Question 9:
Open a 'T' shape Cash Account with the following transactions:
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|
|
` |
|
(i) |
Mohan
started business with cash |
40,000 |
|
(ii) |
Purchased
Goods |
20,000 |
|
(iii) |
Sold
Goods |
24,000 |
|
(iv) |
Paid
Rent |
400 |
|
(v) |
Paid
salaries |
600 |
|
(vi) |
Drew
for personal use |
1,000 |
Answer:
|
Cash Account |
|||||||||
|
Dr. |
|
Cr. |
|||||||
|
Date |
Particulars |
J.F. |
(`) |
Date |
Particulars |
J.F. |
(`) |
||
|
(i) |
Capital |
|
40,000 |
(ii) |
Purchases |
|
20,000 |
||
|
(iii) |
Sales |
|
24,000 |
(iv) |
Rent |
|
400 |
||
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|
(v) |
Salaries |
|
600 |
||
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(vi) |
Drawings |
|
1,000 |
||
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|
Balance c/d |
|
42,000 |
||
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|
64,000 |
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|
64,000 |
||
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Question 10:
Open a 'T' shape account of creditor, 'Rakesh', and write the following transactions on the proper side:
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|
` |
|
(i) |
Goods
purchased from Rakesh on credit |
50,000 |
|
(ii) |
Goods
returned to Rakesh for |
5,000 |
|
(iii) |
Paid
to Rakesh |
20,000 |
|
(iv) |
Purchase
goods from Rakesh on credit |
10,000 |
Answer:
|
Rakesh |
|||||||
|
Dr. |
|
Cr. |
|||||
|
Date |
Particulars |
J.F. |
(`) |
Date |
Particulars |
J.F. |
(`) |
|
(ii) |
Purchases Return |
|
5,000 |
(i) |
Purchases |
|
50,000 |
|
(iii) |
Cash |
|
20,000 |
(iv) |
Purchases |
|
10,000 |
|
|
Balance c/d |
|
35,000 |
|
|
|
|
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|
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|
60,000 |
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|
60,000 |
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Question 11:
Open a 'T' shape account of debtor 'Brij' and write the following transactions on the proper side:
|
(i) |
Sold
goods to Brij on credit |
`
25,000 |
|
(ii) |
Cash
received from Brij |
`
10,000 `
500 |
|
(iii) |
Goods
returned by Brij |
`
5,000 |
Answer:
|
Brij (Debtors) |
|||||||
|
Dr. |
|
Cr. |
|||||
|
Date |
Particulars |
J.F. |
(`) |
Date |
Particulars |
J.F. |
(`) |
|
(i) |
Sales |
|
25,000 |
(ii) |
Cash |
|
10,000 |
|
|
|
|
|
|
Discount Received |
|
500 |
|
|
|
|
|
(iii) |
Sales Return |
|
5,000 |
|
|
|
|
|
|
Balance c/d |
|
9,500 |
|
|
|
|
25,000 |
|
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|
25,000 |
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Question 12:
Put the following on the proper side of a Cash Account, a Debtor's Account and a Creditor's Account:
|
|
|
` |
|
(i) |
Sold
goods to Sanjay on credit |
50,000 |
|
(ii) |
Sold
goods to Mohan for cash |
20,000 |
|
(iii) |
Purchased
goods from Ram on credit |
25,000 |
|
(iv) |
Cash
received from Sanjay |
19,000 |
|
(v) |
Goods
returned by Sanjay |
2,000 |
|
(vi) |
Paid
rent |
500 |
|
(vii) |
Cash
paid to Ram |
15,000 |
Answer:
|
Cash Account |
|||||||||
|
Dr. |
|
Cr. |
|||||||
|
Date |
Particulars |
J.F. |
(`) |
Date |
Particulars |
J.F. |
(`) |
||
|
(ii) |
Sales |
|
20,000 |
(vi) |
Rent |
|
500 |
||
|
(iv) |
Sanjay |
|
19,000 |
(vii) |
Ram |
|
15,000 |
||
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|
Balance c/d |
|
23,500 |
||
|
|
|
|
39,000 |
|
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|
39,000 |
||
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|
Sanjay (Debtors) |
|||||||||
|
Dr. |
|
Cr. |
|||||||
|
Date |
Particulars |
J.F. |
(`) |
Date |
Particulars |
J.F. |
(`) |
||
|
(i) |
Sales |
|
50,000 |
(iv) |
Cash |
|
19,000 |
||
|
|
|
|
|
(v) |
Sales Return |
|
2,000 |
||
|
|
|
|
|
|
Balance c/d |
|
29,000 |
||
|
|
|
|
50,000 |
|
|
|
50,000 |
||
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|
Ram (Creditors) |
|||||||||
|
Dr. |
|
Cr. |
|||||||
|
Date |
Particulars |
J.F. |
(`) |
Date |
Particulars |
J.F. |
(`) |
||
|
(vii) |
Cash |
|
15,000 |
(iii) |
Purchase |
|
25,000 |
||
|
|
Balance c/d |
|
10,000 |
|
|
|
|
||
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|
|
|
25,000 |
|
|
|
25,000 |
||
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Click below for more Questions
Ts Grewal Solution 2022-2023
Class 11th
Chapter 6 – Accounting Procedures- Rules of Debit and Credit
Question No. 1 To 4
Question No. 5 To 8
Question No. 9 To 12
Question No. 13 And 14
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11th TS Grewal’s Accountancy Solutions