TS Grewal Class 11 Accountancy Solutions Chapter 8 – Special Purpose Books 2 Cash Book 2023

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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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

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