TS Grewal Class 11 Accountancy Solutions Chapter 8 – Special Purpose Books 2 Cash Book: TS Grewal Solutions for Class 11 Accountancy Chapter 8 – Special Purpose Books 2 Cash Book is an idea that scholar sought to recall at the same time as making ready for his or her Accountancy exam. Here, are few answers rendered in an easy and stepwise method. You can easily rely onto these solutions of TS Grewal provided in the article below for your class 11 Accountancy Exam. You can also download the PDF for free.
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Question 1:
Without Goods and Services Tax (GST)
Enter the following transactions of Mr. Ripinder, Delhi in a Single Column Cash Book and balance it:
2018 |
|
₹ |
||
Jan 1 | Ripinder started business with capital | 2,00,000 | ||
Jan 2 | Purchased furniture for cash | 50,000 | ||
Jan 3 | Purchased goods for cash | 30,000 | ||
Jan 5 | Paid freight | 500 | ||
Jan 7 | Sold goods for cash | 28,000 | ||
Jan 10 | Paid to Ramesh | 20,000 | ||
Jan 15 | Sold goods for cash | 10,000 | ||
Jan 20 | Paid wages | 10,000 | ||
Jan 25 | Purchased goods from Raj on credit | 20,000 | ||
Jan 31 |
Paid rent by Cheque |
5,000 |
ANSWER:
Cash Book |
|||||||||
Dr. |
Cr. |
||||||||
Date |
Particulars |
L.F. |
Cash (₹) |
Date |
Particulars |
L.F. |
Cash (₹) |
||
2018 |
|
|
2018 |
|
|
||||
Jan 01 |
Capital A/c |
|
2,00,000 |
Jan 02 |
Furniture A/c |
|
50,000 |
||
Jan 07 |
Sales A/c |
|
28,000 |
Jan 03 |
Purchases A/c |
|
30,000 |
||
Jan 15 |
Sales A/c |
|
10,000 |
Jan 05 |
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 |
||||
|
|
|
|
|
Question 2:
Prepare Simple Cash Book from the following transactions of Mr. Suresh, Delhi:
2018 | ₹ | 2018 | ₹ | |||||||
April 1 | Mr. Suresh commenced business with cash |
80,000 |
April 17 | Paid for stationery | 200 | |||||
April 3 | He bought goods | 50,000 | April 18 | Paid for office furniture | 3,000 | |||||
April 5 | Sold goods for Cash | 40,000 | April 21 | Received from Mr. Kailash Chand | 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 cash Harikrishan | 2,150 | April 28 | Paid Rent | 1,120 | |||||
April 30 | Paid electricity charges | 150 |
ANSWER:
Books of Mr. Ram Gopal of Delhi Cash Book |
|||||||||
Dr. |
|
Cr. |
|||||||
Date |
Particulars |
L.F. |
Amount (Rs) |
Date |
Particulars |
L.F. |
Amount (Rs) |
||
2018 |
|
2018 |
|
||||||
April 01 |
Capital |
|
80,000 |
April 03 |
Purchases |
|
50,000 |
||
April 05 |
Sales |
|
40,000 |
April 09 |
Bank |
|
30,000 |
||
April 06 |
Mr. Manohar Lal |
|
3,600 |
April 13 |
Hari Krishan |
|
2,150 |
||
April 21 | Mr. Kailash Chand | 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 Charges |
|
150 |
||
|
|
|
|
April 30 |
Balance c/d |
|
42,692 |
||
|
|
|
1,30,400 |
|
|
|
1,30,400 |
Question 3:
With Goods and Services Tax (GST)
Prepare Simple Cash book of Sri Gopal of Amritsar from the following transactions:
2018 | ₹ | |||
April 1 | Sri Gopal commenced business introducing cash ₹ 60,000 and ₹ 1,50,000 by taking a loan from the Allahabad Bank. | |||
April 4 | Purchased following assets for business: Computer ₹ 16,000; Furniture ₹ 18,500 and Machinery ₹ 32,000 plus CGST and SGST @ 6% each, paid by cheque | |||
April 6 | Purchased goods of ₹ 40,000 plus CGST and SGST @ 6% each from Bhushan, Amritsar, half of the value paid in cash. | |||
April 8 | Paid wages for installation of Machinery | 4,000 | ||
April 12 | Computer repair charges ₹ 1,900 paid along with CGST and SGST @ 6% each | |||
April 15 | Paid wages | 15,000 | ||
Purchased Postage Stamps | 150 | |||
Paid for stationery of ₹ 2,700 along with CGST and SGST @ 6% each | ||||
April 19 | Sold for cash half the goods purchased from Bhushan to Anil Krishna at a profit of25% and allowed him Trade Discount of 5%. Charged CGST and SGST @ 6% each | |||
April 24 | Payment to carpenter for repairs to private property | 350 | ||
April 26 | Paid for medical expenses of Smt. Gopal | 1,800 | ||
April 30 |
Paid for shop rent ₹ 2,000 along with CGST and SGST @ 6% each. |
|
ANSWER:
Cash Book |
|||||||||
Dr. |
Cr. |
||||||||
Date |
Particulars |
L.F. |
Cash (₹) |
Date |
Particulars |
L.F. |
Cash (₹) |
||
2018 |
|
|
2018 |
|
|
||||
Apr 01 |
Capital A/c |
|
60,000 |
Apr 06 |
Purchases A/c |
|
20,000 |
||
Apr 19 |
Sales A/c |
|
23,750 |
Apr 06 |
Input CGST A/c |
|
1,200 |
||
Apr 19 |
Output CGST A/c |
|
1,425 |
Apr 06 |
Input SGST A/c |
|
1,200 |
||
Apr 19 |
Output SGST A/c |
|
1,425 |
Apr 08 |
Machinery A/c |
|
4,000 |
||
|
|
|
Apr 12 |
Repairs A/c |
|
1,900 |
|||
|
|
|
Apr 12 |
Input CGST A/c |
|
114 |
|||
|
|
|
Apr 12 |
Input SGST A/c |
|
114 |
|||
|
|
|
Apr 15 |
Wages A/c |
|
15,000 |
|||
|
|
|
Apr 15 |
Postage A/c |
|
150 |
|||
|
|
|
Apr 15 |
Stationery A/c |
|
2,700 |
|||
|
|
|
Apr 15 |
Input CGST A/c |
|
162 |
|||
|
|
|
Apr 15 |
Input SGST A/c |
|
162 |
|||
|
|
|
Apr 24 |
Drawings A/c |
|
350 |
|||
|
|
|
Apr 26 |
Drawings A/c |
|
1,800 |
|||
|
|
|
Apr 30 |
Rent A/c |
|
2,000 |
|||
|
|
|
Apr 30 |
Input CGST A/c |
|
120 |
|||
|
|
|
Apr 30 |
Input SGST A/c |
|
120 |
|||
|
|
|
Apr 30 |
Balance c/d |
|
35,508 |
|||
|
|
86,600 |
|
|
86,600 |
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FAQ: TS Grewal Class 11 Accountancy Solutions Chapter 8 – Special Purpose Books 2 Cash Book
Can I download TS Grewal Class 11 Accountancy Solutions Chapter 8 – Special Purpose Books 2 Cash Book PDF free?
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Is TS Grewal Class 11 Accountancy Solutions Chapter 8 – Special Purpose Books 2 Cash Book PDF open on my smartphone?
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Is cash book a special-purpose book?
Special Purpose Books-Cash Book. Business transactions are first recorded in Journal and then posted into a Ledger. It, thus, becomes difficult to record all of them in one book of primary entry.
What is a purchase book Class 11?
The purchase book is a Subsidiary book. The Purchase book or Purchase day book contains the record of all credit-purchase. Cashbook accommodates the records of all goods-purchase. A Purchase book does not hold the record of purchases of assets.