Q.(a) From the following information prepare the necessary subsidiary books for Nalanda Book stores. 2017
Dec. 1 Bought from M/s. Umadevi on credit
100 copies of Business Statistics Books @ Rs. 80 each.
100 copies of Accountancy Books @ Rs. 150 each.
Dec. 7 Sold to Sridevi & Co., on credit
240 copies of Business Statistics books @ Rs. 90 each.
250 copies of Accountancy books @ Rs. 170 each.
Dec. 10 Bought from Subha & Co.,
40 copies of Economics books @ Rs. 80 each.
Less : 15% Trade Discount
Dec. 15 Returned to M/s. Umadevi 10 copies of damaged Accountancy books for which cash is not received
Dec. 18 Sold to Gupta Bros., on credit
200 copies of Economics books @ Rs. 95 each.
Dec. 26 Returned 6 copies of Economics books to Subha & Co.,

The Purchases (day) book records only the credit purchases of goods the business trades in, so the correct answer is option (a).

In the Tamil Nadu HSC Class-11 Accountancy syllabus, the Purchases book is a subsidiary book with two strict conditions on what it records:

1. The purchase must be of goods (items the business buys to resell), not assets like machinery or furniture.
2. The purchase must be on credit — cash purchases are entered in the cash book instead.

So: …

The purchases book (purchases day book) records only credit purchases of goods, so the answer is (a).

In the Tamil Nadu HSC Class-11 Accountancy syllabus, the purchases book is a subsidiary book that records only credit purchases of goods — "goods" meaning the items in which the business regularly trades. Two things are deliberately kept out of it:

• Cash purchases — these go into the cash book.
• Purchases of assets (whether cash or credit) — e.g. buying machinery or furniture is recorded through the journal proper, not the purchases book.

Checking the options:

• (a) all credit purchases of goods — correct. …