$	By Prakshal A/c			$2,000$
$6$	To Manush A/c			$7,000$	$8$	By shop rent A/c			$3,000$
$15$	To parshwa A/c			$1,500$		(cheque given to parth)
$20$	To Interest A/c			$100$	$10$	By AbhishekA/c			$1,000$
$25$	To Deven A/c			$380$	$15$	By vikas soni A/c			$1,000$
					$20$	By sales tax A/c			$1,500$
					$25$	By Chavda A/c			$500$
					$29$	By Bosky Shah A/c			$180$
					$31$	By Balance of			$5,800$
				$18,980$					$18,980$
$2016$
Feb. $1$	To balance b/f			$5,800$

Date	Particulars	Debits (Rs.)	Credit (Rs.)	Balance(Rs.)
$2016$
Jan. $1$	Balance b/f	-	$7,000$	$7,000$
$3$	Virag A/c	-	$3,000$	$10,000$
$4$	Zalak A/c	$4,000$	-	$6,000$
$5$	Kishan A/c	-	$700$	$6,700$
$8$	Parth A/c	$3,000$	-	$3,700$
$15$	Vikas soni A/c	$1,000$	-	$2,700$
$20$	Interest A/c	-	$100$	$2,800$
$25$	Deven A/c	-	$380$	$3,180$
$29$	Bosky shah A/c	$180$	-	$3,000$
$31$	Bank interest A/c	-	$100$	$3,100$
$31$	Pravin A/c	-	$1,000$	$4,100$
$31$	Insurance premium A/c	$1,400$	-	$2,700$
$31$	Balance o/f	$2,700$	-	$2,700$
		$12,80$	$12,280$	-

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$2015$
Nov. $1$	Sold goods of $Rs. 20,000$ to Hetal at $10\%$ trade discount. Sent a bill including $4\%$$ VAT,$ $Rs.100$ for wages and $Rs. 100$ for packing expense. Bill no. $115$.
$5$	Sold goods of $Rs.15,000$ at $8\%$ trade discount and $5\%$ cash discount to Pinkiben. Credit period $15$ days. Sent Rs.a bill including $5\%$ $VAT,$ wages $Rs.300$ and packing expense $Rs.200$. Bill no. $116$.
$10$	Sold for cash goods of $Rs.12,000$ to Miteshbhai at $8\%$ trade discount plus $5\% VAT.$ Bill no. $120$.
$12$	Alpaben placed an order for supplying goods of $Rs. 25,000.$
$15$	Sold old machine of $Rs.5,000$ to Nehalbhai for cash.
$18$	Sent goods as per the order to Alpaben. at $5\% T. D.$ Bill includes $5\%$ $VAT$ and $Rs.150$ for packing expense.
$25$	Sold goods of $Rs. 25,000$ at $5\%$ trade discount to Rushvi. Credit period $15$ days. Sent a bill including $5\%$ $VAT$, wages $Rs.150$. Bill no. $125.$ She sent $75\%$ amount of bill in cash.
$28$	Received an order for supplying goods of $Rs.40,000$ from Dev.
$30$	Supplied goods to Dev as per his order at $5\%$ trade discount. Sent a bill adding wages of $Rs. 400$. Bill no. $128$.

Date	receipts	R. No.	L. No.	Amount (Rs.)	Date	Payment	V. No.	L. No.	Amount (Rs.)
$2016$					$2016$
Aug. $4$	To Juhi A/C			$3,000$	Aug. 1	By balance b/f			$2,500$
$6$	To Raj A/c			$1,800$	$2$	By insurance premium A/c			$5,000$
$11$	To Rajul A/c			$1,400$	$3$	By Rahul A/c			$500$
$18$	To Megha A/c			$1,560$	$5$	By Tanmay A/c			$700$
$28$	To Burkhu A/c			$1,340$	$10$	By Chintan A/c			$240$
$30$	To Dividend A/c			$2,000$	$14$	By salary A/c(Tanmay)			$800$
$31$	To Balance o/f			$3,470$	$24$	By commission A/c (Vikas)			$750$
					$29$	By Vidhi A/c			$1,000$
					$30$	By Raja A/c			$2,400$
					$31$	By Rani A/c			$680$
				$14,570$					$14,570$
					$2016$
					Sept. $1$	By balance b/f			$3,470$

Date	Particulars	Debit (Rs.)	Credit (Rs.)	Balance(Rs.)
$2016$
Aug. $1$	Balance b/f	$2,500$	-	$2,500$
$2$	Insurance company A/c	$5,000$	-	$7,500$
$4$	Juhi A/c	-	$3,000$	$4,500$
$6$	Raj A/c	-	$1,800$	$2,700$
$11$	Rajul A/c	-	$1,400$	$1,300$
$14$	Tanmay A/c	$800$	-	$2,100$
$24$	Vikas A/c	$750$	-	$2,850$
$29$	Vandana A/c	$2,000$	-	$4,850$
$30$	Dividend A/c	-	$2,000$	$2,850$
$31$	Rani A/c	$680$	-	$3,570$
$31$	Bank interestA/c	$180$	-	$3,710$
$31$	Balance o/f	-	$3,710$	$3,710$
Sept. $1$	Balance b/f	$3,710$	-	-

Trial Balance of Pushpa Traders as on $31-03-2015$
Name of Account	Debit(Rs.)	Credit(Rs.)
Drawings – Capital	$26,400$	$3,30,000$
Purchase-Sales	$3,24,900$	$8,80,000$
Goods Returns	$88,000$	$22,000$
Provident-Fund and Contribution to Provident Fund	$11,000$	$1,10,000$
Provident Fund Investment and Interest on Provident
fund investment	$1,10,000$	$8,800$
Debtors-Creditors	$2,20,000$	$1,65,000$
Discount	$50,600$	$15,400$
Bad-Debts & Bad Debts Reserve	$33,000$	$49,500$
Bills	$16,500$	$27,500$
Goods stock $(1-04-2014)$	$88,000$	$-$
Demurrage	$3,300$	$-$
Custom duty	$21,000$	$-$
Trade Expenses	$1,00,000$	$-$
Cash Balance	$10,000$	$-$
Bank Balance	$35,100$	$-$
Fixed Assets (Cost Price $Rs. 6,00,000)$	$4,80,000$	$-$
Advertisement Expenses	$10,000$	$-$
Other Income	$-$	$19,600$
	$16,27,800$	$16,27,800$

$2014$
Jan.
$1$	Goods of $Rs. 10,000$ is purchased from Sureshbhai of Surat and Railway freight $Rs. 2000$ and labour $Rs. 500$ are paid by cheque.
$4$	Goods of $Rs. 8000$ is purchased from Amulbhai of Anand.
$7$	Goods of $Rs. 15,000$ is purchased from Rajeshbhai of Jaipur (Rajasthan) and amount is paid by cheque.
$9$	Goods of $Rs. 12,000$ is purchased from Manojbhai of Mumbai (Maharashtra).
$10$	Goods of $Rs. 2000$ returned by Amulbhai of Anand.
$12$	Goods of $Rs. 3000$ returned to Manojbhai of Mumbai (Maharashtra).
$15$	Goods of $Rs. 15,000$ sold to Kevalbhai of Kesod and payment is received by cheque.
$17$	Goods of $Rs. 20,000$ sold to Vinodbhai of Valsad, Railway freight $Rs. 1000$ and $Rs. 1000$ of wages paid on his behalf.
$20$	Goods of $Rs. 12,000$ sold to Dineshbhai of Delhi and payment received by cheque.
$22$	Goods of $Rs. 18,000$ sold to Bhaveshbhai of Bhopal (Madhya Pradesh).
$25$	Goods of $Rs. 2500$ of original cost returned by Vinodbhai of Valsad. $($Here cost price means exclusing $GST.)$
$31$	Goods of $Rs. 3000$ returned by Bhaveshbhai of Bhopal (Madhya Pradesh)

Amount (Rs.)	Date of cheque deposited in bank	Date of Cheque credited in passbook
$2,300$	$15-12-‘15$	$18-12-‘15$
$7,200$	$17-12-‘15$	$17-12-‘15$
$4,600$	$27-12-‘15$	$1-1-‘16$
$1,500$	$30-12-‘15$	$2-1-‘16$

Amount (Rs.)	Date of cheque drawn	Date of cheque presented in bank
$8,200$	$26-12-‘15$	$18-12-‘15$
$9,300$	$28-12-‘15$	$1-1-‘16$
$7,100$	$29-12-‘15$	$31-12-‘15$
$1,300$	$31-12-‘15$	$2-1-‘16$

Name of account	Amount(Rs.)	Name of account	Amount(Rs.)
Opening stock of goods	$5000$	Carriage inward	$1300$
Closing stock of goods	$12,000$	Carriage outward	$2000$
Wages	$750$	Debtors	$9000$
Unpaid wages	$1000$	Creditors	$6000$
Purchase	$27,000$	Cash balance	$4900$
Sales	$40,000$	Dividend received	$970$
Goods return from deborts	$3500$	Bad debts	$1100$
Goods return to creditors	$2000$	Bad debts recover	$1000$
Building repairing	$3700$	Advertisement expenses	$6000$
Value added tax (VAT)	$1150$	Depreciation of machine	$4800$
Land-building-machine	$50,000$	Apprentice premium	$2060$
Capital	$1,40,000$	Lense hold hand	$14,000$
Drawing	$12,000$	Productive wages	$3200$
Office salary	$36,000$	Prepaid salary	$1200$
Goodwill- patent	$5000$	Bonus	$2400$
Bank balance	$7950$	Machine repairing	$1900$
Bank loan	$23,000$
Interest on bank loan	$180$

P1 C6 Subsidiary Books — Account STD 11 Commerce — Question

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