DK Goel Solutions Chapter 11 Books of Original Entry - Cash Book

DK Goel Accountancy Class 11 Solutions Chapter 11 Books of Original Entry – Cash Book which is outlined by expert Accountancy teachers from the latest version of DK Goel Class 11 Accountancy books. We at BYJU’S provide DK Goel Solutions to assist students to comprehend all the theories in particular. There are numerous concepts in Accountancy, but the concepts of Trial Balance, Depreciation and Bank Reconciliation Statement (BRS) are required.

DK Goel Accountancy Class 11 Solutions – Chapter 11

Question 1

Prepare a cash book and bank column from the following transactions.

2017

Particulars

June 1

June 2

June 5

June 15

June 16

June 17

June 25

June 28

June 30

Cash in Hand

Cash in Bank

Received a cheque for rent and paid it into the bank

Bought goods for ₹50,000, trade discount 20 %. Payment made by cheque (CGST 6%, CGST 6%)

Paid trade expense

Paid rent

Paid insurance charges

Sold goods for ₹80,000 trade discount 10%

(CGST 6%, SGST 6%) received a cheque for the same.

Received cheque from John & Co.

Purchased 100 National Plan Certificates for ₹100 each @ ₹95 each and paid for them by cheque

3,151

91,401

990

120

400

100

6000

Solution

Date

Particulars

Vr. No

LF

Cash

Bank

Date

Particulars

Vr No

LF

Cash

Bank

2017

June

2017

June

1

To Balance b/d

3,151

91,401

5

By Purchase A/c

40,000

2

To Rent A/c

990

By Input CGST A/c

2,400

27

To Sales A/c

72,000

By Input SGST A/c

2,400

27

To Output CGST A/c

4,320

By Trade Expenses A/c

120

27

To Output SGST A/c

4,320

By Rent A/c

400

28

To John & Co. (Note 1)

6,000

By Insurance Charges A/c

100

By National Plan

Certificates

9,500

Total Receipt

3,151

1,79,031

June 30

Total Receipt

By Balance b/d

620

2.531

54,300

1,24,731

3,151

1,79,031

3,151

1,79,031

July 1

To Balance b/d

2,531

1,24,731

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