Recording of Transactions – II – Other Subsidiary Books Solutions

This page contains the CBSE accountancy class 11 chapter Recording of Transactions – II notes. You can find the questions/answers/solutions for the chapter 4 of CBSE class 11 accountancy in this page. So is the case if you are looking for CBSE class 11 Commerce related topic Recording of Transactions – II.
This page contains solutions to Simple cash book numerical questions for the chapter 4 Recording of Transactions – II. If you’re looking for solutions to other theoretical questions or other book related numerical questions solutions, you can find them at
  1. Theoretical Questions Solutions
  2. Simple Cash Book Numerical Questions Solutions
  3. Bank Column Cash Book Numerical Questions Solutions
  4. Petty Cash Book Numerical Questions Solutions
  5. Recording, Posting and Balancing Numerical Questions Solutions
Other Subsidiary Books – Numerical Problems
Enter the following transactions in the Purchase Journal (Book) of M/s Gupta Traders of July 2014:

01 Bought from Rahul Traders as per invoice no.20041
40 Registers @ ₹ 60 each
80 Gel Pens @ ₹ 15 each
50 note books @ ₹ 20 each
Trade discount 10%.
 
15 Bought from Global Stationers as per invoice no.1132
40 Ink Pads @ ₹ 8 each
50 Files @ ₹ 10 each
20 Color Books @ ₹ 20 each
Trade Discount 5%
 
23 Purchased from Lamba Furniture as per invoice no.3201
2 Chairs @ ₹ 600 per chair
1 Table @ ₹ 1000 per table
 
25 Bought from Mumbai Traders as per invoice no.1111
10 Paper Rim @ ₹ 100 per rim
400 drawing Sheets @ ₹ 3 each
20 Packets water colour @ ₹ 40 per packet
 





Please note that as M/s Gupta traders are in the business of stationery, the furniture purchased will be for office use and hence will not be considered as goods. Due to this reason, it can not be entered into the purchases book. All the other transactions are tracked in the purchases book.

Also note that the purchases book will not have the details column. It is added here for the understanding of the user.

Books of M/s Gupta Traders
Purchases Book
Date Invoice
No.
Name of the Supplier
(Account to be credited)
L.F. Details
Amount
2014          
01 Jul 20041 Rahul Traders      
    40 Registers @ ₹ 60 each   2,400  
    80 Gel Pens @ ₹ 15 each   1,200  
    50 Note Books @ ₹ 20 each   1,000  
        4,600  
    Less: Trade Discount 10%   (460) 4,140
15 Jul 1132 Global Stationers      
    40 Ink Pads @ ₹ 8 each   320  
    50 Files @ ₹ 10 each   500  
    20 Colour Books @ ₹ 20 each   400  
        1,220  
    Less: Trade discount 5%   (61) 1,159
25 Jul 1111 Mumbai Traders      
    10 Paper rims @ ₹ 100 each   1,000  
    400 Drawing Sheets @ ₹ 3 each   1,200  
    20 Packets Water Colour @ ₹ 40 per pack   800 3,000
           
    Purchases Account     8,299
   
14. Enter the following transactions in sales (journal) book of M/s.Bansal electronics:

2014
September
01 Sold to Amit Traders as per bill no.4321
20 Pocket Radio @ 70 per Radio
2, T.V. set, B&W.(6”) @ 800 Per T.V.
 
10 Sold to Arun Electronics as per bill no.4351
5 T.V. sets (20”) B&W @ ₹ 3,000 per T.V.
2 T.V. sets (21”) Colour @ ₹ 4,800 per T.V.
 
22 Sold to Handa Electronics as per bill no.4,399
10 Tape recorders @ ₹ 600 each
5 Walkman @ ₹ 300 each
 
28 Sold to Harish Trader as per bill no.4430
10 Mixer Juicer Grinder @ ₹ 800 each.
 
Books of M/s Bansal Electronics
Sales Book
Date Bill No. Name of the Customer
(Account to be debited)
L.F. Details
Amount
2014          
Sep 01 4321 Amit Traders      
    20 Pocket Radio @ ₹ 70 Per Radio   1,400  
    2 T.V Set, B&W (6″) @ ₹ 800 Per T.V.   1,600 3,000
Sep 10 4351 Arun Electronics      
    5 T.V. sets (20″) B&W @ ₹ 3,000 per T.V.   15,000  
    2 T.V. sets (21″) Colour @ ₹ 4,800 per T.V   9,600 24,600
Sep 22 4399 Handa Electronics      
    10 Tape Recorders @ ₹ 600 each   6,000  
    5 Walkman @ ₹ 300 each   1,500 7,500
Sep 28 4430 Harish Traders      
    10 Mixer Juicer Grider @ ₹ 800 each   8,000 8,000
           
    Sales Account     43,100
   
15. Prepare a purchases return (journal) book from the following transactions for January 2014:

2014
January
05 Returned goods to M/s Karthik Traders 1,200
10 Goods returned to Sahil Pvt. Ltd. 2,500
17 Goods returned to M/s Kohinoor Traders. for list price ₹ 2,000 less 10% trade discount.  
28 Return outwards to M/s Handa Traders 550
Purchases Returns Book
Date Debit Note
No.
Name of the Supplier
(Account to be debited)
L.F. Details
Amount
2014          
Sep 05   M/s Kartik Traders     1,200
Jan. 10   Sahil Pvt. Ltd.     2,500
Jan. 17   M/s Kohinoor Traders      
    List Price   2,000  
      Less: 10% Trade discount   (200) 1,800
Jan. 28   M/s Handa Traders     550
           
    Purchases Return Account     6,050
 
16. Prepare Return Inward Journal (Book) from the following transactions of M/s Bansal Electronics for November 2014:

2014
November
04 M/s Gupta Traders returned the goods 1,500
10 Goods returned from M/s Harish Traders 800
18 M/s Rahul Traders returned the goods not as per specifications 1,200
28 Goods returned from Sushil Traders 1,000





Sales Returns Book
Date Credit Note
No.
Name of the Customer
(Account to be credited)
L.F. Amount
2014        
Nov. 04   M/s Gupta Traders   1,200
Nov. 10   M/s Harish Traders   800
Nov. 18   M/s Rahul Traders   1,200
Nov. 28   Sushil Traders   1,000
         
    Sales Return Account   4,500
 

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You might also want to refer the following pages.

  1. Introduction to Accounting
  2. Theory Base of Accounting
  3. Recording of Transactions – I