{"id":4201,"date":"2023-11-27T06:44:06","date_gmt":"2023-11-27T01:14:06","guid":{"rendered":"http:\/\/ncertsolutions.guru\/?p=4201"},"modified":"2023-11-28T09:48:55","modified_gmt":"2023-11-28T04:18:55","slug":"ts-grewal-accountancy-class-11-solutions-chapter-8","status":"publish","type":"post","link":"https:\/\/ncertsolutions.guru\/ts-grewal-accountancy-class-11-solutions-chapter-8\/","title":{"rendered":"TS Grewal Accountancy Class 11 Solutions Chapter 8 Special Purpose Books II Other Books"},"content":{"rendered":"

TS Grewal Accountancy Class 11 Solutions Chapter 8 Special Purpose Books II Other Books are part of TS Grewal Accountancy Class 11 Solutions<\/a>. Here we have given TS Grewal Accountancy Class 11 Solutions Chapter 8 Special Purpose Books II Other Books.<\/p>\n\n\n\n\n\n\n\n\n\n\n
Board<\/strong><\/td>\nCBSE<\/td>\n<\/tr>\n
Textbook<\/strong><\/td>\nNCERT<\/td>\n<\/tr>\n
Class<\/strong><\/td>\nClass 11<\/td>\n<\/tr>\n
Subject<\/strong><\/td>\nAccountancy<\/td>\n<\/tr>\n
Chapter<\/strong><\/td>\nChapter 8<\/td>\n<\/tr>\n
Chapter Name<\/strong><\/td>\nSpecial Purpose Books II Other Books<\/td>\n<\/tr>\n
Number of Questions Solved<\/strong><\/td>\n23<\/td>\n<\/tr>\n
Category<\/strong><\/td>\nTS Grewal Solutions<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

TS Grewal Accountancy Class 11 Solutions Chapter 8 Special Purpose Books II Other Books<\/h2>\n

Question 1.
\nRecord the following transactions in the Purchases Book of Subhash General Stores, Delhi:
\n\"TS
\nSolution:
\n\"TS
\n\"TS<\/p>\n

Question 2.
\nVerma Bros. Kolkata carry on business as wholesale cloth dealer. From the following, write up their Purchases Book for January, 2018:
\n\"TS
\nSolution:
\n\"TS
\nNote:
\na. Cash purchases made on 8th Jan will be recorded in cash book as it is cash transaction and not credit.
\nb. Purchase of Typewriters on 20th Jan is not recorded in Purchase book as it is not goods that the firm trade in. It is an asset for the firm and not goods (i.e., stock)<\/p>\n

Question 3.
\nFrom the following information of Kamal, Guwahati, prepare a Purchases Book and post them into Ledger:
\n\"TS
\nSolution:
\n\"TS
\n\"TS
\n\"TS<\/p>\n

Question 4.
\nThe following purchases were made by M\/s. B.K Gupta, Kolkata, during the month of April, 2018. Prepare Purchases Book and post them in the Ledger Accounts:
\n\"TS
\nSolution:
\n\"TS
\n\"TS
\nNote:
\na. Cash purchases made on 12th April will be recorded in cash book as it is cash transaction and not credit.
\nb. Purchase of show cases on 18th April is not recorded in Purchase book as it is not goods that the firm trade in. It is an asset for the firm and not goods (i.e., stock)
\nc. Purchases made on 25th April will not be recorded in purchases book as it is purchased for household consumption for the proprietor and not for the trading purpose of the firm.<\/p>\n

Question 5.
\nPrepare a Sales Book from the following transactions of Hema Traders, Kolkata dealing in furniture. Open a Ledger Account also:
\n\"TS
\nSolution:
\n\"TS
\n\"TS
\n\"TS<\/p>\n

Question 6.
\nFrom the following particulars, prepare a Sales Book of M\/s. Gyan Prasad & Bros., Delhi, dealers of stationery and post into Ledger Accounts:
\n\"TS
\nSolution:
\n\"TS
\n\"TS
\n\"TS<\/p>\n

Question 7.
\nFrom the following particulars, prepare Sales Book of Gupta & Co., Kolkata who deals in furniture :
\n\"TS
\nSolution:
\n\"TS
\n\"TS
\n\"TS
\n\"TS<\/p>\n

Question 8.
\nPrepare the Purchase Book and Sales Book from the following transactions:
\n\"TS
\n\"TS
\nSolution:
\n\"TS
\n\"TS
\n\"TS<\/p>\n

Question 9.
\nPrepare Purchases Return Book of Aruna Stores, Kolkata from the following transactions and post them into Ledger:
\n\"TS
\nSolution:
\n\"TS
\n\"TS \"TS<\/p>\n

Question 10.
\nRecord following transactions in the Purchases Return Book of Kamla Stores for June 2017:
\n\"TS
\nSolution:
\n\"TS<\/p>\n

Question 11.
\nPrepare Sales Return Book of Shiv Shankar, Delhi from the following transactions and post them into Ledger:
\n\"TS
\nSolution:
\n\"TS<\/p>\n

Question 12.
\nEnter following transactions in the Sales Return Books of Raj Computers, Delhi:
\n\"TS
\nSolution:
\n\"TS
\n\"TS<\/p>\n

Question 13.
\nPrepare Returns Inward and Return Outward Books of Manoj, Mumbai from the following transactions:
\n\"TS
\nSolution:
\n\"TS
\n\"TS
\n\"TS
\n\"TS
\nQuestion 14.
\n(Closing Entries). Give the necessary entries in the Journal Proper of Ram on 31st March, 2018 to close their books:
\nFreehold Premises \u20b9 30,000; Plant and Machinery \u20b9 20,000; Sundry Debtors \u20b9 25,000; Purchases \u20b9 37,500; Sales \u20b9 95,000; Discount (Dr.) \u20b9 150; Discount (Cr.) \u20b9 175; Sundry Creditors \u20b9 12,500; Carriage Inwards \u20b9 375; Carriage Outwards \u20b9600; Furniture and Fixtures \u20b9 2,500; Wages \u20b9 5,000; Bad debts \u20b9 750; Salaries \u20b9 3,600; Commission (Cr.) \u20b9 2,125; Capital Account \u200b\u20b9 25,000; Bills Payable \u20b9 7,500; Bills Receivable \u20b9 9,000; Trade Expenses \u20b9 2,550; Ram’s Loan Account \u20b9 20,000; Cash in Hand \u20b9 75; Cash at Bank \u20b9 3,125.
\nSolution:
\n\"TS<\/p>\n

Question 15.
\n(Transfer Entries). Give the Journal entries for the following:
\n(i) Gross Profit of \u20b9 32,000 from Trading Account to Profit and Loss Account.
\n(ii) Net Profit of \u20b9 14,500 to Capital Account of Sri Sankar Saha.
\n(iii) Sri Sankar Saha draws \u20b9 10,000 from his Capital Account.
\n(iv) Purchases Return of \u20b9 7,000 plus IGST @ 12%.
\n(v) Sales Return of \u200b\u20b9 6,000 plus CGST and SGST @ 6% each.
\nSolution:
\n\"TS<\/p>\n

Question 16.
\n(Adjustment Entries) From the following information available on 31st March, 2018, pass the necessary Adjustment Entries in the Journal for the year ending on that date:
\n(i) Interest accrued \u20b9 2,500.
\n(ii) Wages for March, 2018 outstanding \u20b9 10,000.
\n(iii) Insurance prepaid \u20b9 1,500.
\n(iv) Commission due to Manager 6% on net profit after charging such commission. The profit before charging such commission was \u20b9 1,06,000.
\n(v) Interest due on loan but not paid. Loan of \u20b9 1,50,000 was taken at 9% p.a. 9 months before end of the year.
\nSolution:
\n\"TS<\/p>\n

Question 17.
\nEnter the following transactions in Proper Subsidiary Books of Ram, Lucknow (UP) for the month of January 2018:
\n\"TS
\nSolution:
\n\"TS
\n\"TS
\n\"TS<\/p>\n

Question 18.
\nWrite up Purchases and Sales Books from the following transactions of Kalyan Silks, Kochi, Kerala given for April, 2018 and post the totals in the Ledger.
\n\"TS
\nSolution:
\n\"TS
\n\"TS
\n\"TS
\n\"TS
\n\"TS
\n\"TS<\/p>\n

Question 19.
\nRecord the following transactions of Prabhat Electric Co., Delhi in the proper subsidiary books:
\n\"TS
\nSolution:
\n\"TS
\n\"TS
\n\"TS<\/p>\n

Question 20.
\nR. Chetan has the following balances in his books on 1st March, 2018:
\nCash \u20b9 15,400; Cash at Bank \u20b9 82,500; Stock \u20b9 1,92,500; Plant and Machinery \u20b9 4,40,000.
\nSundry Debtors: Rajesh \u20b9 27,500; James \u20b9 13,750.
\nSundry Creditors: Rao \u20b9 19,250; Samanta \u20b9 35,750; Capital \u20b9 7,16,650.
\nThe following are the transactions for the month of March 2018:
\n\"TS
\nTransactions marked * are intra-state transactions subject to CGST and SGST @ 6% each. Transactions marked ** are inter-state transactions subject to IGST @ 12%.
\nRecord these transactions in his subsidiary books, post to the Ledger and prepare a Trail Balance as on 31st March, 2018.
\nSolution:
\n\"TS
\n\"TS
\n\"TS
\n\"TS
\n\"TS
\n\"TS
\n\"TS
\n\"TS
\n\"TS
\n\"TS
\nCalculation of Total Sales
\nTotal Sales = Sales – Sales Return = 16,000 – 2,000 = 14,000<\/p>\n

Question 21.
\nOn 1st March, 2018, Shri Kailash Chand, Lucknow commenced business with cash \u20b9 50,000. The following are his transactions for the month of March, 2018. Record them in proper books, post them to the Ledger and take out a Trial Balance:
\n\"TS
\nTransactions marked * are intra-state transactions subject to CGST and SGST @ 6% each.
\nTransactions marked ** are inter-state transactions subject to IGST @ 12%.
\nSolution:
\n\"TS
\n\"TS
\n\"TS
\n\"TS
\n\"TS
\n\"TS
\n\"TS
\n\"TS
\n\"TS
\n\"TS
\n\"TS<\/p>\n

Question 22.
\nOn 1st January, 2018, Ram of Kolkata commenced business with a capital of \u20b9 50,000 and entered into following transactions:
\nPass the following transactions through proper books to the Ledger. Take out a Trial Balance as on 31st January, 2018. The Cash Book must be balanced.
\n\"TS
\nTransactions marked * are intra-state transactions subject to CGST and SGST @ 6% each.
\nTransactions marked ** are inter-state transactions subject to IGST @ 12%.
\nSolution:
\n\"TS
\n\"TS
\n\"TS
\n\"TS
\n\"TS
\n\"TS
\n\"TS
\n\"TS
\n\"TS
\n\"TS<\/p>\n

Question 23.
\nThe following are the transactions of Kamal, Delhi for the month of July, 2017:
\n(All cheques are paid into the Bank on the day received.)
\n\"TS
\n\"TS
\nTransaction marked * are intra-state transactions subject to CGST and SGST @ 6% each.
\nTransactions marked ** are inter-state transactions subject to IGST @ 12%.
\nPass above transactions through suitable books of original entry. Post them to Ledger accounts and draw up a Trial Balance.
\nSolution:
\n\"TS
\n\"TS
\n\"TS
\n\"TS
\n\"TS<\/p>\n

We hope the TS Grewal Accountancy Class 11 Solutions Chapter 8 Special Purpose Books II Other Books help you. If you have any query regarding TS Grewal Accountancy Class 11 Solutions Chapter 8 Special Purpose Books II Other Books, drop a comment below and we will get back to you at the earliest.<\/p>\n","protected":false},"excerpt":{"rendered":"

TS Grewal Accountancy Class 11 Solutions Chapter 8 Special Purpose Books II Other Books are part of TS Grewal Accountancy Class 11 Solutions. Here we have given TS Grewal Accountancy Class 11 Solutions Chapter 8 Special Purpose Books II Other Books. Board CBSE Textbook NCERT Class Class 11 Subject Accountancy Chapter Chapter 8 Chapter Name …<\/p>\n

TS Grewal Accountancy Class 11 Solutions Chapter 8 Special Purpose Books II Other Books<\/span> Read More »<\/a><\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[4],"tags":[],"yoast_head":"\nTS Grewal Accountancy Class 11 Solutions Chapter 8 Special Purpose Books II Other Books - NCERT Solutions<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ncertsolutions.guru\/ts-grewal-accountancy-class-11-solutions-chapter-8\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TS Grewal Accountancy Class 11 Solutions Chapter 8 Special Purpose Books II Other Books - NCERT Solutions\" \/>\n<meta property=\"og:description\" content=\"TS Grewal Accountancy Class 11 Solutions Chapter 8 Special Purpose Books II Other Books are part of TS Grewal Accountancy Class 11 Solutions. 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Here we have given TS Grewal Accountancy Class 11 Solutions Chapter 8 Special Purpose Books II Other Books. 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