Double Entry Book Keeping Ts Grewal 2018 Solutions for Class 11 Commerce Accountancy Chapter 7 Special Purpose Books I Cash Book are provided here with simple step-by-step explanations. These solutions for Special Purpose Books I Cash Book are extremely popular among Class 11 Commerce students for Accountancy Special Purpose Books I Cash Book 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 7 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 Class 11 Commerce Accountancy are prepared by experts and are 100% accurate.
Page No 10.40:
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
|
||||
|
|
|
|
|
Page No 10.40:
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
|
||
|
|
|
|
|
|
|
|
Page No 10.40:
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
|
||||
|
|
|
|
|
Page No 10.41:
Question 4:
Prepare Simple Cash Book from the following transactions of Simran, Delhi:
2018 | ₹ | 2018 | ₹ | |||||||
March 1 | Ms. Simran commenced business with cash |
65,000 | March 17 | Paid for miscellaneous expenses | 450 |
|||||
March 3 | Bought goods for cash, CGST and SGST paid @ 6% cash | 6,850 |
March 19 | Received cash from Mr.Trilok Chand | 4,850 |
|||||
March 4 | Paid cash to Mr. Mohan | 950 | March 22 | Purchased goods, CGST and SGST paid @ 6% each |
2,500 |
|||||
March 6 | Deposited in Bank | 40,000 | March 22 | Paid salary | 4,000 | |||||
March 6 | Paid for office furniture in cash, CGST and SGST paid @ 6% each |
4,650 | March 25 | Paid rent, CGST and SGST paid @ 6% each |
900 |
|||||
March 9 | Sold goods for cash charged CGST and SGST @ 6% each |
30,000 |
March 28 |
Paid electricity bill |
350 |
|||||
March 12 | Paid wages in cash | 1,200 | March 29 | Paid for advertising, CGST and SGST paid @ 6% each |
400 |
|||||
March 13 | Paid for Stationery, CGST and SGST paid @ 6% each |
400 | March 31 |
Paid into bank |
25,000 | |||||
March 15 | Sold goods for cash, charged CGST and SGST @ 6% each |
25,000 |
||||||||
Answer:
Books of Ganesh Lal
Cash Book
|
|||||||||
Dr. |
|
Cr.
|
|||||||
Date
|
Particulars
|
L.F.
|
Amount
(₹)
|
Date
|
Particulars
|
L.F.
|
Amount
(₹)
|
||
2018
|
|
2018
|
|
||||||
Mar.01
|
Capital |
|
65,000
|
Mar.03
|
Purchases |
|
6,850
|
||
Mar.09 | Sales | 30,000 | Mar.03 | Input CGST | 411 | ||||
Mar.09 | Output CGST | 1,800 | Mar.03 | Input SGST | 411 | ||||
Mar.09
|
Output CGST |
|
1,800
|
Mar.04
|
Mr. Mohan |
|
950
|
||
Mar.15
|
Sales |
|
25,000
|
Mar.06
|
Bank |
|
40,000
|
||
Mar.15
|
Output CGST |
|
1,500
|
Mar.06
|
Office Furniture |
|
4,650
|
||
Mar.15 | Output CGST | 1,500 | Mar.06 | Input CGST | 279 | ||||
Mar.19 | Mr. Trilok Chand | 4,850 | Mar.06 | Input SGST | 279 | ||||
|
|
Mar.12
|
Wages |
|
1,200
|
||||
|
|
Mar.13
|
Stationery |
|
400
|
||||
Mar.13 | Input CGST | 24 | |||||||
Mar.13 | Input SGST | 24 | |||||||
|
|
Mar.17
|
Miscellaneous Expenses |
|
450
|
||||
|
|
Mar.22
|
Purchases |
|
2,500
|
||||
Mar.22 | Input CGST | 150 | |||||||
Mar.22 | Input SGST | 150 | |||||||
|
|
Mar.22
|
Salary |
|
4,000
|
||||
|
|
Mar.25
|
Rent |
|
900
|
||||
Mar.25 | Input CGST | 54 | |||||||
Mar.25 | Input SGST | 54 | |||||||
|
|
Mar.28
|
Electricity Bill |
|
350
|
||||
|
|
Mar.29
|
Advertising |
|
400
|
||||
Mar.29 | Input CGST | 24 | |||||||
Mar.29 | Input SGST | 24 | |||||||
|
|
Mar.31
|
Bank |
|
25,000
|
||||
|
|
Mar.31
|
Balance c/d |
|
41,916
|
||||
|
1,31,450
|
|
|
1,31,450
|
|||||
|
|
|
|
Page No 10.41:
Question 5:
From the following prepare Single Column Cash Book of Suresh, Chennai and post them into ledger accounts:
|
|
|
||
2018 | ₹ | |||
April 1 | Cash in Hand | 6,400 | ||
April 3 | Received Cash from Anupama | 1,00,000 | ||
April 4 | Paid into Bank | 80,000 | ||
April 5 | Received from Bhumika as commission ₹ 6,000 plus CGST and SGST @ 6% each | |||
April 6 | Paid Wages | 30,000 | ||
April 7 | Withdrawn from Bank for expenses | 30,000 | ||
April 8 | Purchased goods from Ashok on credit of ₹ 10,000 plus CGST ans SGST @ 6% each | |||
April 9 | Cash sales of ₹ 10,000 charged CGST and SGST @ 6% each | |||
April 11 | Drew Cash for domestic purposes | 10,000 | ||
April 12 | Purchased furniture for ₹ 4,000 plus CGST and SGST @ 6% each | |||
April 13 | Paid to Ruma | 1,200 | ||
April 14 | Paid to Ganguly Brothers for office fan ₹ 1,500 plus CGST and SGST @ 6% each | |||
April 15 | Paid own life insurance premium from office cash | 800 | ||
April 16 | Purchased stationery ₹ 1,000 plus CGST and SGST @ 6% each | |||
April 17 | Paid office expenses | 500 | ||
April 18 | Remitted to Raman | 900 | ||
April 19 | Paid electricity charges | 100 | ||
April 20 | Received interest from Gupta &Co. | 500 | ||
April 30 |
Deposited all cash into bank in excess of |
2,000 |
||
Answer:
Cash Book
|
|||||||||
Dr. |
Cr.
|
||||||||
Date
|
Particulars
|
L.F.
|
Cash
(₹)
|
Date
|
Particulars
|
L.F.
|
Cash
(₹)
|
||
2018
|
|
|
2018
|
|
|
||||
Apr 01
|
Balance b/d |
|
6,400
|
Apr 04
|
Bank A/c |
|
80,000
|
||
Apr 03
|
Anupama A/c |
|
1,00,000
|
Apr 06
|
Wages A/c |
|
30,000
|
||
Apr 05
|
Commission A/c |
|
6,000
|
Apr 11
|
Drawings A/c |
|
10,000
|
||
Apr 05
|
Output CGST A/c |
|
360
|
Apr 12
|
Furniture A/c |
|
4,000
|
||
Apr 05
|
Output SGST A/c |
|
360
|
Apr 12
|
Input CGST A/c |
|
240
|
||
Apr 07
|
Bank A/c |
|
30,000
|
Apr 12
|
Input SGST A/c |
|
240
|
||
Apr 09
|
Sales A/c |
|
10,000
|
Apr 13
|
Rama A/c |
|
1,200
|
||
Apr 09
|
Output CGST A/c |
|
600
|
Apr 14
|
Office Fan A/c |
|
1,500
|
||
Apr 09
|
Output SGST A/c |
|
600
|
Apr 14
|
Input CGST A/c |
|
90
|
||
Apr 20
|
Interest A/c |
|
500
|
Apr 14
|
Input SGST A/c |
|
90
|
||
|
|
|
Apr 15
|
Drawings A/c |
|
800
|
|||
|
|
|
Apr 16
|
Stationery A/c |
|
1,000
|
|||
|
|
|
Apr 16
|
Input CGST A/c |
|
60
|
|||
|
|
|
Apr 16
|
Input SGST A/c |
|
60
|
|||
|
|
|
Apr 17
|
Office Expenses A/c |
|
500
|
|||
|
|
|
Apr 18
|
Raman A/c |
|
900
|
|||
|
|
|
Apr 19
|
Electricity Charges A/c |
|
100
|
|||
|
|
|
Apr 30
|
Bank A/c |
|
22,040
|
|||
|
|
|
Apr 30
|
Balance c/d |
|
2,000
|
|||
|
|
1,54,820
|
|
|
1,54,820
|
||||
|
|
|
|
|
Page No 10.41:
Question 6:
Without Goods and Services Tax (GST)
Record the following transactions in Double Columns Cash Book and balance the book on 31st March, 2018:
2018 | ₹ | |||
March 1 | Cash in Hand | 12,750 | ||
Cash at Bank | 72,400 | |||
March 4 | Received from Asha cash ₹ 1,200 and a cheque for ₹ 3,200, allowed discount ₹ 400 | |||
March 7 | Paid salary to staff by cheque | 25,600 | ||
March 9 | Withdrawn cash from bank for office use | 21,900 | ||
March 12 | Interest paid by bank for office use | 1,200 | ||
March 16 | Purchased furniture in cash | 16,500 | ||
March 21 | Paid Mohan & Co. by cheque, discount received ₹100 | 10,900 | ||
March 24 | Proprietor withdrew from office cash for his personal use | 11,600 | ||
March 29 | Sold goods to Manoj for cash | 14,800 | ||
March 31 | Deposited office cash into bank |
21,200
|
Answer:
Cash Book
|
|||||||||||
Dr. |
|
Cr.
|
|||||||||
Date
|
Particulars
|
L.F.
|
Cash
(₹)
|
Bank
(₹)
|
Date
|
Particulars
|
L.F.
|
Cash
(₹)
|
Bank
(₹)
|
||
2018
|
|
|
|
2018
|
|
|
|
||||
Mar 01
|
Balance b/d |
|
12,750
|
72,400
|
Mar 07
|
Salary A/c |
|
|
25,600
|
||
Mar 04
|
Asha A/c |
|
1,200
|
3,200
|
Mar 09
|
Cash A/c |
C
|
|
21,900
|
||
Mar 09
|
Bank A/c |
C
|
21,900
|
|
Mar 16
|
Furniture A/c |
|
16,500
|
|
||
Mar 12
|
Bank Interest |
|
|
1,200
|
Mar 21
|
Mohan & Co. |
|
|
10,900
|
||
Mar 29
|
Sales A/c |
|
14,800
|
|
Mar 24
|
Drawings A/c |
|
11,600
|
|
||
Mar 31
|
Cash A/c |
C
|
|
21,200
|
Mar 31
|
Bank A/c |
C
|
21,200
|
|
||
|
|
|
|
|
Balance c/d |
|
1,350
|
39,600
|
|||
|
|
50,650
|
98,000
|
|
|
50,650
|
98,000
|
||||
|
|
|
|
|
|
|
Page No 10.42:
Question 7:
Enter the following transactions in the Double Column Cash Book of M/s. Gupta Store:
2018 | ₹ | |
June 1 | Cash in Hand ₹ 800, Bank overdraft ₹ 5,700 | |
June 7 | Received a cheque from Bharati, discount allowed ₹ 150 | 3,250 |
June 9 | Deposited the above cheque into Bank | |
June 15 | Cheque received from Panna Lal | 1,200 |
June 20 | Bharati's cheque returned dishonoured | |
June 28 | Panna Lal's cheque was endorsed to Kamal | |
June 30 | Income tax paid by cheque | 150 |
Answer:
|
Cash Book
|
|
|||||||
Dr.
|
|
|
|
|
Cr.
|
||||
Date
|
Particulars
|
L.F.
|
Cash
(₹)
|
Bank
(₹)
|
Date
|
Particulars
|
L.F.
|
Cash
(₹)
|
Bank
(₹)
|
2018
|
|
|
|
2018
|
|
|
|
||
Jun. 01
|
Balance b/d |
|
800
|
|
Jun.01
|
Balance b/d (Overdraft) |
|
|
5,700
|
Jun. 09
|
Cheques in hand |
|
|
3,250
|
Jun.20
|
Cheques in hand |
|
|
3,250
|
Jun. 31 | Balance c/d (Overdraft) |
5,850
|
Jun.30 | Drawings A/c | 150 | ||||
|
|
|
|
Jun.30
|
Balance c/d |
|
800
|
|
|
|
|
800 | 9,100 |
|
1,050
|
9,100
|
|||
|
Journal
|
|
|||||
Date
|
Particulars
|
L.F.
|
Debit
Amount
(₹)
|
Credit
Amount (₹)
|
||
Jun.07
|
Cheque-in-hand A/c | Dr. |
3,250
|
|
||
|
To Bharti |
|
3,250
|
|||
|
(Cheque received from Bharti but not deposited the same day) |
|
|
|||
|
|
|
||||
Jun.15
|
Cheques-in-hand A/c | Dr. |
1,200
|
|
||
To Panna Lal |
|
1,200
|
||||
(Received cheque from Panna Lal) |
|
|
||||
|
|
|
||||
Jun.28
|
Kamal | Dr. |
1,200
|
|
||
To Cheques-in-hand A/c |
|
1,200
|
||||
(Cheque received from Panna Lal endorsed in favour of Kamal) |
|
|
||||
|
|
Page No 10.42:
Question 8:
Prepare Two-column Cash Book of Bimal, Lucknow from the following transactions:
2018 | ₹ | 2018 | ₹ | ||
June 1 | Cash Balance | 5,000 | June 21 | Drawn from Bank | 5,000 |
June 1 | Bank Balance | 17,500 | June 29 | Paid office salaries in cash | 4,000 |
June 5 |
Cash received from sale of shares |
5,000 |
June 30 |
Sold goods in cash for ₹ 8,000 plus CGST and SGST @ 6% each and banked the same | |
June 6 |
Cheque received as advance against sale, paid into bank |
50,000 | June 30 |
Paid rent by cheque including CGST and SGST @ 6% each | 1,120 |
June 7 | Paid S. Bose by cheque | 12,500 | June 30 | Paid into bank | 7,500 |
Discount received | 200 | ||||
June 9 | Paid wages in cash | 3,000 | |||
June 20 | Received a cheque from | ||||
A. Mukherji and sent to bank | 6,000 |
Answer:
|
Cash Book
|
|
|||||||
Dr. |
|
|
|
|
Cr.
|
||||
Date
|
Particulars
|
L.F.
|
Cash
(Rs)
|
Bank
(Rs)
|
Date
|
Particulars
|
L.F.
|
Cash
(Rs)
|
Bank
(Rs)
|
2018
|
|
2018
|
|
|
|
||||
June 01
|
Balance b/d |
|
5,000 | 17,500 |
|
||||
June 05
|
Investment |
|
5,000 |
June 07
|
S. Bose |
|
|
12,500
|
|
June 06
|
Advances A/c |
|
50,000 |
June 09
|
Wages A/c |
|
3,000
|
|
|
June 20
|
A Mukherji |
|
6,000 |
June 21
|
Cash A/c |
C
|
|
5,000
|
|
June 21
|
Bank A/c |
C
|
5,000 |
June 29
|
Office Salaries A/c |
|
4,000
|
|
|
June 30
|
Sales A/c |
|
8,000 |
June 30
|
Rent A/c |
|
|
1,000
|
|
June 30 | Output CGST A/c | 480 | June 30 | Input CGST A/c | 60 | ||||
June 30 | Output SGST A/c | 480 | June 30 | Input SGST A/c | 60 | ||||
June 30
|
Cash A/c |
C
|
|
7,500 |
June 30
|
Bank A/c |
C
|
7,500
|
|
|
|
|
June 30
|
Balance c/d |
500
|
71,340
|
|||
|
|
|
|
|
|
|
|
||
|
|
15,000
|
89,960
|
|
6,500
|
89,960
|
|||
|
Page No 10.42:
Question 9:
Prepare Two-column Cash Book from the following transactions of Mani, Kochi;
2018 | |
March 1 | Cash in Hand ₹ 15,000; Cash at Bank ₹ 5,000 |
March 3 | Purchased goods for cash ₹ 6,720 including CGST and SGST @ 6% p.a; received discount of ₹ 220 |
March 5 | Deposited into bank ₹ 5,000 |
March 7 | Cash sales ₹ 10,000 plus CGST and SGST @ 6% each |
March 10 | Cash withdrawn from Bank for Office use ₹ 2,000 |
March 15 | Received three months post dated cheque of ₹ 20,000 from Raj and deposited in the bank on the same day, discounted from bank paying discounting charges ₹ 750 |
March 18 | Received cheque from Deepak for ₹ 5,000 (not banked), allowed discount ₹ 200 |
March 20 | Cheque received from Deepak deposited in Bank |
March 22 | Paid to Chandra by cheque ₹ 2,500; received discount ₹ 100 |
March 25 | Withdrew from bank for personal use ₹ 1,000 |
March 28 | Sold goods on credit to Ashok Mitra, Kolkata ₹ 10,000, charged IGST @ 12% |
March 30 | Purchased goods on credit from Chander, Delhi ₹ 20,000, paid IGST @ 12% |
March 31 | Received cheque from Ashok Mitra ₹ 5,000 and deposited in bank, allowed cash discount ₹ 200 |
Answer:
|
Cash Book
|
|
|||||||
Dr.
|
|
|
|
|
Cr.
|
||||
Date
|
Particulars
|
L.F.
|
Cash
(Rs)
|
Bank
(Rs)
|
Date
|
Particulars
|
L.F.
|
Cash
(Rs)
|
Bank
(Rs)
|
2018
|
|
|
|
2018
|
|
|
|
||
Mar. 01
|
Balance b/d |
15,000
|
5,000
|
Mar. 03
|
Purchases A/c |
5,780
|
|
||
Mar.05 | Cash A/c | C | 5,000 | Mar. 03 | Input CGST A/c | 360 | |||
Mar. 07 | Sales A/c | 10,000 | Mar. 03 | Input SGST A/c | 360 | ||||
Mar. 07
|
Output CGST A/c |
600
|
|
Mar. 05
|
Bank A/c | C |
5,000
|
|
|
Mar. 07
|
Output SGST A/c |
600
|
|
Mar. 10
|
Cash A/c | C |
|
2,000
|
|
Mar. 10
|
Bank A/c | C |
2,000
|
|
Mar. 22
|
Chandra |
|
2,500
|
|
Mar. 15 | Raj | 19,250 |
Mar. 25
|
Drawings A/c |
|
1,000
|
|||
|
(Cheques-in-hand) |
|
|
Mar. 31 | Balance c/d | 16,700 | 33,750 | ||
Mar. 20
|
Cheques in hand |
|
5,000
|
|
|
|
|||
Mar. 31
|
Ashok Mitra |
|
5,000
|
|
|
|
|||
|
|
|
|
|
|
||||
|
|
28,200
|
39,250
|
|
28,200
|
39,250
|
|||
|
|
Note: Accordong to our calculations, the closing balances of Cash Column and Bank Column are 16,700 and 33,750 respectively. However, according to Text Book the closing balances are 14,700 and 33,750 respectively.
Journal
|
|
|||||
Date
|
Particulars
|
L.F.
|
Debit
Amount
Rs
|
Credit
Amount Rs
|
||
Mar. 18
|
Cheques-in-hand A/c
|
Dr.
|
|
5,000
|
|
|
|
To Deepak
|
|
|
|
5,000
|
|
|
(Cheque received from Deepak but not deposited the same day)
|
|
|
|
|
|
Mar. 30 |
Ashok Mitra |
Dr. |
|
11,200 |
|
Page No 10.43:
Question 10:
Prepare Two-column Cash Book of Vinod, Delhi from the following transactions:
|
|
|
||
2017 | ₹ | |||
Oct. 1 | Cash in Hand | 25,000 | ||
Oct. 1 | Cash at Bank | 75,000 | ||
Oct. 7 | Bought goods for ₹ 15,000 plus IGST @ 12% against cheque | |||
Oct. 8 | Bought goods for ₹ 5,000 plus CGST and SGST @ 6% each | |||
Oct. 10 | Honoured our own acceptance by cheque | 5,000 | ||
Oct. 14 | Paid petty expenses | 150 | ||
Oct. 18 | Ramesh who owed ₹ 5,000 became bankrupt and paid us 50 paise in a rupee | |||
Oct. 20 | Received cash from Manohar | 7,500 | ||
Allowed discount | 250 | |||
Oct. 23 | Withdrew from bank | 4,000 | ||
Oct. 24 | Paid to Ghanshyamdas & Co. | 3,000 | ||
Received discount | 100 | |||
Oct. 25 | Withdrew from bank for personal expenses | 3,000 | ||
Oct. 27 | Sold goods for ₹ 11,000 plus CGST and SGST @ 6% against cash | |||
Oct. 28 | Received cheque for goods sold for ₹ 9,000 plus CGST and SGST @ 6% each | |||
Oct. 29 |
Received repayment of a loan of ₹ 5,000 and deposited ₹ 3,000 out of it |
|
||
Answer:
Cash Book
|
|||||||||||
Dr. |
Cr.
|
||||||||||
Date
|
Particulars
|
L.F.
|
Cash
(₹)
|
Bank
(₹)
|
Date
|
Particulars
|
L.F.
|
Cash
(₹)
|
Bank
(₹)
|
||
2018
|
|
|
|
2018
|
|
|
|
||||
Oct 01
|
Balance b/d |
|
25,000
|
75,000
|
Oct 01
|
Purchases A/c |
|
|
15,000
|
||
Oct 18
|
Ramesh A/c |
|
2,500
|
|
Oct 01
|
Input IGST A/c |
|
|
1,800
|
||
Oct 20
|
Manohar A/c |
|
7,500
|
|
Oct 08
|
Purchases A/c |
|
5,000
|
|
||
Oct 23
|
Bank A/c |
C
|
4,000
|
|
Oct 08
|
Input CGST A/c |
|
300
|
|
||
Oct 27
|
Sales A/c |
|
11,000
|
|
Oct 08
|
Input SGST A/c |
|
300
|
|
||
Oct 27
|
Output CGST A/c |
|
660
|
|
Oct 10
|
Bills Payable A/c |
|
|
5,000
|
||
Oct 27
|
Output SGST A/c |
|
660
|
|
Oct 14
|
Petty Expenses A/c |
|
150
|
|
||
Oct 28
|
Sales A/c |
|
|
9,000
|
Oct 23
|
Cash A/c |
|
|
4,000
|
||
Oct 28
|
Output CGST A/c |
|
|
540
|
Oct 24
|
Ghanshyamdas & Co. A/c |
|
3,000
|
|
||
Oct 28
|
Output SGST A/c |
|
|
540
|
Oct 25
|
Drawings A/c |
|
|
3,000
|
||
Oct 29
|
Loan A/c |
|
2,000
|
3,000
|
Oct 31
|
Balance c/d |
|
44,570
|
59,280
|
||
|
|
53,320
|
88,080
|
|
|
53,320
|
88,080
|
||||
|
|
|
|
|
|
|
Page No 10.43:
Question 11:
Enter the following transactions in the Cash Book of Chandrika of Chandigarh:
|
|
|
||
2018 | ₹ | |||
Jan 1 | Chandrika commences business with cash | 1,00,000 | ||
Jan 3 | She opened a Bank Current Account with her Savings Account cheque | 19,00,000 | ||
Jan 4 | She receives cheque from Kirti & Co. on account | 60,000 | ||
Jan 7 | She pays into Bank Kirti & Co.'s cheque | 60,000 | ||
Jan 10 | She advanced Ratan & Co. by cheque | 35,000 | ||
Jan 12 | Tripathi & Co. pays into her Bank A/c | 47,500 | ||
Jan 15 | She receives cheque from Warsi and allows him discount ₹ 3,500 | 45,000 | ||
Jan 20 | She receives cash ₹ 7,500 and cheque ₹ 10,000 from Kalyan against credit balance | |||
Jan 25 | She pays int Bank, including cheques received on 15th and 20th January | 1,00,000 | ||
Jan 27 | She pays by cheque for purchases of ₹ 27,500 plus CGST and SGST @ 6% each | |||
Jan 28 | Cheque received from Warsi was dishonoured | |||
Jan 30 | She pays sundry expenses in cash | 50 | ||
Jan 30 | She pays John & Co. in cash and is allowed discount ₹ 3,500 | 37,500 | ||
Jan 31 | She pays office rent ₹ 20,000 plus CGST and SGST @ 6% each by cheque | |||
Jan 31 | She draws a cheque for office use | 40,000 | ||
Jan 31 | She pays staff salaries by cheque | 30,000 | ||
Jan 31 | She pays cash for stationery ₹ 2,500 plus CGST and SGST @ 6% each | |||
Jan 31 | She purchases goods for cash ₹ 12,500 plus CGST and SGST @ 6% each | |||
Jan 31 | She pays Jagpal by cheque for commission ₹ 30,000 plus CGST and SGST @ 6% each | |||
Jan 31 | She receives cheque for commission of ₹50,000 plus CGST and SGST @ 6% each from Raghubir & Co. and pays the same into bank | |||
Jan 31 |
Cash sales ₹ 45,000 plus CGST and SGST @ 6% each |
|
||
Answer:
Cash Book
|
|||||||||||
Dr. |
|
Cr.
|
|||||||||
Date
|
Particulars
|
L.F.
|
Cash
(₹)
|
Bank
(₹)
|
Date
|
Particulars
|
L.F.
|
Cash
(₹)
|
Bank
(₹)
|
||
2018
|
|
|
|
2018
|
|
|
|
||||
Jan 01
|
Capital A/c |
|
1,00,000
|
|
Jan 10
|
Loan A/c |
|
|
35,000
|
||
Jan 03
|
Capital A/c |
|
|
19,00,000
|
Jan 25
|
Bank A/c |
C
|
45,000
|
|
||
Jan 07
|
Cheques in Hand A/c |
|
|
60,000
|
Jan 27
|
Purchases A/c |
|
|
27,500
|
||
Jan 12
|
Tripathi & Co. |
|
|
47,500
|
Jan 27
|
Input CGST A/c |
|
|
1,650
|
||
Jan 20
|
Kalyan A/c |
|
7,500
|
|
Jan 27
|
Input SGST A/c |
|
|
1,650
|
||
Jan 25
|
Cheques in Hand A/c |
|
|
55,000
|
Jan 28
|
Warsi A/c |
|
|
45,000
|
||
Jan 25
|
Cash A/c |
C
|
|
45,000
|
Jan 30
|
Sundry Expenses A/c |
|
50
|
|
||
Jan 31
|
Bank A/c |
C
|
40,000
|
|
Jan 30
|
John & Co A/c |
|
37,500
|
|
||
Jan 31
|
Commission A/c |
|
|
50,000
|
Jan 31
|
Office Rent A/c |
|
|
20,000
|
||
Jan 31
|
Output CGST A/c |
|
|
3,000
|
Jan 31
|
Input CGST A/c |
|
|
1,200
|
||
Jan 31
|
Output SGST A/c |
|
|
3,000
|
Jan 31
|
Input SGST A/c |
|
|
1,200
|
||
Jan 31
|
Sales A/c |
|
45,000
|
|
Jan 31
|
Cash A/c |
|
|
40,000
|
||
Jan 31
|
Output CGST A/c |
|
2,700
|
|
Jan 31
|
Salaries A/c |
|
|
30,000
|
||
Jan 31
|
Output SGST A/c |
|
2,700
|
|
Jan 31
|
Stationery A/c |
|
2,500
|
|
||
|
|
|
|
Jan 31
|
Input CGST A/c |
|
150
|
|
|||
|
|
|
|
Jan 31
|
Input SGST A/c |
|
150
|
|
|||
|
|
|
|
Jan 31
|
Purchases A/c |
|
12,500
|
|
|||
|
|
|
|
Jan 31
|
Input CGST A/c |
|
750
|
|
|||
|
|
|
|
Jan 31
|
Input SGST A/c |
|
750
|
|
|||
|
|
|
|
Jan 31
|
Commission A/c |
|
|
30,000
|
|||
|
|
|
|
Jan 31
|
Input CGST A/c |
|
|
1,800
|
|||
|
|
|
|
Jan 31
|
Input SGST A/c |
|
|
1,800
|
|||
|
|
|
|
|
Balance c/d |
|
98,550
|
19,26,700
|
|||
|
|
1,97,900
|
21,63,500
|
|
|
1,97,900
|
21,63,500
|
||||
|
|
|
|
|
|
|
Page No 10.44:
Question 12:
Enter the following transactions in Two-column Cash Book of Reema, Chandigarh and find out cash and bank balances:
|
|
|
||
2018 | ₹ | |||
April 1 | Cash balance ₹ 2,000, bank balance ₹ 24,500 | |||
April 2 | Cash sales ₹ 60,000 plus CGST and SGST @ 6% each | |||
April 5 | Deposited in Bank | 50,000 | ||
April 7 | Issued cheque to Sohan | 10,000 | ||
April 9 | Sold goods for cash ₹ 10,000 plus CGST and SGST @ 6% each | |||
April 12 | Received a cheque from National Insurance Co. Ltd. against claim lodged last year | 19,800 | ||
April 14 | Sold goods to Niraj of ₹ 25,000 plus CGST and SGST @ 6% each, received cash ₹10,000 and balance by cheque. Allowed him discount ₹500 | |||
April 16 | Purchased furniture for ₹10,000 plus CGST and SGST @ 6% each, paid for furniture by cheque | |||
April 18 | Sold old furniture for ₹ 10,000 plus CGST and SGST @ 6% each and received cash | |||
April 20 | Paid into bank cheque of Niraj and cash | 2,500 | ||
April 22 | Paid to Suman by cheque | 2,500 | ||
April 26 | Suman's cheque returned on technical ground and paid cash for equal amount | |||
April 28 | Bank charged its commission of ₹ 300 plus CGST and SGST @ 6% each | |||
April 29 | Bank paid insurance premium as per standing instructions | 2,500 | ||
April 30 |
Nigam paid into bank directly, intimation received on the same day |
5,000 |
||
Answer:
Cash Book
|
|||||||||||
Dr. |
|
Cr.
|
|||||||||
Date
|
Particulars
|
L.F.
|
Cash
(₹)
|
Bank
(₹)
|
Date
|
Particulars
|
L.F.
|
Cash
(₹)
|
Bank
(₹)
|
||
2018
|
|
|
|
2018
|
|
|
|
||||
Apr 01
|
Balance b/d |
|
2,000
|
24,500
|
Apr 05
|
Bank A/c |
C
|
50,000
|
|
||
Apr 02
|
Sales A/c |
|
60,000
|
|
Apr 07
|
Sohan A/c |
|
|
10,000
|
||
Apr 02
|
Output CGST A/c |
|
3,600
|
|
Apr 16
|
Furniture A/c |
|
|
10,000
|
||
Apr 02
|
Output SGST A/c |
|
3,600
|
|
Apr 16
|
Input CGST A/c |
|
|
600
|
||
Apr 05
|
Cash A/c |
C
|
|
50,000
|
Apr 16
|
Input SGST A/c |
|
|
600
|
||
Apr 09
|
Sales A/c |
|
10,000
|
|
Apr 20
|
Bank A/c |
C
|
2,500
|
|
||
Apr 09
|
Output CGST A/c |
|
600
|
|
Apr 22
|
Suman A/c |
|
|
2,500
|
||
Apr 09
|
Output SGST A/c |
|
600
|
|
Apr 26
|
Suman A/c |
|
2,500
|
|
||
Apr 12
|
National Insurance Co. Ltd. |
|
|
19,800
|
Apr 28
|
Commission A/c |
|
|
300
|
||
Apr 14
|
Sales A/c |
|
7,000
|
|
Apr 28
|
Input CGST A/c |
|
|
18
|
||
Apr 14
|
Output CGST A/c |
|
1,500
|
|
Apr 28
|
Input SGST A/c |
|
|
18
|
||
Apr 14
|
Output SGST A/c |
|
1,500
|
|
Apr 29
|
Insurance Premium A/c |
|
|
2,500
|
||
Apr 18
|
Old Furniture A/c |
|
10,000
|
|
Apr 30
|
Balance c/d |
|
46,600
|
95,264
|
||
Apr 18
|
Output CGST A/c |
|
600
|
|
|
|
|
|
|||
Apr 18
|
Output SGST A/c |
|
600
|
|
|
|
|
|
|||
Apr 20
|
Cheques in Hand A/c |
|
|
17,500
|
|
|
|
|
|||
Apr 20
|
Cash A/c |
C
|
|
2,500
|
|
|
|
|
|||
Apr 26
|
Suman A/c |
|
|
2,500
|
|
|
|
|
|||
Apr 30
|
Nigam A/c |
|
|
5,000
|
|
|
|
|
|||
|
|
1,01,600
|
1,21,800
|
|
|
1,01,600
|
1,21,800
|
||||
|
|
|
|
|
|
|
Page No 10.44:
Question 13:
Write the following transactions in the Cash Book of Premium Stores, Kolkata (Proprietor Amrit Kumar):
|
|
|
||
2018 | ₹ | |||
Jan 1 | Commenced business with cash | 50,000 | ||
Jan 2 | Opened Bank Account and deposited cash in bank | 20,000 | ||
Purchased goods in cash of ₹5,000 plus CGST and SGST @ 6% each | 5,000 | |||
Jan 4 | Paid wages | 500 | ||
Jan 6 | Cash sales of ₹2,000 plus CGST and SGST @ 6% each | 2,000 | ||
Purchased goods for ₹10,000 plus CGST and SGST @ 6% each for cash | ||||
Jan 10 |
Sold goods of ₹ 4,000 plus CGST and SGST @ 6% each and payment received by cheque which is deposited in Bank, allowed cash discount of ₹400 |
|||
Received from Amit | 5,900 | |||
Allowed him discount | 100 | |||
Jan 15 | Paid to Bhaskar | 2,800 | ||
Received discount | 200 | |||
Jan 18 | Purchased goods from Kanchan, Delhi of ₹10,000 plus IGST @ 12% | |||
Jan 20 | Goods were destroyed during transportation, Transport Company settled the claim for ₹10,000 in full | |||
Jan 27 | Received cheque from the transport company | 10,000 | ||
Jan 28 | Withdrew for office use | 5,000 |
Answer:
Cash Book
|
|||||||||||
Dr. |
Cr.
|
||||||||||
Date
|
Particulars
|
L.F.
|
Cash
(₹)
|
Bank
(₹)
|
Date
|
Particulars
|
L.F.
|
Cash
(₹)
|
Bank
(₹)
|
||
2018
|
|
|
|
2018
|
|
|
|
||||
Jan 01
|
Capital A/c |
|
50,000
|
|
Jan 02
|
Bank A/c |
C
|
20,000
|
|
||
Jan 02
|
Cash A/c |
C
|
|
20,000
|
Jan 02
|
Purchases A/c |
|
5,000
|
|
||
Jan 06
|
Sales A/c |
|
2,000
|
|
Jan 02
|
Input CGST A/c |
|
300
|
|
||
Jan 06
|
Output CGST A/c |
|
120
|
|
Jan 02
|
Input SGST A/c |
|
300
|
|
||
Jan 06
|
Output SGST A/c |
|
120
|
|
Jan 04
|
Wages A/c |
|
500
|
|
||
Jan 10
|
Sales A/c |
|
|
3,600
|
Jan 06
|
Purchases A/c |
|
10,000
|
|
||
Jan 10
|
Output CGST A/c |
|
|
240
|
Jan 06
|
Input CGST A/c |
C
|
600
|
|
||
Jan 10
|
Output SGST A/c |
|
|
240
|
Jan 06
|
Input SGST A/c |
|
600
|
|
||
Jan 10
|
Amit A/c |
|
5,900
|
|
Jan 15
|
Bhaskar A/c |
|
2,800
|
|
||
Jan 27
|
Transport Co. |
|
|
10,000
|
Jan 28
|
Cash A/c |
C
|
|
5,000
|
||
Jan 28
|
Bank A/c |
C
|
5,000
|
|
Jan 31
|
Balance c/d |
|
23,040
|
29,080
|
||
|
|
63,140
|
34,080
|
|
|
63,140
|
34,080
|
||||
|
|
|
|
|
|
|
Page No 10.45:
Question 14:
Record the following transactions in Two-column Cash Book of Ripple, Delhi:
2018 | ₹ | |
March 1 | Cash balance | 25,000 |
Bank balance | 20,000 | |
March 4 | Paid insurance premium by cheque | 14,200 |
March 7 |
Cash purchases of goods of ₹ 15,000 plus CGST and SGST @ 6% each Received cash discount of 3% of purchase cost of goods |
|
March 8 | Cash sale of ₹ 15,000 plus CGST and SGST @ 6% each | |
Allowed cash discount @ 2% of sale value of goods | ||
March 10 | Cash deposited into bank | 15,000 |
March 11 | Telephone bill paid by cheque, including CGST and SGST @ 6% each | 2,240 |
March 14 | Withdrew from bank for personal use | 6,000 |
March 15 | Withdrew from bank for official use | 14,500 |
March 20 | Received cheque from Dinesh in full settlement of ₹ 11,000 and deposited the same into bank | 10,700 |
March 23 | Cash received from Mohan | 6,850 |
Discount allowed | 150 | |
March 24 | Stationery purchased for cash, including CGST and SGST @ 6% each | 1,120 |
March 24 | Cheque received from Gupta, allowed him discount ₹ 250 | 4,500 |
March 28 | Cheque received from Gupta deposited into bank | 4,500 |
March 31 | Cheque deposited on March 28 dishonoured and returned by the bank | |
March 31 | Rent paid by cheque, including CGST and SGST @ 6% each | 4,480 |
March 31 | Paid cash for postage | 220 |
March 31 | Paid wages to watchman in cash | 3,000 |
Answer:
Dr. |
|
|
|
|
Cr.
|
||||
Date
|
Particulars
|
L.F.
|
Cash
(₹)
|
Bank
(₹)
|
Date
|
Particulars
|
L.F.
|
Cash
(₹)
|
Bank
(₹)
|
2018 |
|
|
2018 |
|
|
||||
Mar.01 | Balance b/d | 25,000 |
20,000
|
Mar.04 | Insurance Premium A/c | 14,200 | |||
Mar.08 | Sales A/c | 14,700 |
|
Mar.07 | Purchases A/c | 14,550 | |||
Mar.08 | Output CGST A/c | 900 | Mar.07 | Inpurt CGST A/c | 900 | ||||
Mar.08 | Output SGST A/c | 900 | Mar.07 | Input SGST A/c | 900 | ||||
Mar.10 | Cash A/c |
C
|
15,000
|
Mar.10 | Bank A/c |
C
|
15,000 | ||
Mar.15 | Bank A/c |
C
|
14,500 |
|
Mar.11 | Telephone Bill |
|
2,000 | |
Mar.11 | Inpurt CGST A/c | 120 | |||||||
Mar.11 | Input SGST A/c | 120 | |||||||
Mar.20 | Dinesh |
|
10,700
|
Mar.14 | Drawings A/c |
|
6,000 | ||
Mar.23 | Mohan |
|
6,850 |
|
Mar.15 | Cash A/c |
C
|
14,500 | |
Mar.28 | Cheque-in-hand A/c |
|
4,500
|
Mar.24 | Stationery | 1,000 | |||
Mar.24 | Inpurt CGST A/c | 60 | |||||||
Mar.24 | Input SGST A/c | 60 | |||||||
|
|
|
Mar.31 | Gupta | 4,500 | ||||
|
|
|
|
Mar.31 | Rent A/c | 4,000 | |||
Mar.31 | Inpurt CGST A/c | 240 | |||||||
Mar.31 | Input SGST A/c | 240 | |||||||
|
|
|
|
Mar.31 | Postage A/c | 220 | |||
|
|
|
|
Mar.31 | Wages to Watchman | 3,000 | |||
|
|
|
|
Mar.31 | Balance c/d |
27,160
|
4,280 | ||
|
|
62,850
|
50,200
|
62,850
|
50,200
|
||||
|
Page No 10.45:
Question 15:
Enter the following transactions in Two-column Cash Book of Gaurav, Delhi:
|
|
|
||
2018 | ₹ | |||
April 1 | Opening Balance of Cash in Hand | 1,00,000 | ||
Opening Balance of Bank Overdraft | 5,00,000 | |||
April 2 | Sold goods for cash, including CGST and SGST @ 6% each | 4,48,000 | ||
April 3 | Sold goods including CGST and SGST @ 6% each against cheque and paid into bank the same day | 3,36,000 | ||
April 5 | Sold goods to Reema, including IGST @ 12% | 1,12,000 | ||
April 6 | Ram paid by cheque | 78,000 | ||
Discount allowed | 2,000 | |||
April 7 | Bought goods from Rahul, Gurugram for ₹48,000 plus CGST and SGST @ 6% each and paid him by cheque | 44,800 | ||
Salary paid to staff by cheque | 2,20,000 | |||
April 10 | Deposited into bank | 3,10,000 | ||
April 11 | Received a cheque from Suresh and paid into bank | 1,28,000 | ||
Discount allowed | 1,500 | |||
April 15 | Received from R. Kumar a cheque for a full settlement of his account for ₹1,95,000 | 1,87,500 | ||
April 18 | Paid wages in cash | 30,000 | ||
April 20 | Bank charges, including CGST and SGST @ 6% each | 5,600 | ||
April 22 | Withdrew from bank for office use | 1,00,000 | ||
Withdrew from Bank for personal use | 1,20,000 | |||
April 25 | Paid electricity bill by cheque | 31,500 | ||
Issued a cheque in favour of Sudha as advance for purchase of house of Gaurav | 2,00,000 | |||
April 26 | Received a cheque from Amar | 58,200 | ||
Allowed discount to him | 1,800 | |||
April 28 | Cheque received from Amar sent to bank | |||
April 30 | Bank collected interest received on investments | 15,000 | ||
Paid rent for the month of May, 2018, including CGST and SGST @ 6% each |
22,400 |
|||
Answer:
Cash Book
|
|||||||||||
Dr. |
|
Cr.
|
|||||||||
Date
|
Particulars
|
L.F.
|
Cash
(₹)
|
Bank
(₹)
|
Date
|
Particulars
|
L.F.
|
Cash
(₹)
|
Bank
(₹)
|
||
2018
|
|
|
|
2018
|
|
|
|
||||
Apr 01
|
Balance b/d |
|
1,00,000
|
|
Apr 01
|
Balance b/d |
|
|
5,00,000
|
||
Apr 02
|
Sales A/c |
|
4,00,000
|
|
Apr 07
|
Purchases A/c |
|
|
40,000
|
||
Apr 02
|
Output CGST A/c |
|
24,000
|
|
Apr 07
|
Input CGST A/c |
|
|
2,400
|
||
Apr 02
|
Output SGST A/c |
|
24,000
|
|
Apr 07
|
Input SGST A/c |
|
|
2,400
|
||
Apr 03
|
Sales A/c |
|
|
3,00,000
|
Apr 07
|
Salary A/c |
|
|
2,20,000
|
||
Apr 03
|
Output CGST A/c |
|
|
18,000
|
Apr 10
|
Bank A/c |
C
|
3,10,000
|
|
||
Apr 03
|
Output SGST A/c |
|
|
18,000
|
Apr 18
|
Wages A/c |
|
30,000
|
|
||
Apr 06
|
Ram A/c |
|
|
78,000
|
Apr 20
|
Bank Charges A/c |
|
|
5,000
|
||
Apr 10
|
Cash A/c |
C
|
|
3,10,000
|
Apr 20
|
Input CGST A/c |
|
|
300
|
||
Apr 11
|
Suresh A/c |
|
|
1,28,500
|
Apr 20
|
Input SGST A/c |
|
|
300
|
||
Apr 15
|
R. Kumar A/c |
|
|
1,87,500
|
Apr 22
|
Cash A/c |
C
|
|
1,00,000
|
||
Apr 22
|
Bank A/c |
C
|
1,00,000
|
|
Apr 22
|
Drawings A/c |
|
|
1,20,000
|
||
Apr 28
|
Cheques in Hand A/c |
|
|
58,200
|
Apr 25
|
Electricity A/c |
|
|
31,500
|
||
Apr 30
|
Interest on Investments A/c |
|
|
15,000
|
Apr 25
|
Drawings A/c |
|
|
2,00,000
|
||
Apr 30
|
Balance c/d |
|
|
1,08,700
|
Apr 30
|
Rent A/c |
|
20,000
|
|
||
|
|
|
|
Apr 30
|
Input CGST A/c |
|
1,200
|
|
|||
|
|
|
|
Apr 30
|
Input SGST A/c |
|
1,200
|
|
|||
|
|
|
|
Apr 30
|
Balance c/d |
|
2,85,600
|
|
|||
|
|
6,48,000
|
12,21,900
|
|
|
6,48,000
|
12,21,900
|
||||
|
|
|
|
|
|
|
Page No 10.46:
Question 16:
From the following information, prepare an Analytical Petty Cash Book:
2018 | ₹ | |
April 1 | Received for cash payment | 20,000 |
April 2 | Paid for postage | 1,600 |
April 5 | Paid for stationery | 1,000 |
April 8 | Paid for advertisement | 2,000 |
April 12 | Paid for wages | 800 |
April 16 | Paid for carriage | 600 |
April 20 | Paid for conveyance | 880 |
April 25 | Paid for travelling expenses | 3,200 |
April 27 | Paid for postage | 480 |
April 28 | Paid for office cleaning | 400 |
April 29 | Paid for telegram | 800 |
April 30 | Sent registered notice to landlord | 190 |
Answer:
Petty Cash Book
|
|||||||||||
Dr. |
|
Cr.
|
|||||||||
Receipts
|
Date
|
Voucher
No
|
Particulars
|
Total
Payments
(₹)
|
Postage
and Telegram
(₹)
|
Stationery
(₹)
|
Conveyance
and travelling Expenses (₹)
|
Carriage
(₹)
|
Sundries
(₹)
|
||
2018
|
|
|
|||||||||
20,000
|
April 01
|
Cash |
|
|
|
|
|
|
|||
April 02
|
Postage |
1,600
|
1,600
|
|
|
|
|
||||
April 05
|
Stationery |
1,000
|
|
1,000
|
|
|
|
||||
April 08
|
Advertisement |
2,000
|
|
|
|
|
2,000
|
||||
April 12
|
Wages |
800
|
|
|
|
|
800
|
||||
April 16
|
Carriage |
600
|
|
|
|
600
|
|
||||
April 20
|
Conveyance |
880
|
|
|
880
|
|
|
||||
April 25
|
Travelling Expenses |
3,200
|
|
|
3,200
|
|
|
||||
April 27
|
Postage |
480
|
480
|
|
|
|
|
||||
April 28
|
Office Cleaning |
400
|
|
|
|
|
400
|
||||
April 29
|
Telegram |
800
|
800
|
|
|
|
|
||||
April 30
|
Legal Charges |
190
|
190
|
|
|
|
|
||||
|
Balance c/d |
8,050
|
|
|
|
|
|
||||
20,000
|
20,000
|
3,070
|
1,000
|
4,080
|
600
|
3,200
|
|||||
|
|
|
|
|
|
Page No 10.46:
Question 17:
The following transactions took place during the week ended 28th May, 2018. How will you record them in the Petty Cash Book which was maintained with a weekly 'float' of ₹ 3,000?
2018 | ₹ | |
May 23 | Postage | 400 |
May 24 | Casual labour | 500 |
May 24 | Tax hire | 600 |
May 26 | Writing pads and registers | 800 |
May 27 | Cartage | 200 |
May 28 | Bus fare | 300 |
Answer:
Petty Cash Book
|
|||||||
Dr. |
|
Cr.
|
|||||
Amount
Received
|
Cash Book
Folio
|
Date
|
Particulars
|
Voucher
No
|
Amount paid
(₹)
|
||
2018 |
|
||||||
3,000
|
May 23 | Postage |
|
400
|
|||
|
May 24 | Casual Labour |
|
500
|
|||
|
May 24 | Taxi Hire |
|
600
|
|||
|
May 26 | Writing Pads and Registers |
|
800
|
|||
|
May 27 | Cartage |
|
200
|
|||
|
May 28 | Bus Fare |
|
300
|
|||
|
May 29 | Balance c/d |
|
200
|
|||
3,000
|
|
3,000
|
|||||
200
|
May 30 | Balance b/d |
|
|
|||
2,800
|
Cash |
|
|
Page No 10.46:
Question 18:
Sri R maintains a Columnar Petty Cash Book on the Imprest System. The imprest amount is ₹ 5,000. From the following information, show how his Petty Cash Book would appear for the week ended 12th September, 2017:
2016 | ₹ | |
Sept. 7 | Balance in Hand | 1,349 |
Received cash reimbursement to make up the imprest | ||
Postage | 123 | |
Stationery | 321 | |
Entertainment | 54 | |
Sept. 8 | Travelling and conveyance | 126 |
Miscellaneous expenses | 11 | |
Entertainment | 72 | |
Sept. 9 | Repairs | 1,567 |
Sept. 10 | Postage | 174 |
Entertainment | 127 | |
Travelling | 673 | |
Sept. 11 | Stationery | 41 |
Entertainment | 12 | |
Sept 12 | Miscellaneous expenses | 201 |
Travelling | 51 | |
Postage | 483 | |
Repairs | 30 |
Answer:
Books of Sri R
Petty Cash Book
|
|||||||||||
Dr. |
|
Cr.
|
|||||||||
Receipts
|
Date
|
Voucher
No
|
Particulars
|
Total Payments
(₹)
|
Postage
and Stationery
(₹)
|
Entertainment (₹)
|
Travelling and
Conveyance
(₹)
|
Repairs
(₹)
|
Expenses
(₹)
|
||
2017
|
|
|
|||||||||
1,349
|
Sep.07
|
Balance b/d |
|
|
|
|
|
|
|||
3,651
|
Sep.07
|
Cash |
|
|
|
|
|
|
|||
|
Sep.07
|
Postage |
123
|
123
|
|
|
|
|
|||
|
Sep.07
|
Stationery |
321
|
321
|
|
|
|
|
|||
|
Sep.07
|
Entertainment |
54
|
|
54
|
|
|
|
|||
|
Sep.08
|
Travelling and Conveyance |
126
|
|
|
126
|
|
|
|||
|
Sep.08
|
Miscellaneous Expenses |
11
|
|
|
|
|
11
|
|||
|
Sep.08
|
Entertainment |
72
|
|
72
|
|
|
|
|||
|
Sep.09
|
Repairs |
1,567
|
|
|
|
1,567
|
|
|||
|
Sep.10
|
Postage |
174
|
174
|
|
|
|
|
|||
|
Sep.10
|