1. Record the following transactions in the Purchases Book of Krishna General Stores, Delhi:

2024
May 1 Bought from M/s. Chunni Lal Mam Raj, Delhi:
100 bags of ITC Wheat Atta @ ₹530 per bag
50 bags of Rice Basmati @ ₹500 per bag
Less: Trade Discount @ 10%
May 3 Bought from M/s. Kanodia Oil Mills, Delhi:
40 tins Oil @ ₹1,500 per tin
20 tins Banaspati Oil @ ₹900 per tin
Less: Trade Discount @ 5%
May 4 Purchased from M/s. Gupta Bros., Hapur:
25 bags gram @ ₹480 per bag
40 bags oats @ ₹25 per bag
Less: Trade Discount @ 5%

  T.S.Grewal/2024 Edition/Practical Problems/Q-01

For full question, please refer to the text book T.S.Grewal’s Double Entry Book Keeping-Financial Accounting, Textbook for CBSE Class XI published by Sultan Chand & Sons Pvt. Ltd.

error: Content is protected !!