Question No 1 Chapter No 9 – T.S. Grewal 11 Class

Question No. 1 - Chapter No.9 - T.S. Grewal +1 Book 2019

Question No 1 Chapter No 9

On 1st April, 2018 Mohit, Delhi started business with a capital of Rs 50,000. He made the following transactions:

2018   Rs.
April 03 Purchased goods from Rita, Delhi on credit for  20,000
April 04 Cash paid to Rita  10,000
April 06 Goods sold to Rohit, Chandigarh 25,000
April 08 Received cash from Rohit 20,000
April 12 Goods purchased from Rita  12,000
April 18 Cash paid to Rita  20,000
April 25 Goods sold to Rohit, Chandigarh 10,000
April 30 Received cash from Rohit 6,000

Solution of Question No 1 Chapter No 9: – 

In the Books of Mohit, Delhi:

Date   Particulars
L.F. Debit Credit
2018          
April 1 Cash A/c Dr.   50,000  
            To Capital A/c       50,000
  (Being Commenced business with cash.)      
         
April 3 Purchase A/c Dr.   20,000  
            To Rita A/c       20,000
  (Being goods purchase from Rita )      
           
April 4 Rita A/c Dr.   10,000  
             To Cash A/c       10,000
  (Being cash paid to Rita.)      
         
April 6 Rohit A/c Dr.   25,000  
             To Sales A/c     25,000
  (Being goods sold to the Rohit)      
         
April 8 Cash A/c Dr.   20,000  
             To Rohit A/c     20,000
  (Being cash received from Rohit)      
         
April 12 Purchase A/c Dr.   12,000  
             To Rita A/c     12,000
  (Being Goods purchased from Rita)      
         
April 18 Rita A/c Dr.   20,000  
              To Cash A/c     20,000
  (Being cash paid to Rita)      
         
April 25 Rohit A/c Dr.   10,000  
             To Sale A/c     10,000
  (Being goods sold to Rohit)      
           
April 30 Cash A/c Dr.   6,000  
            To Rohit A/c     6,000
  (Being cash paid to Rohit)      
         

To clear the meaning of Ledger and Ledger balancing Click below: 

What is Ledger – Explained with Example

Ledger balancing or Closing of ledger account | Ledger
 
Dr. Cash A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
2018       2018      
Apr. 1 To Capital A/c   50,000 Apr. 4 By Rita A/c   10,000
Apr. 8 To Rohit A/c   20,000 Apr. 18 By Rita A/c   20,000
Apr. 30 To Rohit A/c   6,000 Apr. 30 By Balance C/d   46,000
               
      76,000       76,000

 

Dr. Capital A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
2018       2018      
        Apr. 1 By Cash A/c   50,000
Apr. 30 By Balance C/d   50,000        
               
      50,000       50,000

 

Dr. Purchase A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
2018       2018      
Apr. 3 To Rita A/c   20,000        
Apr. 12 To Rita A/c   12,000        
        Apr. 30 By Balance C/d   32,000
               
      32,000       32,000

 

Dr. Sales A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
2018       2018      
        Apr. 6 By Rohit A/c   25,000
        Apr. 25 By Rohit A/c   10,000
Apr. 30 By Balance C/d   35,000        
               
      35,000       35,000

 

Dr. Rita A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
2018       2018      
Apr. 4 To Cash A/c   10,000 Apr. 3 By Purchase A/c   20,000
Apr. 18 To Cash A/c
  20,000 Apr. 12 By Purchase A/c   12,000
Apr. 30 By Balance C/d   2,000        
               
      32,000       32,000

 

Dr. Rohit A/c Cr.
Date Particulars
J.F. Amount Date Particulars
J.F. Amount
2018       2018      
Apr. 6 To Sale A/c   25,000 Apr. 8 By Cash  A/c   20,000
Apr. 25 To Sale A/c
  10,000 Apr. 30 By Cash A/c   6,000
        Apr. 30 By Balance C/d   9,000
               
      35,000       35,000

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