DEPARTMENT OF TECHNICAL EDUCATION

ANDHRA PRADESH
Name : R. ROHINI
Designation : Lecturer
Branch : D.C.C.P
Institute : S.G.M. Govt Polytechnic,Abdullapurmet
Year/Semester : I Year
Subject : Accountancy - I
Subject Code : CCP-102
Topic : Subsidiary Books (3/15)
Duration : 50 Min
Sub Topic : Purchases Book
Teaching Aids : PPT and Animations
CCP102.38 1
Objectives

After completion of this class, you would be able

to know:
 Preparation of Purchases Book

 Preparation and postings into Ledgers

CCP102.38 2
Structure

 Recap
 Preparation of Purchases Book
 Preparation of Purchases Account
 Postings into Ledgers
 Assignment
 Summary

CCP102.38 3
Recap

 Sub-division of Journal is Subsidiary Books

 Purchase book for recording of credit purchases
 Trade discount

CCP102.38 4
Prepare Purchase Book of Mr. Rama & Co., and
necessary Ledger Accounts

2007 Aug Rs.

1 Bought goods from Anand 10,000
3 Purchased goods from Raja 7,000
10 Naveen sold us goods 12,000
18 Bought goods from Anand 6,000
23 Bought goods from Raja 5,000

CCP102.38 5
 Purchases Book
Date Name of the Inward L.F Amount
Supplier Invoice No. Rs.

2007
Aug 1 Anand 10,000
3 Raja 7,000
10 Naveen 12,000
18 Anand 6,000
23 Raja 5,000
_______
31 Total 40,000
---------

CCP102.38 6
Ledger Postings

Purchases Account

Date Particulars J.F Amt Date Particulars J.F Amt

2007
Aug To Sundry
31 Creditors 40,000

CCP102.38 7
 Anand’s Account
Date Particulars J. Amt Date Particulars J. Amt
F F
2007
Aug 1 By Purchases 10,000
a/c
2007 By Purchases
18
Aug To bal. c/d 16,000 a/c 6,000
31st --------- ---------
16,000 16,000
--------- ---------
Sep. 1st By bal. b/d 16,000

CCP102.38 8
 Raja’s Account
Date Particulars J. Amt Date Particulars J. Amt
F F

2007
Aug
3 By Purchases 7,000
2007 a/c
Aug To bal. c/d 12,000 23
31st By Purchases 5,000
a/c
-------- ---------
12,000 12,000
--------- Sep. ---------
By bal b/d
1st 12,000
CCP102.38 9
 Naveen’s Account
Date Particulars J. Amt Date Particulars J. Amt
F F
2007
Aug By Purchases 12,000
2007 10 a/c
Aug
31st To bal. c/d 12,000
-------- ---------
12,000 12,000
--------- ---------
Sep. By bal. b/d 12,000
1st

CCP102.38 10
Summary

 Preparation of Purchase book

 Postings into Ledger Accounts
 Balancing of Ledger Accounts

CCP102.38 11
Assignment
Prepare Purchase Book of Mr Uday & Co., and
post into Ledger Accounts:

2006 Jan Rs.

1 Bought goods from Kartik 12,000
5 Purchased goods from Madhu 5,000
18 Bought goods from Kartik 25,000
20 Purchased goods from Dinesh 8,000
23 Bought goods from Sandeep 15,000

CCP102.38 12
Quiz

1. When goods are purchased from Ramu two

times in a month, then two accounts of Ramu
must be opened-True or False?
a. True
b. False, only once
c. None of these

CCP102.38 13
2. In the purchases account, we post :
a) Total of creditors
b) Each creditor individually
c) None

CCP102.38 14
THANK YOU

CCP102.38 15