Question

From the following Subsidiary Book Prepare necessary ledger accounts and balance them.

Purchases Book
Date	Particulars	Inward Invoice No.	L.F.	Amount Rs
2011 Aug. 2	Laxman			4,250
5	Joseph			1,500
10	Salman			3,000
15	Kamini			2,500
31	Patel			800
	Total			12,050

Purchase Return Book
Date	Particulars	Debit Note No.	L.F.	Amount Rs
2011 Aug.7	Laxman			550
18	Kamini			700
31	Patel			100
	Total			1,350

Answer 1

Purchases Account
Dr.	Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
August 2011				August 2011
31	Sundries of Purchase Book		12,050	31	Balance c/d		12,050
			12,050				12,050

Purchase Return Account
Dr.	Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
August 2011				August 2011
31	Balance c/d		1,350	31	Sundries of Purchase Return Book		1,350
			1,350				1,350

Laxman’s Account
Dr.	Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
August 2011				August 2011
7	Purchase Return A/c		550	2	Purchases A/c		4,250
31	Balance c/d		3,700
			4,250				4,250

Joseph’s Account
Dr.	Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
August 2011				August 2011
31	Balance c/d		1,500	5	Purchases A/c		1,500
			1,500				1,500

Salman’s Account
Dr.	Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
August 2011				August 2011
31	Balance c/d		3,000	10	Purchases A/c		3,000
			3,000				3,000

Kamini’s Account
Dr.	Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
August 2011				August 2011
18	Purchases Return A/c		700	15	Purchases A/c		2,500
31	Balances c/d		1,800
			2,500				2,500

Patel’s Account
Dr.	Cr.
Date	Particulars	J.F.	Amount (Rs)	Date	Particulars	J.F.	Amount (Rs)
August 2011				August 2011
31	By Purchase Return A/c		100	31	Purchases A/c		800
31	Balances c/d		700
			800				800