Question No 01 Chapter No 10
01.Given below is a Cash Book and Ledger extracts relating to the books of M/s Ram Chander & Sons as at 31st
January 2015. You are required to prepare a Trial Balance.
| Cash Account |
| Date |
Particular |
L.F |
Cash |
Bank |
Date |
Particular |
L.F |
Cash |
Bank |
| 2020 |
|
|
Rs |
Rs |
2020 |
|
|
Rs |
Rs |
| Jan.1 |
To Capital A/c |
|
5,00,000 |
|
Jan.2 |
By Bank A/c |
|
4,30,000 |
|
| Jan.2 |
To Cash A/c |
|
|
4,30,000 |
Jan.3 |
By Purchases A/c |
|
|
42,000 |
| Jan.10 |
To Sale A/c |
|
36,000 |
|
Jan.20 |
By Mukesh A/c |
|
|
5,52,000 |
| Jan.12 |
To Sale A/c |
|
|
20,000 |
Jan.27 |
By Rent A/c |
|
8,000 |
|
| Jan.15 |
To Navdeep |
|
|
4,70,000 |
|
|
|
|
|
| Jan.18 |
To Onkare Shwar A/c |
|
|
2,65,000 |
|
|
|
|
|
| |
|
|
5,36,000 |
11,85,000 |
|
|
|
4,38,000 |
5,94,000 |
| |
|
|
|
|
Jan.31 |
By Balance C/d |
|
98,000 |
5,91,000 |
| |
|
|
5,36,000 |
11,85,000 |
|
|
|
5,36,000 |
11,85,000 |
| Capital Account |
| Date |
Particular |
L.F |
Amount |
Date |
Particular |
L.F |
Amount |
| 2020 |
|
|
Rs |
2020 |
|
|
Rs |
| Jan.31 |
To Balance c/d |
|
5,00,000 |
Jan.1 |
By Cash A/c |
|
5,00,000 |
| |
|
|
5,00,000 |
|
|
|
5,00,000 |
| Purchases Account |
| Date |
Particular |
L.F |
Amount |
Date |
Particular |
L.F |
Amount |
| 2020 |
|
|
Rs |
2020 |
|
|
Rs |
| Jan.3 |
To Bank A/c |
|
42,000 |
|
|
|
|
| Jan.31 |
To Sundries as per purchase book |
|
6,40,000 |
|
|
|
|
| Purchases Return Account |
| Date |
Particular |
L.F |
Amount |
Date |
Particular |
L.F |
Amount |
| 2020 |
|
|
Rs |
2020 |
|
|
Rs |
| |
|
|
|
Jan.31 |
By Sundries as per Purchases return Book |
|
10,000 |
| Sale Account |
| Date |
Particular |
L.F |
Amount |
Date |
Particular |
L.F |
Amount |
| 2020 |
|
|
Rs |
2020 |
|
|
Rs |
| |
|
|
|
Jan.10 |
By Cash A/c |
|
36,000 |
| |
|
|
|
Jan.12 |
By Bank A/c |
|
20,000 |
| |
|
|
|
Jan.31 |
By Sundries as per Sale book |
|
9,25,000 |
| Sale Return Account |
| Date |
Particular |
L.F |
Amount |
Date |
Particular |
L.F |
Amount |
| 2020 |
|
|
Rs |
2020 |
|
|
Rs |
| Jan.31 |
To Sundries as per sale Return Book |
|
15,000 |
|
|
|
|
| Mukesh Account |
| Date |
Particular |
L.F |
Amount |
Date |
Particular |
L.F |
Amount |
| 2020 |
|
|
Rs |
2020 |
|
|
Rs |
| Jan.7 |
To Purchases return A/c |
|
10,000 |
Jan.6 |
By Purchases A/c |
|
6,40,000 |
| Jan.20 |
To Bank A/c |
|
5,52,000 |
|
|
|
|
| Jan.31 |
To Balance C/d |
|
78,000 |
|
|
|
|
| |
|
|
6,40,000 |
|
|
|
6,40,000 |
| Navdeep Account |
| Date |
Particular |
L.F |
Amount |
Date |
Particular |
L.F |
Amount |
| 2020 |
|
|
Rs |
2020 |
|
|
Rs |
| Jan.13 |
To Sale A/c |
|
6,00,000 |
Jan.15 |
By Bank A/c |
|
4,70,000 |
| |
|
|
|
Jan.31 |
BY Balance C/d |
|
1,30,000 |
| |
|
|
6,00,000 |
|
|
|
6,00,000 |
| Onkareshvar Account |
| Date |
Particular |
L.F |
Amount |
Date |
Particular |
L.F |
Amount |
| 2020 |
|
|
Rs |
2020 |
|
|
Rs |
| Jan.14 |
To Sale A/c |
|
3,25,000 |
Jan.15 |
By Sale Return A/c |
|
15,000 |
| |
|
|
|
Jan.18 |
By Bank A/c |
|
2,65,000 |
| |
|
|
|
Jan.31 |
BY Balance c/d |
|
45,000 |
| |
|
|
3,25,000 |
|
|
|
3,25,000 |
| Rent Account |
| Date |
Particular |
L.F |
Amount |
Date |
Particular |
L.F |
Amount |
| 2020 |
|
|
Rs |
2020 |
|
|
Rs |
| Jan.27 |
To Cash A/c |
|
8,000 |
|
|
|
|
The solution of Question No 01 Chapter No 10: –
| Trail Balance A/c |
|
Particulars
|
J.F. |
Debit |
Credit |
| Cash A/c |
|
98,000 |
|
| Bank A/c |
|
5,91,000 |
|
| Capital A/c |
|
|
5,00,000 |
| Purchases A/c |
|
6,82,000 |
|
| Purchases Return A/c |
|
|
10,000 |
| Sales A/c |
|
|
9,81,000 |
| Sales Return A/c |
|
15,000 |
|
| Mukesh A/c |
|
|
78,000 |
| Navdeep A/c |
|
1,30,000 |
|
| Onkareshvar A/c |
|
45,000 |
|
| Rent A/c |
|
8,000 |
|
| |
|
15,69,000 |
15,69,000 |
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Also, Check out the solved question of previous Chapters: –
- Chapter No. 1 – Introduction to Accounting
- Chapter No. 2 – Basic Accounting Terms
- Chapter No. 3 – Theory Base of Accounting, Accounting Standards and International Financial Reporting Standards(IFRS)
- Chapter No. 4 – Bases of Accounting
- Chapter No. 5 – Accounting Equation
- Chapter No. 6 – Accounting Procedures – Rules of Debit and Credit
- Goods and Services Tax(GST)
- Chapter No. 7 – Origin of Transactions – Source Documents and Preparation of Vouchers
- Chapter No. 8 – Journal
- Chapter No. 9 – Ledger
- Chapter No. 10 – Special Purpose Books I – Cash Book
- Chapter No. 11 – Special Purpose Books II – Other Books
- Chapter No. 12 – Bank Reconciliation Statement
- Chapter No. 13 – Trial Balance
- Chapter No. 14 – Depreciation
- Chapter No. 15 – Provisions and Reserves
- Chapter No. 16 – Accounting for Bills of Exchange
- Chapter No. 17 – Rectification of Errors
- Chapter No. 18 – Financial Statements of Sole Proprietorship
- Chapter No. 19 – Adjustments in preparation of Financial Statements
- Chapter No. 20 – Accounts from incomplete Records – Single Entry System
- Chapter No. 21 – Computers in Accounting
- Chapter No. 22 – Accounting Software – Tally
- Chapter No. 5 – Accounting Equation
- Chapter No. 6 – Accounting Procedures – Rules of Debit and Credit
- Goods and Services Tax(GST)
- Chapter No. 8 – Journal
- Chapter No. 9 – Ledger
- Chapter No. 10 – Special Purpose Books I – Cash Book
Check out T.S. Grewal +1 Book 2019 @ Official Website of Sultan Chand Publication
T.S. Grewal’s Double Entry Book Keeping
