Prepare a Purchase Book in the books of M/s Modern Furniture House, Lucknow (U.P) from the following transactions assuming CGST @ 6% and SGST @ 6% :-

2017

June 5 Bought from Mohan Lal & Co., Kanpur (U.P) :-

20 Godrej Chairs @ ₹ 2,000 each

5 Godrej Tables @ ₹ 6,000 each

Trade Discount 20%

10 Purchased from Bharat Bhushan & Sons, Varanasi (U.P) :-

5 Almirahs @ ₹ 12,000 each

2 Revolving Chairs @ ₹ 20,000 each

Trade Discount 10%

14 Purchased from Surya Traders, Lucknow (U.P)

80 Desks @ ₹ 2,500 each

10 Sofa Sets @ ₹ 20,000 each

Trade Discount @ 15%

20 Purchased for cash from Gopi Chand Haldi Ram, Delhi :-

4 Tables @ ₹ 5,000 each

25 Bought Furniture for office use from New Furniture House, Faridabad on Credit :

5 Chairs @ ₹ 2,500 per Chair.

2 Tables @ ₹ 5,000 per Table.

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Solution

Purchases Book

Date

Particulars

Invoice No.

L.F.

Details

Cost

Input

CGST

Input SGST

Total

June 05

Mohan Lal & Company, Kanpur

20 Godrej Chairs @ ₹ 2,000 each

40,000

5 Godrej Tables @ ₹ 6,000 each

30,000

70,000

Less: 20% T.D.

14,000

56,000

Add: CGST @ 6%

3,360

Add: SGST @ 6%

3,360

62,720

56,000

3,360

3,360

62,720

June 10

Bharat Bhushan & Sons, Varanasi

5 Almirahs @ ₹ 12,000 each

60,000

2 Revolving Chairs @ ₹ 20,000 each

40,000

1,00,000

Less: 10% T.D.

10,000

90,000

Add: CGST @ 6%

5,400

Add: SGST @ 6%

5,400

1,00,800

90,000

5,400

5,400

1,00,800

June 14

Surya Traders, Lucknow

80 Desks @ ₹ 2,500 each

2,00,000

10 Sofa Sets @ ₹ 20,000 each

2,00,000

4,00,000

Less: 15% T.D.

60,000

3,40,000

Add: CGST @ 6%

20,400

Add: SGST @ 6%

20,400

3,80,800

3,40,000

20,400

20,400

3,80,800

4,86,000

29,160

29,160

5,44,320

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Similar questions

2017
Nov. 3	Purchased goods from Sachdeva Furniture Store, New Delhi :
	50 Chairs @ ₹ 2,000 each
	5 Tables @ ₹ 10,000 each
	Less: 10% Trade Discount
10	Purchased furniture from Mahadeva & Co., Jaipur (Rajasthan) valued ₹ 2,00,000, less $12 \frac{1}{2}$ % Trade Discount.
18	Purchased furniture from Fashion Furniture House, Chandigarh of the list price of ₹ 2,50,000, less 15%.
20	Purchased from India Furniture House, New Delhi :
	100 Chairs @ ₹ 1,800 each
25	Purchased from Mohan Lal & Sons furniture of the value of ₹ 20,000 for cash.

2017
Nov. 7	Returned to Sachdeva Furniture Store, Ahmedabad (Gujarat) :
	5 Chairs @ ₹ 2,000 each
	1 Table for ₹ 15,000
	Less: 10% Trade Discount
22	Returned 8 Chairs to India Furniture House, Jodhpur (Rajasthan) @ ₹ 1,500 each, being not of specified quality.
24	Returned one Dining Table to Arora & Co., Jaipur (Rajasthan) being not according to sample ₹ 50,000.
28	Allowance claimed from Delhi Furniture Shop, Ahmedabad (Gujarat) on account of mistake in the invoice ₹ 16,000.

2018
March 5	Purchased goods for ₹ 2,50,000 from Virender Yadav of Patna (Bihar).
March 12	Sold goods costing ₹ 60,000 at 50% profit to Partap Sinha of Ranchi (Jharkhand).
March 14	Purchased goods for ₹ 70,000 from Ram Nath of Kanpur (U.P.) against cheque.
March 18	Sold goods at Varanasi (U.P.) Costing ₹ 2,25,000 at $33 \frac{1}{3} %$ profit less trade discount 10% against cheque which was deposited into bank.
March 20	Paid rent ₹ 25,000 by cheque.
March 31	Payment made of balance amount of GST.

October 3	Chakravarti & Co. Jaipur (Rajasthan), returned to us being not according to sample :-
	50 Metre Cotton Cloth @ ₹ 200 per Metre
	30 Metre Silk Cloth @ ₹ 500 per Metre
	Trade Discount 20%
12	Narain Rai & Co. Indore (M.P.), returned being not up to the approved sample :-
	25 Metre woollen cloth @ ₹ 400 per Metre
20	Goods sold to Janaki Das Sita Ram, Agra (U.P.) now returned by them, being defective valued at ₹ 8,000.
28	Allowance allowed to Kesari Lal & Sons, Sadar Bazar, Prayagraj (U.P.) on account of a mistake in the invoice ₹ 3,000.

2018
January 3	Returned to Bata Shoe Co., Kolkata
	50 pairs of Chappals being not up to the approved sample @ ₹ 600 per pair
	Less: Trade Discount 20%
10	Guru Nanak & Co., Kolkata, returned to us :-
	10 pairs of Shoes, for being defective @ ₹ 1,200 per pair
	Less: Trade Discount 10%
15	Returned to Baluja Shoe Co., Kolkata
	20 pairs of ladies chappals @ ₹ 500 per pair
	Less: 15%
22	Partap Footwear Co., Patna (Bihar), returned to us :-
	50 pairs of Shoes @ ₹ 1,400 per pair
	Less: 5%
27	Manoj Shoe Co., Kolkata, returned to us :-
	20 pairs of Sandals @ ₹ 1,000 per pair
31	Returned to Liberty Shoe Co., Ranchi (Jharkhand) defective shoes worth ₹ 5,000.

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2017
June 5	Bought from Mohan Lal & Co., Kanpur (U.P) :-
	20 Godrej Chairs @ ₹ 2,000 each
	5 Godrej Tables @ ₹ 6,000 each
	Trade Discount 20%
10	Purchased from Bharat Bhushan & Sons, Varanasi (U.P) :-
	5 Almirahs @ ₹ 12,000 each
	2 Revolving Chairs @ ₹ 20,000 each
	Trade Discount 10%
14	Purchased from Surya Traders, Lucknow (U.P)
	80 Desks @ ₹ 2,500 each
	10 Sofa Sets @ ₹ 20,000 each
	Trade Discount @ 15%
20	Purchased for cash from Gopi Chand Haldi Ram, Delhi :-
	4 Tables @ ₹ 5,000 each
25	Bought Furniture for office use from New Furniture House, Faridabad on Credit :
	5 Chairs @ ₹ 2,500 per Chair.
	2 Tables @ ₹ 5,000 per Table.

Purchases Book
Date	Particulars	Invoice No.	L.F.	Details	Cost	Input CGST	Input SGST	Total
June 05	Mohan Lal & Company, Kanpur
	20 Godrej Chairs @ ₹ 2,000 each			40,000
	5 Godrej Tables @ ₹ 6,000 each			30,000
				70,000
	Less: 20% T.D.			14,000
				56,000
	Add: CGST @ 6%			3,360
	Add: SGST @ 6%			3,360
				62,720	56,000	3,360	3,360	62,720

June 10	Bharat Bhushan & Sons, Varanasi
	5 Almirahs @ ₹ 12,000 each			60,000
	2 Revolving Chairs @ ₹ 20,000 each			40,000
				1,00,000
	Less: 10% T.D.			10,000
				90,000
	Add: CGST @ 6%			5,400
	Add: SGST @ 6%			5,400
				1,00,800	90,000	5,400	5,400	1,00,800
June 14	Surya Traders, Lucknow
	80 Desks @ ₹ 2,500 each			2,00,000
	10 Sofa Sets @ ₹ 20,000 each			2,00,000
				4,00,000
	Less: 15% T.D.			60,000
				3,40,000
	Add: CGST @ 6%			20,400
	Add: SGST @ 6%			20,400
				3,80,800	3,40,000	20,400	20,400	3,80,800
					4,86,000	29,160	29,160	5,44,320