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11th | Accounting Procedures Rules Of Debit And Credit | Question No. 9 To 12 | Ts Grewal Solution 2022-2023

Question 9:


Open a 'T' shape Cash Account with the following transactions:

 

 

`

(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

 

 

 

 

(v)

Salaries

 

600

 

 

 

 

(vi)

Drawings

 

1,000

 

 

 

 

 

Balance c/d

 

42,000

 

 

 

64,000

 

 

 

64,000

 

 

 

 

 

 

 

 

 

Question 10:


Open a 'T' shape account of creditor, 'Rakesh', and write the following transactions on the proper side:

 

 

`

(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

 

 

 

 

 

 

 

60,000

 

 

 

60,000

 

 

 

 

 

 

 

 

 

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
Discount allowed to him

` 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

 

 

 

25,000

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

Balance c/d

 

23,500

 

 

 

39,000

 

 

 

39,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

25,000

 

 

 

25,000

 

 

 

 

 

 

 

 

 

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

Ts Grewal Solution 2022-2023

Ts Grewal Solution 2021-2022

Ts Grewal Solution 2020-2021