Enter the following transactions in purchase book of M/s Ram Singh and

1.	Enter the following transactions in purchase book of M/s Ram Singh and pass the journal entry showing effect of all the transactions. 2016Jan 1Purchased goods from Vansh Brothers on credit vide Invoice No.210; 10 Philips tubelights Rs 40 each, paid GST 10 %50 Crompton bulbs Rs 10 each, paid GST 10 %Jan 10Purchased goods from Mayur Electric Store vide Invoice No.18;25 Heaters Rs 160 each, paid GST 10%15 Sunny fans Rs 600 each, paid GST 10%, 10% trade discount, Jan 16Purchased goods from Ganpat Electric Store vide Invoice No. 125;5 Dozen Philips bulbs Rs 10 each, paid GGST 10%20 power plugs Rs 25 each, paid GST 10% The trade discount is 10% and feight charges are Rs 75. Note Here, we have taken the assumed rate of GST.
Answer» Enter the following transactions in purchase book of M/s Ram Singh and pass the journal entry showing effect of all the transactions. $\begin{matrix} 2016 Jan 1 & Purchased goods from Vansh Brothers on credit vide Invoice No.210; 10 Philips tubelights Rs 40 each, paid GST 10 % 50 Crompton bulbs Rs 10 each, paid GST 10 % Jan 10 & Purchased goods from Mayur Electric Store vide Invoice No.18; 25 Heaters Rs 160 each, paid GST 10% 15 Sunny fans Rs 600 each, paid GST 10%, 10% trade discount, Jan 16 & Purchased goods from Ganpat Electric Store vide Invoice No. 125; 5 Dozen Philips bulbs Rs 10 each, paid GGST 10% 20 power plugs Rs 25 each, paid GST 10% The trade discount is 10% and feight charges are Rs 75. \end{matrix}$ Note Here, we have taken the assumed rate of GST.

Enter the following transactions in purchase book of M/s Ram Singh and pass the journal entry showing effect of all the transactions. 2016Jan 1Purchased goods from Vansh Brothers on credit vide Invoice No.210; 10 Philips tubelights Rs 40 each, paid GST 10 %50 Crompton bulbs Rs 10 each, paid GST 10 %Jan 10Purchased goods from Mayur Electric Store vide Invoice No.18;25 Heaters Rs 160 each, paid GST 10%15 Sunny fans Rs 600 each, paid GST 10%, 10% trade discount, Jan 16Purchased goods from Ganpat Electric Store vide Invoice No. 125;5 Dozen Philips bulbs Rs 10 each, paid GGST 10%20 power plugs Rs 25 each, paid GST 10% The trade discount is 10% and feight charges are Rs 75. Note Here, we have taken the assumed rate of GST.

Answer»

Enter the following transactions in purchase book of M/s Ram Singh and pass the journal entry showing effect of all the transactions.

$\begin{matrix} 2016 Jan 1 & Purchased goods from Vansh Brothers on credit vide Invoice No.210; 10 Philips tubelights Rs 40 each, paid GST 10 % 50 Crompton bulbs Rs 10 each, paid GST 10 % Jan 10 & Purchased goods from Mayur Electric Store vide Invoice No.18; 25 Heaters Rs 160 each, paid GST 10% 15 Sunny fans Rs 600 each, paid GST 10%, 10% trade discount, Jan 16 & Purchased goods from Ganpat Electric Store vide Invoice No. 125; 5 Dozen Philips bulbs Rs 10 each, paid GGST 10% 20 power plugs Rs 25 each, paid GST 10% The trade discount is 10% and feight charges are Rs 75. \end{matrix}$

Note Here, we have taken the assumed rate of GST.

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