Class 11 Accountancy Chapter 7 - Special Purpose Books 1 Cash Book

TS Grewal Solutions for Class 11 Accountancy Chapter 7:

TS Grewal Solutions for Class 11 Accountancy Chapter 7 – Special Purpose Books 1 Cash Book is a concept that students should consider while preparing for their Accountancy exam. Here, are few solutions rendered in a simple and stepwise method.

Class 11 TS Grewal Solutions Accountancy Chapter 7:-Download PDF Here

Board CBSE
Class Class 11
Subject Accountancy
Chapter Chapter 7
Chapter Name Special Purpose Books 1

Cash Book

Number of questions solved 7
Category TS Grewal

Chapter 7 – Special Purpose Books 1 Cash Book defines the below-mentioned concepts:

  • Prepare Cash Book
  • Single Column Cash Book
  • Double Column Cash Book
  • Two- Column Cash Book
  • Analytical Petty Cash Book

QUESTION 1

Without Goods and Services (GST) balance and record the below-mentioned transactions of Ms. Rupa, in a single column cash book.

2018

Jan 1

Jan 2

Jan 3

Jan 5

Jan 7

Jan 10

Jan 15

Jan 20

Jan 25

Jan 31

Rupa started a company with capital

Furniture purchased for cash

Goods purchased for cash

Paid Freight

Goods sold for cash

Paid to Ram

Good sold for cash

Paid wages

Goods purchased from Raju on credit

Rent paid by cheques

2,00,000

50,000

30,000

500

28,000

20,000

10,000

10,000

20,000

5,000

Solution.

Dr.

Cash Book

Cr.
Date Particulars L.F Cash

Rs.

Date Particulars L.F Cash

Rs.

Jan 1 Capital A/c 2,00,000 Jan 2 Furniture A/c 50,000
Jan 7 Sales A/c 28,000 Jan 3 Purchase A/c 30,000
Jan 15 Sales A/c 10,000 Jan 5 Freight A/c 500
Jan 10 Ram A/c 20,000
Jan 20 Wages A/c 10,000
Jan 31 Balance A/c 1,27,500
2,38,000 2,38,000

QUESTION 2

Arrange the simple cash book of a transaction for Mr. Suman, Karnataka.

2018 2018
April 1 Suma started a company with cash 80,000 April 17 Paid for Stationary 200
April 3 Goods bought 50,000 April 18 Paid for furniture in office 3,000
April 5 Goods sold for cash 40,000 April 21 Received from Kailash 6,800
April 6 Cash received from

Mohan

3,600 April 22 Advertising payment 1,000
April 9 Paid to the Bank 30,000 April 25 Paid for a postage stamp 80
April 13 Paid to Hari 2,150 April 28 Rent paid 1,120
April 30 Electricity charges paid 150

Solution.

Dr.  

Cash Book

Cr.
  Date

 2018

Particulars L.F Cash

Rs.

 Date

 2018

Particulars L.F Cash

Rs.

April 1 Capital A/c 80,000 April 3 Purchase A/c      50,000
April 5 Sales A/c 40,000 April 9 Bank A/c      30,000
April 6 Mr. Mohan  3,600 April 13 Hari A/c        2,150
April 21 Mr. Kailash  6,800 April 17 Stationery A/c           200
April 18 Office Furniture A/c        3,000
April 22 Advertising A/c        1,008
April 25 Postage Stamp A/c             80
April 28 Rent A/c        1,120
April 30 Electricity charge A/c            150
1,30,400 April 30 Balance c/d   1,30,400

QUESTION 3

Without (GST). Balance the book on 31st March 2018 and prepare a double column cash book for the following transaction.

2018

March 1

March 4

March 7

March 9

March 12

March 16

March 21

March 24

March 29

March 31

Cash in hand

Cash in Bank

Received cash from Asha₹1,200, a cheque for 3,200, discount ₹400

Salary paid to staff by cheque

Cash for office use

Paid Interest by the bank for office

Furniture purchased in cash

Paid Mohua by cheque, received discount ₹100

Owner withdrew cash from office for personal use

Goods sold to Mona for cash

Office cash deposited into bank

12,750

72,400

25,600

21,900

1,200

16,500

10,900

11,600

14,800

21,200

Solution.

Dr.

Cash Book

 Cr.
 

 Date

 2018

Particulars L.F  CashRs. BankRs.   

Date

2018

Particulars L.F CashRs. BankRs.
March 1 Balance b/d 12,750 72,400 March 7 Salary A/c 25,600
March 4 Asha A/c 1,200 3,200 March 9 Cash A/c C 21,900
March 9 Bank A/c C 21,900 March 16 Furniture A/c 16,500
March 12 Bank Interest 1,200 March 21 Mohua A/c 10,900
March 29 Sales A/c 14,800 March 24 Drawing A/c 11,600
March 31 Cash A/c C 21,200 March 31 Bank A/c C 21,200
Balance c/d 1,350 39,600
50,650 98,000 50,650 98,000

QUESTION 4

Record the transaction in the double column book of Radha store.

2018

June 1

June 7

June 9

June 15

June 20

June 28

June 30

Cash in hand ₹800, bank overdraft ₹5,700

Received cheque from Bharat, discount allowed ₹150

Above cheque deposited in the Bank

Received cheque from Pramita

Bharat’s cheque returned dishonored

Pramita’s cheque was endorsed to Komal

Paid income tax by cheques

3,250

1,200

150

Solution.

Dr.    

Cash Book  

Cr.
Date

2018

Particulars L.F Cash

Rs.

Bank

Rs.

Date

2018

Particulars L.F Cash

Rs.

Bank

Rs.

June 1 To Balance b/d 800 June 1 By Balance b/d

(Overdraft)

5,700
June 9 To Cheque-in-Hand A/c 3,250 June 20 By Bharat A/c 3,250
June 15 To Pramita A/c 1,200 June 28 By Komal A/c 1,200
June 30 To Balance c/d (Overdraft) 5,850 June 30 By Income Tax A/c 150
June 30 By balance c/d 800
2,000 9,100 2,000 9,100

Working Note:

1. Journal entry for cheque received from Bharat

June 07 Cheque-in-Hand A/c Dr.

To Bharat A/c

(Being cheque received from Bharat but not yet deposited)

3,250 3,250

2. Journal entry for cheque received from Pramita

June 15 Cheque-in-Hand A/c Dr.

To Pramita A/c

(Being cheque received from Pramita)

1,200 1,200

3. Journal entry for cheque endorsed to Komal

June 07 Komal A/c Dr.

To Cheque-in-Hand A/c

(Being cheque received from Pramita endorsed in favor of Komal)

1,200 1,200

QUESTION 5

The below transaction took place during the weekend 28th May 2018. Record them in Petty Cash Book which was maintained with a weekly ‘float’ of ₹3,000?

2018

May 23

May 24

May 24

May 26

May 27

May 28

Postage

Casual Labour

Tax hire

Writing pads and registers

Cartage

Bus fare

400

500

600

800

200

300

Solution.

Petty Cash Book
Amount

Received

Rs.

Cash Book

Folio

Date

2018

Particulars V. No. Amount Paid Rs.
3,000 May 23 To Cash A/c
May 23 By Postage A/c 400
May 24 By Wages A/c 500
May 24 By Travelling Expenses A/c 600
May 26 By Stationery A/c 800
May 27 By Cartage A/c 200
May 28 By Travelling Expenses A/c 300
May 28 By Balance c/d 200
3,000 3,000
200 May 29 To Balance b/d
2,800 May 29 To Cash A/c

QUESTION 6

Record the transaction in the Two-column cash book of Bipin, for the following transaction.

2018 Particulars 2018 Particulars
June 1 Balance Cash 5,000 June 21 Bank withdrawal 5,000
June 1 Balance in Bank 17,500 June 29 Office salaries paid in bank 4,000
June 5 Received cash from shares sale 5,000 JUne 30 Goods sold in cash for ₹8000, SGST & CGST @6% each and banked the same
JUne 6 Received cheque as advance against the share sale, credited into bank 50,000 June 30 Rent paid by cheque including SGST & CGST @ 6% each 1,120
June 7 Paid Mr. Das by cheque

Discount received

12,500

200

June 30 Credited into bank 7,500
June 9 Wages paid in cash 3,000
June 20 Cheque received from Mukherjee and sent to Bank 6,000

Solution.

Dr.  

Cash Book

  Cr.
Date

2018

Particulars L.F Cash

Rs.

Bank

Rs.

Date

2018

Particulars L.F Cash

Rs.

Bank

Rs.

June 1 To Balance b/d 5,000 17,500 June 7 By Das A/c 12,500
June 5 To Investment A/c 5,000 June 9 By Wages A/c 3,000
June 6 To Cash A/c C 50,000 June 21 By Cash A/c C 5,000
June 20 To Mukherjee A/c 6,000 June 29 By Office Salaries A/c 4,000
June 21 To Bank A/c C 5,000 June 30 By Rent A/c 1,000
June 30 To Sales A/c 8,000 June 30 By Input CGST A/c 60
June 30 To Outpur CGST A/c 480 June 30 By Input SGST A/c 60
June 30 To Output SGST A/c 480 June 30 By Bank A/c C 7,500
June 30 To Cash A/c C 7,500 June 30 By bAlance A/c 500 71,340
15,000 89,960 15,000 89960

Working Note:

1. Journal entry for discount received

June 07 Das A/c Dr.

To Discount received A/c

(Being discount received)

200 200

QUESTION 7

Prepare two column cash book for the transaction of Mr. Mohan.

2018

March 1

March 3

March 5

March 7

March 10

March 15

March 18

March 20

March 22

March 25

March 28

March 30

March 31

Cash in hand ₹ 15,000 , cash at bank ₹5,000

Cash after goods purchased ₹ 6,720 inclusing CGST and SGST @ 6% p.a, received discount ₹200

Bank deposited ₹ 5,000

Cash sale ₹10,000 plus CGST and SGST @ 6% each

Cash withdrawn from bank for office use ₹200

Three months post dated cheque received of 20,000 from Rohan and on the same day deposited, discounted from bank paying ₹750

Received cheque from Deepa ₹5,ooo(not banked), discount ₹200

Received cheque from Deepa deposited in the bank

Paid to Chandu by cheque ₹2500, discountreceived ₹500

Bank withdrew for personal use ₹1,000

Sold gold to Ashu ₹1,000 on credit, charged 12% @ IGST

Purchsed goods from Chinu ₹20,000 on credit , paid 12% @ IGST

Cheque received from Ashu ₹5,000 was deposited in bank , discount ₹200

Solution.

Dr.   

Cash Book

Cr.
Date

2018

Particulars L.F Cash

Rs.

Bank

Rs.

Date

2018

Particulars L.F Cash

Rs.

Bank

Rs.

March 1 Balance b/d 15,000 5,000

5,000

March 3 Purchase A/c 5,780
March5 Cash A/c March 3 Input CGST A/c 360
March7 Sales A/c C 10,000 March 3 Input SGST A/c 360
March7 Output CGST A/c 600 March 5 Bank A/c C 5,000
March7 Output SGST A/c C 600 March 10 Cash A/c C 2,000
March10 Bank A/c 2,000 March 22 Chandu A/c 2,500
March15 Bill ReceivableA/c 19,250 March 25 Chinu A/c 1,000
March20 Cheque in Hand A/c 5,000 March 31 Balance c/d 16,700 33,750
March30 Ashu A/c 5,000
28,200 39,250 28,200 39,250

 

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