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.