[DK Goel] Q. 9 Special Purpose Subsidiary Book Solutions Class 11 CBSE (2025-26)

Solutions of Question number 9 of Chapter 12 Special Purpose Subsidiary Book DK Goel class 11 CBSE (2025-26)

Record the following transactions of Keshav Bros. in the proper books:

2023
Jan 1	Assets: Cash in hand ₹ 8,500; Cash at Bank ₹ 1,40,000; Stock of goods ₹ 2,20,000; Due from Manohar Lal ₹ 30,000 and Deep Chand ₹ 24,000; Furniture and Equipment ₹ 3,00,000. Liabilities: Due to Sunil ₹ 15,000
2	Withdrawn from bank ₹ 20,000.
4	Paid salaries ₹ 22,000.
6	Sold goods to Surya Narain: 60 metres silk @ ₹ 150 per metre 100 metres cotton @ ₹ 70 per metre Less: Trade Discount @ 12¹/2%
8	Surya Narain returned 40 metres Cotton.
9	Received full payment from Manohar Lal by cheque, sent it to bank, Discount allowed 3%.
10	Purchased from Ganga Parshad: 300 metres cotton @ ₹ 60 per metre 500 metres silk @ ₹ 120 per metre Less: Trade Discount 10%.
12	Sold goods to Vinita for cash ₹ 16,000.
13	Accepted a bill for ₹ 25,000 for 30 days drawn by Ganga Parshad.
15	Gave cheque to Ganga Parshad for ₹ 45,000, discount allowed by him ₹ 200.
18	Paid to Sunil ₹ 14,850 after receiving discount of 1%.
20	Mr. Keshav Chand took away 5 metres silk costing ₹ 100 per metre for his personal use.
24	Paid rent by cheque ₹ 2,000.
25	Received from Surya Narain ₹ 11,000 in full settlement of his account.
27	Old newspapers sold for cash ₹ 400.
27	Paid for stationery and postage ₹ 500.
28	Sold 400 metres silk @ ₹ 160 per metre to Sh. Ganesh Chand.
31	Received cash ₹ 40,000 from Sh. Ganesh Chand and also received a B/R from him for the balance amount due from him for 2 months.

[Ans. Cash in hand $ 58,550; Bank ₹ 1,02,100; Total of Purchase Book ₹ 70,200; Sales Book ₹ 78,000; Sales Return Book ₹ 2,450; Journal Proper Total ₹ 7,73,800.]