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

Question No 11 Chapter No 10

Enter the following transaction in the cash book of Chandrika of Chandigarh:

2018		Rs
Jan.1	Chandrika commences business with Cash	1,00,000
Jan.3	She opened a Bank current Account with her Saving Account cheque	19,00,000
Jan.4	She receives a cheque from Kirti & Co. on account	60,000
Jan.7	She pays into Bank Kirti & Co.’s cheque	60,000
Jan.10	She advanced Ratan & Co. by cheque	35,000
Jan.12	Tripathi & Co. pays into Bank Account	47,500
Jan.15	She receives a cheque from Warsi and allows him to discount Rs 3,500	45,000
Jan.20	She receives cash Rs 7,500 and cheque Rs 10,000 from Kalyan against Credit Balance
Jan.25	She pays into Bank, including cheque received on 15th and 20th January	1,00,000
Jan.27	She pays by Cheque for purchases of Rs 27,500 plus CGST and SGST @6% each
Jan.28	Cheque received from Warsi was dishonoured
Jan.30	She pays sundry expenses in cash	50
Jan.30	She pays John & Co. in cash and is allowed discount Rs3,500	37,500
Jan.31	She pays office rent Rs 20,000 plus CGST and SGST @6% each by cheque
Jan.31	She draws a cheque for office use	40,000
Jan.31	She pays staff salaries by cheque	30,000
Jan.31	She pays Cash for stationery Rs2,500 plus CGST and SGST @6% each
Jan.31	She purchases goods for cash Rs12,500 plus CGST and SGST @6% each
Jan.31	She pays Jagpal by cheque for commission Rs30,000 plus CGST and SGST@6% each
Jan.31	She receives a cheque for a commission of Rs 50,000 plus CGST and SGST @6% each from Raghubir & Co. and pays the same into Bank
Jan.31	Cash sale Rs 45,000 Plus CGST and SGST @6% each

The solution of Question No 11 Chapter No 10: –

Note: - we have shown the both side speratly because it is very wide and defficult to understand. Please check image to understand the actual or real format of cash book.

In the Books of Chandrika, Chandigarh

Dr.	Cash Book
Date	Particulars	L.F.	Cash	Bank
Jan. 2018
1	To Capital A/c		1,00,000
3	To Capital A/c			19,00,000
7	To Cheque in hand A/c			60,000
12	To Tripathi &Co. A/c			47,500
20	To Kalyan A/c*		7,500
25	To Cheque in hand A/c			55,000
25	To Cash A/c	C		45,000
31	To Bank A/c*	C	40,000
31	To Commission A/c			50,000
31	To Output CGST A/c			3,000
31	To Output SGST A/c			3,000
31	To Sale A/c		45,000
31	To Output CGST A/c		2,700
31	To Output SGST A/c		2,700











			1,97,900	21,63,500

Cash Book				Cr.
Date	Particulars	L.F.	Cash	Bank
Jan. 2018
10	By Ratan & Co A/c*			35,000
10	By Bank A/c	C	45,000
27	To purchase A/c*			27,500
27	By Input CGST A/c			1650
27	By Input SGST A/c			1650
28	By Warsi A/c			45,000
30	By S. Expenses A/c		50
30	By Johan & Co. A/c		37,500
31	By Office Rent A/c			20,000
31	By Input CGST A/c			1,200
31	By Input SGST A/c			1,200
31	By Bank A/c	C		40,000
31	By Salaries A/c			30,000
31	By Stationery A/c		2,500
31	By Input CGST A/c		150
31	By Input SGST A/c		150
31	By Purchase A/c		12,500
31	By Input CGST A/c		750
31	By Input SGST A/c		750
31	By Commission A/c			30,000
31	By Input CGST A/c			1,800
31	By Input SGST A/c			1,800

31	By Balance C/d		98,550	19,26,700

			1,97,900	21,63,500

Question No. 11 - Chapter No.10 - T.S. Grewal +1 Book 2019-Solution-min — Question No. 11 – Chapter No.10 – T.S. Grewal +1 Book 2019-Solution-min

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

*Oct. 7 Bought goods for Rs 15,000 plus IGST@12% against Cheque

The calculation of Amount of CGST and SGST @ 6% each
15,000 * 12% = 1,800/-

*Oct. 8 Bought goods for 5,000 plus CGST and SGST@6% each

The calculation of Amount of CGST and SGST @ 6% each
5,000 * 6% = 300/- each

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*Oct. 18 Ramesh who owed Rs 5,000 became Bankrupt and Paid us 50 paise in a rupee

The calculation of the Amount of Bad Debts
5,000 X .50
2,500/-

*Oct. 27 Sold goods for Rs 11,000 Plus CGST and SGST @6% against Cash

The calculation of Amount of CGST and SGST @ 6% each
11,000 * 6% = 660/- each

*Oct. 28 Received a cheque for goods sold for Rs 9,000 plus CGST and SGST @6% each

The calculation of Amount of CGST and SGST @ 6% each
9,000 * 6% = 540/- each

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

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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. Grewal’s Double Entry Book Keeping

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

The solution of Question No 11 Chapter No 10: –

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