TS Grewal Class 11 Accountancy Solutions Chapter 7 – Special Purpose Books 1 Cash Book 2021-22

TS Grewal Class 11 Accountancy Solutions Chapter 7 - Special Purpose Books 1 Cash Book

TS Grewal Class 11 Accountancy Solutions Chapter 7 – Special Purpose Books 1 Cash Book has given an easy, informative, and step-by-step way to solve the question related to Cash Book.

Handy and quick solutions for Chapter 7 are mentioned in TS Grewal. Be it exams or homework, class 11th students can always go for TS Grewal Class 11 Accountancy Solutions to Boost their Exam Preparations

Download Free PDF TS Grewal Class 11 Accountancy Solutions Chapter 7 – Special Purpose Books 1 Cash Book

TS Grewal Class 11 Accountancy Solutions Chapter 7

 


Detailed TS Grewal Class 11 Accountancy Solutions Chapter 7 – Special Purpose Books 1 Cash Book

TS Grewal Class 11 Accountancy Solutions explains to the students about Cash Book, what is it and what are the types of Cash Books?

To answer the first question, TS Grewal describes Cash Book as a subsidiary book used for recording only one type of transaction. Every year, thousands of transactions are recorded, and to handle the workload of managing those transactions, a Cash Book is used by the companies.

There are various kinds of Cash Book, mentioned below:

  1. Simple Cash Book also called single column cash book.
  2. Two-column cash book.
  3. Three-column cash book.
  4. Petty cash book.

All these and other important topics are explained thoroughly in the TS Grewal Class 11 Accountancy Solutions. Along with that, all the practical questions are also covered in the book only, with a step by step guide

TS Grewal Class 11 Accountancy Solutions Chapter 7 – Special Purpose Books 1 Cash Book: Sample Questions

Sample Question 1

Enter the following transactions of Mr X, Delhi in a Single column cash book and balance it, without GST:

2018

 

Rs.

January 1

Commenced with the business with capital

2,00,000

January 2

Purchased furniture with cash

50,000

January 3

Purchased goods with cash

30,000

January 5

Paid freight

500

January 7

Sold goods for cash

28,000

January 10

Paid to Ramesh

20,000

January 15

Sold goods for cash

10,000

January 20

Paid wages

10,000

January 25

Purchased goods on credit from Raj

20,000

January 31

Paid rent by cheque

5,000

                                                                                                                                     Answer: 

Date

Particulars

L.F.

Cash

(Rs.)

Date

Particulars

L.F.

Cash

(Rs.)

2018

 

 

 

2018

 

 

 

Jan 1

Capital A/C

 

2,00,000

Jan 2

Furniture A/C

 

   50,000

Jan 7

Sales A/C

 

    28,000

Jan 3

Purchases A/C

 

   30,000

Jan 15

Sales A/C

 

    10,000

Jan 5

Freight A/C

 

         500

 

 

 

 

Jan 10

Ramesh A/C

 

   20,000

 

 

 

 

Jan 20

Wages A/C

 

   10,000

 

 

 

 

Jan 31

Balance c/d

 

1,27,500

 

 

 

2,38,000

 

 

 

2,38,000

Sample question 2:

Prepare a Simple cash book from the following transaction of Mr Suresh, Delhi mentioned below:

2018

 

Rs.

2018

 

Rs.

April 1

Commenced business with cash

80,000

April 17

Paid for stationery

   200

April 3

Bought goods

50,000

April 18

Paid for office furniture

3,000

April 5

Sold goods for cash

40,000

April 21

Received from Kailash

6,800

April 6

Received cash from Mr Manohar

   3,600

April 22

Paid for Advertising

1,008

April 9

Paid into bank

30,000

April 25

Purchased postage stamps

       80

April 13

Paid Harikishan in cash

   2,150

April 28

Paid rent

1,120

 

 

 

April 30

Paid electricity charges

    150

Answer:

Books of Mr. Suresh, Delhi

Cash Book

                                                                                                                                                                 Dr.                                                                                                                                      Cr.

Date

Particulars

L.F.

Amount

(Rs.)

Date

Particulars

L.F.

Amount

(Rs.)

2018

 

 

 

2018

 

 

 

April 1

Capital

 

80,000

April 3

Purchases

 

50,000

April 5

Sales

 

40,000

April 9

Bank

 

30,000

April 6

Mr. Manohar

 

   3,600

April 13

Hari Krishan

 

   2,150

April 21

Mr. Kailash

 

   6,800

April 17

Stationery

 

      200

 

 

 

 

April 18

Office furniture

 

   3,000

 

 

 

 

April 22

Advertising

 

   1,008

 

 

 

 

April 25

Postage stamps

 

         80

 

 

 

 

April 28

Rent

 

    1,120

 

 

 

 

April 30

Electricity bill

 

        150

 

 

 

 

April 30

Balance c/d

 

 42,692

 

 

 

1,30,400

 

 

 

1,30,400

 

 

 

 

 

 

 

 

We have included complete information regarding the CBSE TS Grewal Class 11 Accountancy Solutions Chapter 6 – Ledger. If you have any questions, feel free to ask in the comment box.

FAQs 

Define a Cashbook.

A Cash Book is a subsidiary book used for recording only one type of transaction. Every year, thousands of transactions are recorded, and to handle the workload of managing those transactions, a Cash Book is used by the companies.

What are the types of a Cashbook?

There are various kinds of Cash Book, mentioned below:
1. Simple Cash Book also called single column cash book.
2. Two-column cash book.
3. Three-column cash book.
4. Petty cash book.
 

What do you mean by a Three column cash book?

A Three column cash book is a traditional two-column cash book with 2 additional columns on each side. These extra columns are used for recording cash discounts, discount received column at the credit side, and discount allowed column at the debit side.

Can I download TS Grewal Class 11 Accountancy Solutions Chapter 7 – Special Purpose Books 1 Cash Book PDF free?

Yes, you can download TS Grewal Class 11 Accountancy Solutions Chapter 7 – Special Purpose Books 1 Cash Book PDF free.

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