Q.Prepare Purchase book in the books of Santhosh Textiles Limited from the following transactions given for April 2022. 2022
April 1 Purchased goods from Prasad on credit
100 meters silk @ ₹ 450 per meter
75 meters velvet @ ₹ 180 per meter
April 18 Nathan and Sons purchased from us on credit
100 meters silk @ ₹ 510 per meter
April 20 Purchased goods from Hari on credit
50 rolls kada cloth @ ₹ 730 per roll
80 rolls cotton cloth @ ₹ 650 per roll
April 24 Purchased from Mohan on credit
Shirting cloth for ₹ 7,000
Sarees for ₹ 25,000

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. …