Double Entry Book Keeping Ts Grewal 2018 Solutions for Class 11 Commerce Accountancy Chapter 4 Origin Of Transactions Source Documents And Preparation Of Vouchers are provided here with simple step-by-step explanations. These solutions for Origin Of Transactions Source Documents And Preparation Of Vouchers are extremely popular among class 11 Commerce students for Accountancy Origin Of Transactions Source Documents And Preparation Of Vouchers Solutions come handy for quickly completing your homework and preparing for exams. All questions and answers from the Double Entry Book Keeping Ts Grewal 2018 Book of class 11 Commerce Accountancy Chapter 4 are provided here for you for free. You will also love the ad-free experience on Meritnation’s Double Entry Book Keeping Ts Grewal 2018 Solutions. All Double Entry Book Keeping Ts Grewal 2018 Solutions for class 11 Commerce Accountancy are prepared by experts and are 100% accurate.

Page No 7.16:

Question 1:

The following transactions took place in M/s . Goodluck Computers. Prepare the Accounting Vouchers:

2018  
Jan. 1 Bought Computer Mouse (4 Nos.) vide Cash Memo No.338* 6,000
Jan. 8  Wages paid for the month of December, 2016 10,000
Jan. 12 Purchased two Desktop Computers from M/s. Computech for cash vide Cash Memo No. 170* 32,500
Jan. 25 Paid cash to Hari & Sons vide receipt No. 102 for repairs* 1,000
Jan. 28 Paid postage 200
Jan. 30 Cash withdrawn from bank 10,000

Transactions marked with * are subject to levy of CGST and SGST @ 6% each.

Answer:

(i)

(ii)

(iii)

(iv)

(v)

(vi)

Page No 7.16:

Question 2:

 Prepare the Accounting Vouchers for the following transactions:​

2018  
Jan. 1 Started business with cash ₹ 2,00,000
Jan. 1  Purchased furniture for ₹ 10,000 vide Cash Memo No. 210*
Jan. 5 Opened a Bank Account in Canara Bank with ₹ 60,000
Jan. 10 Purchased garments on credit from M/s. Madras Store for ₹ 20,000 vide Bill No. 291*
Jan. 12 Sold shirts to Ram Parkash on credit ₹ 5,000 vide Bill No. 1*
Jan. 15
Jan. 20
Jan. 27
Sold shirts for cash ₹ 7,000 vide Cash Memo No. 1*
Withdrew from bank for office use by cheque No. 23301 ₹ 20,000 Withdrew ₹ 5,000 for personal use by cheque No. 51003

Transactions marked with * are subject to levy of CGST and SGST @ 6% each.

Answer:

(i)

(ii)

(iii)

(iv)

(v) 

(vi)

(vii)

(viii)

Page No 7.16:

Question 3:

 Prepare the Vouchers to be recorded in the books of M/s. Computer Aids:

2018  
Jan. 1 Bought computer for resale for cash vide Cash Memo No. 512* 7,200
Jan. 8  Salary paid for the month of December, 2017 10,000
Jan. 10 Sold computer for cash vide Cash Memo No. 64* 12,000
Jan. 15 Withdraw cash from bank for office use vide cheque No.13456 1,700
     

Transactions marked with * are subject to levy of CGST and SGST @ 6% each.

Answer:

(i)

(ii)

(iii)

(iv)

 

Page No 7.16:

Question 4:

Prepare the Vouchers to be recorded in the books of M/s. Elegant Furnitures, New Delhi:

2018  
Jan. 1 Bought furniture from Modern Furniture for cash vide Cash Memo No. 241* 7,500
Jan. 8  Paid cash to Mani & Sons for purchase of 2 machines vide Cash Memo No. 1230* 5,000
Jan. 20 Paid for conveyance 150
Jan. 27 Sold old typewriter for cash vide cash receipt No. 314* 500
     

Tranactions marked with * are subject to levy of CGST and SGST @ 6% each.

Answer:

(i)



(ii)

(iii)

(iv)

Page No 7.16:

Question 5:

Prepare the Vouchers:

2018  
Jan. 5 Received cash from Wahi & Co. on account vide Cash receipt No. 551 10,000
Jan. 10 Commission received vide Cash receipt No. 520* 10,000
Jan. 15 Sold leather purses for cash vide Cash Memo Nos. 307-310* 6,000
Jan. 24 Sold two old machines vide Cash Memo No. 1560* 3,000
     

Transactions marked with * are subject to levy of CGST and SGST @ 6% each.

Answer:

(i)

(ii)

(iii)

(iv)

Page No 7.16:

Question 6:

Prepare the Transfer Vouchers from the books of Mangla Agencies, Faridabad, Haryana from the Source Vouchers:
 

2018  
Jan.7 Purchased goods from M/s. Eufora New Delhi vide Bill No. 912, paid IGST @ 12% 4,700
Jan. 11  Sold goods to M/s. Yardley, Faridabad, Haryana vide Bill No.
31596, charged CGST and SGST @ 6% each
5,000
Jan. 31 Depreciation charged on building @ 10% on ₹ 2,00,000 20,000
     

Answer:

(i)

(ii)

(iii)



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