Question

Verma Bros. Kolkata carry on business as wholesale cloth dealer. From the following, write up their Purchases Book for January, 2019:

Jan. 3	Purchased from M/s. Birla Mills, Kolkata:
	100 pieces long cloth @ ₹ 800 each
	50 pieces shirting @ ₹ 500 each
	CGST and SGST payable @ 6% each
Jan. 8	Purchased for cash from M/s. Ambika Mills, Ahmedabad:
	50 pieces muslin @ ₹ 1,000 each
	IGST payable @ 12%
Jan. 15	Purchased from M/s. Arvind Mills, Ahmedabad:
	20 pieces coating @ ₹ 2,000 each
	10 pieces shirting @ ₹ 500 each
	IGST payable @ 12%
Jan. 20	Purchased from M/s. Bharat Typewriters Ltd. Kolkata:
	5 typewriters @ ₹ 1,400 each
	CGST and SGST payable @ 6% each

Show the posting from Purchases Book to Ledger accounts also.

Answer 1

Purchases Book of Verma Bros., Kolkata

Date	Particulars	Invoice No.	L.F.	Details	Cost	Input CGST	Input SGST	Input IGST	Total
2019
Jan 03	M/s Birla Mills, Kolkata
	100 pieces long cloth @ Rs 800 each			80,000
	50 pieces shirting @ Rs 500 each			25,000
				1,05,000
	Add: CGST @ 6%			6,300
	Add: SGST @ 6%			6,300
				1,17,600	1,05,000	6,300	6,300	–	1,17,600
Jan 15	M/s Arvind Mills, Ahmedabad
	20 pieces coating @ Rs.2,000 each			40,000
	10 pieces shirting @ Rs.500 each			5,000
				45,000
	Add: IGST @ 12%			5,400
				50,400	45,000	-	-	5,400	50,400
Jan 31					1,50,000	6,300	6,300	5,400	1,68,000