TS Grewal Solutions for Class 11 Accountancy Chapter 4- Origin of Transactions Sources Documents and Preparation of Voucher is a basic concept to be used by the students. Here, we have provided in a simple and a step by step method, which is useful for the students to score well in the board examinations.
Ts Grewal Solutions for Class 11 Accountancy Chapter 4
Class 11 TS Grewal Solutions Accountancy Chapter 4:-
| Board | CBSE |
| Class | Class 11 |
| Subject | Accountancy |
| Chapter | Chapter 4 |
| Chapter Name | Accounting Equation |
| Number of questions solved | 6 |
| Category | TS Grewal |
Also Check: Class 11 Accountancy Syllabus
Ts Grewal Solutions for Class 11 Accountancy Chapter 4 – Origin of Transactions Sources Documents and Preparation of Voucher
Q.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| Jan. 30 | Cash withdrawn from bank | 10,000 |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.
The solution to this question is as follows:
(i) Accounting voucher for buying computer mouse
(ii) Accounting voucher for wages paid for December
(iii) Accounting voucher for two computers paid in cash
(iv) Accounting voucher for cash paid to Hari
(v) Accounting voucher for paying postage
(vi) Accounting voucher for cash withdrawn from bank
Q.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.
The solution to this question is as follows:
(i) Accounting voucher for Starting business with cash
(ii) Accounting voucher for purchasing furniture
(iii) Accounting voucher for opening bank account
(iv) Accounting voucher for purchasing garments on credit
(v) Accounting voucher for selling shirts to Ram Prakash on credit
(vi) Accounting voucher for selling shirts for cash
(vii) Accounting voucher for money withdrawn from bank for office use
(viii) Accounting voucher for money withdrawn by cheque for personal use
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.
The solution to this question is as follows:
(i) Accounting voucher for buying computer for resale
(ii) Accounting voucher for salary paid for December
(iii) Accounting voucher for computer sold in cash
(iv) Accounting voucher for withdrawing cash from bank for office use
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.
The solution to this question is as follows:
(i) Accounting voucher for furniture bought by cash
(ii) Accounting voucher for money paid in cash to Mani and sons for purchase of machines
(iii) Accounting voucher for conveyance
(iv) Accounting voucher for selling old type writer in cash
Q.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.
The solution to this question is as follows:
(i) Accounting voucher for cash received from Wahi & Co.
(ii) Accounting voucher for commission received
(iii) Accounting voucher for selling leather purses for cash
(iv) Accounting voucher for selling 2 old machines in cash
Q6. 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 |
The solution to this question is as follows:
(i) Accounting voucher for purchasing goods from M/s Eufora
(ii) Accounting voucher for selling goods to M/s Yardley
(iii) Accounting voucher for depreciation charged on building
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