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Question No 6 Chapter No 10 – T.S. Grewal 11 Class

Question No. 6 - Chapter No.10 - T.S. Grewal +1 Book 2019
Question No. 6 - Chapter No.10 - T.S. Grewal +1 Book 2019

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Question No 6 Chapter No 10

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Two-Column Cash Book
Without Goods and Services Tax (GST)
Record the following transactions in Double Columns Cash Book and Balance the book on 31st March 2018

2018 Rs.
Mar.1Cash in Hand12,750
 Cash at Bank72,400
Mar.4Received from Asha cash Rs 1,200 and a cheque for Rs 3,200, allowed discount Rs 400 
Mar.7Paid salary to staff by cheque25,600
Mar.9Withdrawn cash from the bank for office use21,900
Mar.12Interest paid by the bank on bank balance1,200
Mar.16Purchased furniture in cash16,500
Mar.21Paid Mohan & Co. by Cheque, discount received Rs 10010,900
Mar.24Proprietor withdrew from office cash for his personal use 11,600
Mar.29Sold goods to Manoj for cash14,800
Mar.31Deposited office cash into the bank21,200

The solution of Question No 6 Chapter No 10:- 

In the Books of _______________

Dr.Cash Book Cr.
DateParticulars
L.F.Cash Bank DateParticulars
L.F.CashBank
Mar. 2018    Mar. 2018    
1To Bal. B/d  12,75072,4007By Salary A/c  25,600
4To Asha A/c 1,2003,2009By Cash A/c*  21,900
9To Bank A/c* 21,900 16By Furniture A/c 16,500 
12To Interest. A/c  1,20021By Mohan & Co. A/c  10,900
29To Sales A/c 14,800 24By Drawing A/c 11,600 
31To Cash A/c*  21,20031By Bank A/c* 21,200 
     31By Balance C/d 1,35039,600
          
   50,65098,000   50,65098,000

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

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*Mar.9 Withdrawn cash from the bank for office use 21,900

To understand the posting of this transaction, first, we have to understand the journal entry of this transaction. Which is shown as follows:

Cash A/c                                 Dr.      21,900

                  To Bank A/c                                          21,900

(Being cash withdrawal from the bank for office use)

So, According to the above journal entry, Both accounts cash & bank for which we have preparing cash book are involved in this transaction,
So, we have to show the treatment of both accounts in the cash book by posting one entry in the cash column and another in the bank column of the cash book.

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Here cash a/c is debited by the bank a/c, so we will show the bank a/c in the debit side of cash book and the amount will be shown in the cash column because cash is increasing.

And we will show the Cash a/c in the Credit side of cash book and the amount will be shown in the Bank column because Bank balance is Decreasing.

*Mar.31 Deposited office cash into bank 21,200

To understand the posting of this transaction, first, we have to understand the journal entry of this transaction. Which is shown as follows:

Bank  A/c                                 Dr.      21,200

                  To Cash A/c                                            21,200

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(Being cash deposited into bank a/c)

So, According to the above journal entry, Both accounts cash & bank for which we have preparing cash book are involved in this transaction,
So, we have to show the treatment of both accounts in the cash book by posting one entry in the cash column and another in the bank column of the cash book.

Here Bank a/c is debited by the Cash a/c, so we will show the Cash a/c in the debit side of cash book and the amount will be shown in the Bank column because Bank balance is increasing.

And we will show the bank a/c in the Credit side of cash book and the amount will be shown in the Cash column because Cash a/c is Decreasing.

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

Cash Book | Types of Cash Book | Subsidiary Books

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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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Comment if you have any question.

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Also, Check out previous Chapters: –

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

T.S. Grewal's Double Entry Book Keeping

T.S. Grewal’s Double Entry Book Keeping

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