2. Enter the following transactions in the purchases book of Samarth Traders Date Particulars 2019 Feb 01 Purchased from Mandya sugar mills, 10 quintals of sugar at Rs.3500 per quintal Feb 10 Bought 25 quintals of rice from Bharath mills, Belgaum at Rs. 3000/- per quintal at 10% discount Feb 20 Bought Fumiture of Rs.15,000 from Modern furmiture on credit Bought wheat from Akhil and co. 15 quintals at Rs. 2,500/at 8% trade discount Purchases 5 times of coconut oil from Mangaluru stores at Rs.2,000/- Feb 25 Feb 28 per tin.
2. Enter the following transactions in the purchases book of Samarth Traders Date Particulars 2019 Feb 01 Purchased from Mandya sugar mills, 10 quintals of sugar at Rs.3500 per quintal Feb 10 Bought 25 quintals of rice from Bharath mills, Belgaum at Rs. 3000/- per quintal at 10% discount Feb 20 Bought Fumiture of Rs.15,000 from Modern furmiture on credit Bought wheat from Akhil and co. 15 quintals at Rs. 2,500/at 8% trade discount Purchases 5 times of coconut oil from Mangaluru stores at Rs.2,000/- Feb 25 Feb 28 per tin.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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