[CBSE] Q 10 Solutions Special Purpose Books I Cash Book TS Grewal (2022-23)
Are you looking for the solutions of Question number 10 Special Purpose Book I Cash Book TS Grewal class 11 CBSE Board 2022-23 Session?
Write the following transactions in the Cash Book of Premium Stores, Kolkata (Proprietor Amrit Kumar):
2022 Jan 1 | Commenced business with cash | 50,000 |
Jan 2 | Opened Bank Account and deposited cash in bank | 20,000 |
Jan 2 | Purchased goods in cash | 5,000 |
Jan 4 | Paid wages | 500 |
Jan 6 | Cash Sales | 2,000 |
Purchased goods for cash | 6,000 | |
Jan 10 | Sold goods of ₹ 4,000 and payment received by cheque which is deposted in Bank, allowed cash discount of ₹ 400 | |
Received advance from Amit by cheque | 6,000 | |
Jan 15 | Paid to Bhaskar Received discount | 2,800 200 |
Jan 18 | Purchased goods from Kanchan | 10,000 |
Jan 20 | Goods of ₹ 10,000 were destroyed during transportation, Transport Company admitted the claim in full | |
Jan 27 | Received cheque from the Transpost Company | 10,000 |
Jan 28 | withdrew from Bank | 5,000 |
Jan 30 | Issued cheque as advance to Grand Machines | 50,000 |
[Cash Balance – ₹ 22,700; Bank Overdraft – ₹ 15,400.]
Solution:-
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