TS Grewal Class 11 Accountancy Solutions Chapter 8 – Special Purpose Books 2 Cash Book 2021-22

TS Grewal Class 11 Accountancy Solutions Chapter 8 - Special Purpose Books 2 Cash Book

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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TS Grewal Class 11 Accountancy Solutions for Chapter 8

Access TS Grewal Class 11 Accountancy Solutions Chapter 8 – Special Purpose Books 2 Cash Book

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

We have included complete information regarding CBSE TS Grewal Class 11 Accountancy Solutions Chapter 8 – Special Purpose Books 2 Cash Book . If you have any questions feel free to ask in the comment section. 

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?

Yes, you can easily download TS Grewal Class 11 Accountancy Solutions Chapter 8 – Special Purpose Books 2 Cash Book Free PDF.

Is TS Grewal Class 11 Accountancy Solutions Chapter 8 – Special Purpose Books 2 Cash Book PDF open on my smartphone?

Yes, you can open TS Grewal Class 11 Accountancy Solutions Chapter 8 – Special Purpose Books 2 Cash Book PDF on any device.

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.

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