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✦ FREE LEARNING — CLASS 11 & 12 — CBSE · PSEB — ACCOUNTS · ECONOMICS · BST ✦
Get complete step-by-step solutions for T.S. Grewal ISC Class 11 Accountancy - Chapter 10 - Petty Cash Book. Study double-entry system details, practice timed problems, and verify answers directly.
Prepare Simple Petty Cash Book of Narendra, Delhi from the following particulars:
| Date | Particulars | ₹ |
|---|---|---|
| 2022 Jan 1 | Received cash for petty expenses | 5,000 |
| Jan 2 | Paid for postage | 450 |
| Jan 5 | Paid for stationery | 300 |
| Jan 8 | Paid for cartage | 150 |
| Jan 12 | Paid for cartage | 280 |
| Jan 15 | Paid for advertisement | 300 |
| Jan 20 | Paid for miscellaneous expenses | 400 |
| Jan 25 | Paid for postage | 350 |
| Jan 30 | Paid for conveyance expenses | 1,000 |
Note: The petty cashier receives ₹ 5,000 from the head cashier and records every small payment. Total spent = ₹ 3,230, so the balance carried down is ₹ 5,000 − ₹ 3,230 = ₹ 1,770.
| Dr. | Simple Petty Cash Book | ||||
| Amount Received (₹) | Date | Particulars | V.N. | L.F. | Amount Paid (₹) |
|---|---|---|---|---|---|
| 2022 | |||||
| 5,000 | Jan 1 | To Cash A/c | |||
| Jan 2 | By Postage A/c | 450 | |||
| Jan 5 | By Stationery A/c | 300 | |||
| Jan 8 | By Cartage A/c | 150 | |||
| Jan 12 | By Cartage A/c | 280 | |||
| Jan 15 | By Advertisement A/c | 300 | |||
| Jan 20 | By Miscellaneous Expenses A/c | 400 | |||
| Jan 25 | By Postage A/c | 350 | |||
| Jan 30 | By Conveyance Expenses A/c | 1,000 | |||
| Jan 31 | By Balance c/d | 1,770 | |||
| 5,000 | 5,000 | ||||
| 1,770 | Feb 1 | To Balance b/d | |||
Answer: Balance of petty cash carried down on 31st January = ₹1,770.
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.