Double Entry Book Keeping Ts Grewal 2019 Solutions for Class 11 Commerce Accountancy Chapter 4 Origin Of Transactions Source Documents And Preparation Of Vouchers are provided here with simple step-by-step explanations. These solutions for Origin Of Transactions Source Documents And Preparation Of Vouchers are extremely popular among Class 11 Commerce students for Accountancy Origin Of Transactions Source Documents And Preparation Of Vouchers Solutions come handy for quickly completing your homework and preparing for exams. All questions and answers from the Double Entry Book Keeping Ts Grewal 2019 Book of Class 11 Commerce Accountancy Chapter 4 are provided here for you for free. You will also love the ad-free experience on Meritnation’s Double Entry Book Keeping Ts Grewal 2019 Solutions. All Double Entry Book Keeping Ts Grewal 2019 Solutions for class Class 11 Commerce Accountancy are prepared by experts and are 100% accurate.
Page No 7.17:
Question 1:
Following transactions took place in M/s Goodluck Computers. Prepare the Accounting Vouchers:
| 2019 | ₹ | |
| Jan. 1 | Bought Computer Mouse (4 Nos.) vide Cash Memo No. 338* | 6,000 |
| Jan. 8 | Wages paid for the month of December, 2018 | 10,000 |
| Jan. 12 | Purchased two Desktop Computers from M/s Computech for cash vide Cash Memo No. 170* | 32,500 |
| Jan. 25 | Paid cash to Hari & Sons vide receipt No. 102 for repairs* | 1,000 |
| Jan. 28 | Paid postage | 200 |
| Jan. 30 | Cash withdrawn from bank | 10,000 |
Transactions marked with * are subject to levy of CGST and SGST @ 6% each.
Answer:
(i)
(ii)
(iii)
(iv)
(v)
(vi)
Page No 7.17:
Question 2:
Prepare the Accounting Vouchers for the following transactions:
| 2019 | ₹ | |
| Jan. 1 | Started business with cash | 2,00,000 |
| Jan. 1 | Purchased furniture vide Cash Memo No. 210* | 10,000 |
| Jan. 5 | Opened a Bank Account in Canara Bank | 60,000 |
| Jan. 10 | Purchased garments on credit from M/s Madras Store vide Bill No. 291* | 20,000 |
| Jan. 12 | Sold shirts to Ram Parkash on credit vide Bill No. 1* | 5,000 |
| Jan. 15 | Sold shirts for cash vide Cash Memo No. 1* | 7,000 |
| Jan. 20 | Withdrew from bank for office use by cheque No. 23301 | 20,000 |
| Jan. 27 | Withdrew for personal use by cheque No. 51003 | 5,000 |
Transactions marked with * are subject to levy of CGST and SGST @ 6% each.
Answer:
(i)
(ii)
(iii)
(iv)
(v)
(vi)
(vii)
(viii)
Page No 7.18:
Question 3:
Prepare the Vouchers to be recorded in the books of M/s Computer Aids:
| 2019 | ₹ | |
| Jan. 1 | Bought computer for resale for cash vide Cash Memo No. 512* | 7,200 |
| Jan. 8 | Salary paid for the month of December, 2018 | 10,000 |
| Jan. 10 | Sold computer for cash vide Cash Memo No. 64* | 12,000 |
| Jan. 15 | Withdraw cash from bank for office use vide cheque No. 13456 | 1,700 |
Transactions marked with * are subject to levy of CGST and SGST @ 6% each.
Answer:
(i)
(ii)
(iii)
(iv)
Page No 7.18:
Question 4:
Prepare the Vouchers to be recorded in the books of M/s Elegant Furnitures, New Delhi:
| 2019 | ₹ | |
| Jan. 1 | Bought furniture from Modern Furniture for cash vide Cash Memo No. 241* | 7,500 |
| Jan. 8 | Paid cash to Mani & Sons for purchase of 2 machines vide Cash Memo No. 1230* | 5,000 |
| Jan. 20 | Paid for conveyance | 150 |
| Jan. 27 | Sold old typewriter for cash vide cash receipt No. 314* | 500 |
Transactions marked with * are subject to levy of CGST and SGST @ 6% each.
Answer:
(i)
(ii)
(iii)
(iv)
Page No 7.18:
Question 5:
Prepare the Vouchers:
| 2019 | ₹ | |
| Jan. 5 | Received cash from Wahi & Co. on account vide cash receipt No. 551 | 10,000 |
| Jan. 10 | Commission received vide cash receipt No. 520* | 10,000 |
| Jan. 15 | Sold leather purses for cash vide Cash Memo Nos. 307-310* | 6,000 |
| Jan. 24 | Sold two old machines vide Cash Memo No. 1560* | 3,000 |
Transactions marked with * are subject to levy of CGST and SGST @ 6% each.
Answer:
(i)
(ii)
(iii)
(iv)
Page No 7.18:
Question 6:
Prepare the Transfer Vouchers in the books of Mangla Agencies, Faridabad, Haryana from the Source Vouchers:
| 2019 | ₹ | |
| Jan.7 | Purchased goods from M/s Eufora, New Delhi vide Bill No. 912, paid IGST @ 12% | 4,700 |
| Jan. 11 | Sold goods to M/s Yardley, Faridabad, Haryana vide Bill No. 31596, charged CGST and SGST @ 6% each |
5,000 |
| Jan. 31 | Depreciation charged on building @ 10% on ₹ 2,00,000 | 20,000 |
Answer:
(i)
(ii)
(iii)
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