Question No 1 Chapter No 10 – T.S. Grewal 11 Class

Question No. 1 - Chapter No.10 - T.S. Grewal +1 Book 2019

Question No 1 Chapter No 10

Enter the following transactions of Mr. Ripinder, Delhi in a Single Column Cash Book and Balance it:

2018   Rs.
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

Solution of Question No 1 Chapter No 10: – 

In the Books of Mr. Ripinder, Delhi

Dr. Cash Book Cr.
Date Particulars
L.F. Amount Date Particulars
L.F. Amount
2018       2018      
Jan. 1 To Capital A/c    2,00,000 Jan. 2 By Furniture A/c   50,000
Jan. 7 To Sale A/c   28,000 Jan. 3 By Purchase A/c   30,000
Jan. 15 To Sale A/c   10,000 Jan. 5 By Freight A/c   500
        Jan. 10 By Ramesh A/c   20,000
        Jan. 20 By Wages A/c   10,000
        Jan. 30 By Balance C/d   1,27,500
               
      2,38,000       2,38,000

The following two transactions are not recorded in this type of cash book. The reasons for non-recording are explained as follows: –

Jan.25 Purchased goods from Raj on credit 20,000

This transaction is credit transaction but in the cash book, only cash transactions are recorded, So, this transaction will not be recorded in the cash book.”

Jan.31 Paid rent by cheque 5,000

“We are preparing a single column cash book with cash column only but in this transaction, the payment has made by cheque, So, this transaction will not be recorded in this type of cash book.”

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

Cash Book | Types of Cash Book | Subsidiary Books

Single Column Cash Book | Explained with Example

Double Column Cash Book | Explained with Example

Triple Column Cash Book | Explained with Example

Petty Cash Book | Example | Subsidiary Books

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Also Check out previous Chapters: –

 

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

T.S. Grewals Double Entry Book Keeping - Question No 1 Chapter No 10 - T.S. Grewal 11 Class

T.S. Grewal’s Double Entry Book Keeping

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