[ISC] Q 16 Cash Book Solutions TS Grewal Class 11 (2023-24)

Are you looking for the solution of Question 16 Cash Book TS Grewal class 11 ISC 2023-24?

Enter the following transactions in the book of Chandrika of Chandigarh:

2022 Jan 1	Chandrika commences business with cash	1,00,000
Jan 3	She opened a Bank Current Account with her Savings Account cheque	19,00,000
Jan 4	She receives cheque from kirti & Co. on account	60,000
Jan 7	She pay into Bank Kirti & Co.’s cheque
Jan 10	She advanced Ratan & Co. by cheque	35,000
Jan 12	Tripathi & Co. pays into her Bank A/c	47,500
Jan 15	She received cheque from Warsi and allows him discount of ₹ 3,500	45,000
Jan 20	She receives cash ₹ 7,500 and cheque ₹ 10,000 from kalyan against credit balance
Jan 25	She pays into Bank, including cheques received on 15th and 20th January	1,00,000
Jan 27	She pays by cheque for purchases	27,500
Jan 28	Cheque received from Warsi was dishonoured
Jan 30	She pays sundry expenses in cash	50
Jan 30	She pays John & Co. in cash and is allowed discount of ₹ 3,500	37,500
Jan 31	She pays office rent by cheque	20,000
Jan 31	She draws a cheque for office use	40,000
Jan 31	She pays staff salaries by cheque	30,000
Jan 31	She pays cash for stationery	2,500
Jan 31	She purchases goods for cash	12,500
Jan 31	She pays Jagpal by cheque for commission	30,000
Jan 31	She recieves cheque for commission from Raghubir & Co. and pays the same into Bank	50,000
Jan 31	Cash Sales	45,000

Solution:-

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