T S Grewal Problems & Solutions

Special Purpose Books-1 Cash Book

1. Enter the following transactions of Ripinder in his Single Column Cash Book and balance at: 2024 ₹ Jan. 01 Ripinder started business with capital. 2,00,000 Jan. 02 Purchased furniture for cash 50,000 Jan. 03 Purchased goods for cash. 30,000 Jan. 05 Paid freight. 500 Jan. 07 Sold goods for...

Read More

2. Prepare Simple Cash Book of Gurman from the following transactions: 2024 ₹ April 01 Gurman commenced business introducing cash 2,00,000 April 04 Purchased following assets for business:Computer ₹16,000; Furniture ₹18,500 and Machinery ₹32,000, payment made by cheque. April 06 Purchased goods from Bhushan in cash 40,000 April 08 Paid...

Read More

3. Prepare Simple Cash Book from the following transactions of Simran: Date Particulars ₹ Date Particulars ₹ 2024 2024 March 01 Simran commenced business with cash 65,000 March 17 Paid for miscellaneous expenses 450 March 03 Bought goods for cash 6,850 March 19 Received cash from Trilok, allowed Cash Discount...

Read More

4. From the following, prepare Single Column Cash Book of Suresh and post them in ledger accounts: 2024 ₹ April 01 Cash in Hand 6,400 April 03 Received Cash from Anupama 1,00,000 April 04 Paid into Bank 80,000 April 05 Received from Bhumika as commission 6,000 April 06 Paid Wages...

Read More

5. Record the following transactions in Double Column Cash Book and balance the book on 31st March. 2024. 2024 ₹ March 01 Cash in Hand 12,750 Cash at Bank 72,400 March 04 Received from Asha cash ₹1,200 and a cheque for ₹3,200, allowed discount ₹400 March 07 Paid salary to...

Read More

6. Prepare Two-column Cash Book of Bimal, Lucknow from the following transactions: Date Particulars ₹ Date Particulars ₹ 2023 2023 June 01 Cash Balance 5,000 June 21 Drawn from Bank 5,000 June 01 Bank Balance 17,500 June 29 Paid office salaries in cash 4,000 June 05 Cash received from sale...

Read More

7. Prepare Two-column Cash Book from the following transactions of Mani, Kochi: 2024 March 01 Cash in Hand ₹15,000; Cash at Bank ₹5,000 March 03 Purchased goods for cash ₹6,720; received cash discount of ₹220 March 05 Deposited in the bank ₹5,000 March 07 Cash sales ₹10,000 March 10 Cash...

Read More

8. Prepare Two-column Cash Book of Vinod from the following transactions: 2023 ₹ Oct. 01 Cash in Hand 25,000 Oct. 01 Cash at Bank 75,000 Oct. 07 Bought goods against cheque 15,000 Oct. 08 Bought goods 5,000 Oct. 10 A post-dated cheque issued earlier honoured 5,000 Oct. 14 Paid Miscellaneous...

Read More

9. Enter the following transactions in Two-column Cash Book of Reema, and find cash and bank balances: 2023 ₹ April 01 Cash balance ₹2,000, bank balance ₹24,500 April 02 Cash sales 60,000 April 05 Deposited in Bank 50,000 April 07 Issued cheque to Sohan 10,000 April 12 Received cheque from...

Read More

10. Write the following transactions in the Cash Book of Premium Stores, Kolkata (Proprietor Amrit Kumar). 2024 ₹ Jan. 01 Commenced business with cash 50,000 Jan. 02 Opened Bank Account and deposited cash in bank 20,000 Purchased goods in cash 5,000 Jan. 04 Paid wages 500 Jan. 06 Cash sales...

Read More

11. Enter the following transactions in Two-column Cash Book of Gurman, Delhi: 2024 ₹ April 01 Opening Balance of Cash in Hand 1,00,000 Opening Balance of Bank Overdraft 5,00,000 April 02 Sold goods 3,48,000 April 03 Sold goods against cheque and paid into bank the same day 3,36,000 April 05...

Read More

12. From the following information, prepare an Analytical Petty Cash Book: 2024 ₹ April 01 Received for cash payment 20,000 April 02 Paid for postage 1,600 April 05 Paid for stationery 1,000 April 12 Paid for wages 800 April 16 Paid for carriage 600 April 20 Paid for conveyance 880...

Read More

13. Rajan maintains a Columnar Petty Cash Book on the Imprest System. The imprest amount is ₹5,000. From the following information, show how his Petty Cash Book would appear for the week ended 12th September, 2023: 2023 ₹ Sept. 07 Balance in Hand 1,349 Received cash reimbursement to make up...

Read More

14. A Petty Cashier in a firm received ₹15,000 as the petty cash imprest on 4th June, 2023. During the week, his expenses were as follows: 2023 ₹ June 04 Conveyance charges for Manager’s trip to the city 500 June 04 Wages to casual labourers 1500 June 05 Bus fare...

Read More
error: Content is protected !!