[CBSE] Q 10 Solutions Special Purpose Books I Cash Book TS Grewal (2023-24)

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Are you looking for the solutions of Question number 10 Special Purpose Book I Cash Book TS Grewal class 11 CBSE Board 2023-24 Session?

Write the following transactions in the Cash Book of Premium Stores, Kolkata (Proprietor Amrit Kumar):

2022
Jan 1
Commenced business with cash50,000
Jan 2Opened Bank Account and deposited cash in bank20,000
Jan 2Purchased goods in cash5,000
Jan 4Paid wages500
Jan 6Cash Sales2,000
Purchased goods for cash6,000
Jan 10Received cheque from the Transport Company
Received advance from Amit by cheque6,000
Jan 15Paid to Bhaskar
Received discount
2,800
200
Jan 18Purchased goods from Kanchan10,000
Jan 20Goods of ₹ 10,000 were destroyed during transportation, Transport Company admitted the claim in full
Jan 27Received cheque from the Transpost Company10,000
Jan 28withdrew from Bank5,000
Jan 30Issued cheque as advance to Grand Machines50,000

[Cash Balance – ₹ 22,700; Bank Overdraft – ₹ 15,400.]

Solution:-

Below is the solutions of all Practical Problems

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