Question No 4 Chapter No 10 - T.S. Grewal 11 Class

Question No 4 Chapter No 10

Prepare Simple Cash Book from the following transaction of Simran, Delhi:

2018		Rs.	2018		Rs.
Mar.1	Mr Simran Commenced Business with Cash	65,000	Mar.17	Paid for miscellaneous expenses	450
Mar.3	Bought goods for cash, CGST and SGST paid @ 6% each	6,850	Mar.19	Received cash from Mr Trilok Chand	4,850
Mar.4	Paid cash to Mr Mohan	950	Mar.22	Purchased goods, CGST and SGST paid @ 6% each	2,500
Mar.6	Deposited in Bank	40,000	Mar.22	Paid Salary	4,000
Mar.6	Paid for office furniture in cash, CGST and SGST paid @ 6% each	4,650	Mar.25	Paid rent, CGST and SGST paid @ 6% each	900
Mar.9	Sold goods for cash charged CGST and SGST @ 6% each	30,000	Mar.28	Paid electricity bill	350
Mar.12	Paid wages in cash	1,200	Mar.29	Paid for advertising, CGST and SGST paid @ 6% each	400
Mar.13	Paid for stationery, CGST and SGST paid @ 6% each	400	Mar.31	Paid into bank	25,000
Mar.15	Sold goods for cash, Charged CGST and SGST @ 6% each	25,000
Mar.24	Payment to a carpenter for repairs to private property	350
Mar.26	Paid for medical expenses of Smt. Gopal	1,800
Mar.30	Paid for shop rent Rs 2,000 along with CGST and SGST @ 6% each

The solution of Question No 4 Chapter No 10: - 

In the Books of Simran, Delhi

Dr.	Cash Book						Cr.
Date	Particulars	L.F.	Amount	Date	Particulars	L.F.	Amount
2018				2018
Mar. 1	To Capital A/c		65,000	Mar. 3	By Purchase A/c*		6,850
Mar. 9	To Sale A/c*		30,000	Mar. 3	By Input CGST  A/c		411
Mar. 9	To Output CGST A/c		1,800	Mar. 3	By Input SGST A/c		411
Mar. 9	To Output SGST A/c		1,800	Mar. 4	By Mr Mohan A/c		950
Mar. 15	To Sale A/c*		25,000	Mar. 6	By Bank A/c		40,000
Mar. 15	To Output CGST A/c		1,500	Mar. 6	By Office Furniture A/c*		4,650
Mar. 15	To Output SGST A/c		1,500	Mar. 6	By Input CGST  A/c		279
Mar. 19	To Mr. Trilok Chand A/c		4,850	Mar. 6	By Input SGST A/c		279
				Mar. 12	By Wages A/c		1,200
				Mar. 13	By Stationery A/c*		400
				Mar. 13	By Input CGST  A/c		24
				Mar. 13	By Input SGST A/c		24
				Mar. 17	By Misc. Expenses A/c		450
				Mar. 22	By Purchase A/c*		2,500
				Mar. 22	By Input CGST  A/c		150
				Mar. 22	By Input SGST A/c		150
				Mar. 22	By Salary A/c		4,000
				Mar. 25	By Rent A/c*		900
				Mar. 25	By Input CGST  A/c		54
				Mar. 25	By Input SGST A/c		54
				Mar. 22	By Electricity A/c		350
				Mar. 29	By Advertising A/c*		400
				Mar. 29	By Input CGST  A/c		24
				Mar. 29	By Input SGST A/c		24
				Mar. 31	By Bank A/c*		25,000
				Mar. 30	By Balance C/d		41,916
			1,31,450				1,31,450

All transactions which are highlighted with (*) are explained as following as follows: -

*Mar.03 Bought goods for cash, CGST and SGST @ 6% each 6,850

The calculation of Amount of CGST and SGST @ 6% each.
6,850 * 6% = 411/- each

*Mar.06 Paid for office furniture in cash, CGST and SGST paid @ 6% each 4,650

The calculation of Amount of CGST and SGST @ 6% each
4,650 * 6% = 279/- each

*Mar.09 Sold goods for cash charged CGST and SGST @ 6% each 30,000

The calculation of Amount of CGST and SGST @ 6% each
30,000 * 6% = 1,800/- each

*Mar.13 Paid for stationery, CGST and SGST paid @ 6% each 400

The calculation of Amount of CGST and SGST @ 6% each
400 * 6% = 24/- each

*Mar.15 Sold goods for cash, Charged CGST and SGST @ 6% each 25,000

The calculation of Amount of CGST and SGST @ 6% each
25,000 * 6% = 1,500/- each

*Mar.22 Purchased goods, CGST and SGST paid @ 6% each 2,500

The calculation of Amount of CGST and SGST @ 6% each.
2,500 * 6% = 150/- each

*Mar.25 Paid rent, CGST and SGST paid @ 6% each 900

The calculation of Amount of CGST and SGST @ 6% each
900 * 6% = 54/- each

*Mar.29 Paid for advertising, CGST and SGST paid @ 6% each 400

The calculation of Amount of CGST and SGST @ 6% each
400 * 6% = 24/- each

To understand more about cash book please check out following links: -

https://tutorstips.com/cash-book/

https://tutorstips.com/single-column-cash-book/

https://tutorstips.com/double-column-cash-book/

https://tutorstips.com/triple-column-cash-book/

https://tutorstips.com/petty-cash-book/

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Also, Check out previous Chapters: -

• Chapter No. 5 - Accounting Equation
• Chapter No. 6 - Accounting Procedures - Rules of Debit and Credit
• Goods and Services Tax(GST)
• Chapter No. 8 - Journal
• Chapter No. 9 - Ledger

Check out T.S. Grewal +1 Book 2019 @ Official Website of Sultan Chand Publication