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✦ FREE LEARNING — CLASS 11 & 12 — CBSE · PSEB — ACCOUNTS · ECONOMICS · BST ✦
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Prepare the Vouchers to be recorded in the books of M/s Modern Furniture, New Delhi:
| 2025 | Transaction | Rs. |
|---|---|---|
| Jan. 1 | Bought furniture from Modern Furniture for cash vide Cash Memo No. 241 | 7,500 |
| Jan. 8 | Paid cash to Mani & Sons for purchase of 2 machines vide Cash Memo No. 1230 | 5,000 |
| Jan. 20 | Paid for conveyance | 150 |
| Jan. 27 | Sold old typewriter for cash vide cash receipt No. 314 | 500 |
Answer:
(i) Date: Jan 1, 2025
| Voucher No. | Date: Jan 1, 2025 Amount: Rs. |
Debit:
| Purchases A/c | 7,500 |
(Being Bought furniture from Modern Furniture for cash vide Cash Memo No. 241)
| Sd/- Manager | Sd/- Accountant |
(ii) Date: Jan 8, 2025
| Voucher No. | Date: Jan 8, 2025 Amount: Rs. |
Debit:
| Machinery A/c | 5,000 |
(Being Paid cash to Mani & Sons for purchase of 2 machines vide Cash Memo No. 1230)
| Sd/- Manager | Sd/- Accountant |
(iii) Date: Jan 20, 2025
| Voucher No. | Date: Jan 20, 2025 Amount: Rs. |
Debit:
| Conveyance A/c | 150 |
(Being Paid for conveyance)
| Sd/- Manager | Sd/- Accountant |
(iv) Date: Jan 27, 2025
| Voucher No. | Date: Jan 27, 2025 Amount: Rs. |
Credit:
| Typewriter A/c | 500 |
(Being Sold old typewriter for cash vide cash receipt No. 314)
| Sd/- Manager | Sd/- Accountant |
Accounting & Commerce Educator
Sarbjit Singh holds a B.Com and M.Com degree and has over 12 years of teaching experience in double entry bookkeeping, financial accounting, and business studies.
This guide covers "T.S. Grewal Class 11 Chapter 7 Q.4 - Accounting Vouchers for M/s Modern Furniture", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to Chapter 7 - Origin of Transactions - Source Documents and Preparation of Vouchers.
It is primarily curated for Class 11 and Class 12 high school commerce, accounting, and economics students, as well as aspirants preparing for board exams or CA Foundation.
You can take our custom-built interactive practice quiz directly on this page to test your understanding of "T.S. Grewal Class 11 Chapter 7 Q.4 - Accounting Vouchers for M/s Modern Furniture" instantly.