TS Grewal Accountancy Class 11 Solution Chapter 7 Origin of Transactions Source Documents and Preparation of Voucher

2018

Rs.

Jan. 1

Bought Computer Mouse (4 Nos.) vide Cash Memo No.338*

6,000

Jan. 8 

Wages paid for the month of December, 2016

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Cash withdrawn from bank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

Received Rs.

M/s. Goodluck Computer

------------------------------------------------------------------------------------------------------------------------

Date: January 1, 2018

Amount

Voucher No.

Rs.

Debit:

Purchases A/c

6,000

Input CGST A/c

360

Input SGST A/c

360

(Being four Mouse Purchased vide cash Memo No. 338; Paid CGST and SGST @ 6% each)

6,720

Signature

Signature

Manager

Accountant

Received Rs.

M/s. Goodluck Computer

------------------------------------------------------------------------------------------------------------------------

Date: January 8, 2018

Amount

Voucher No.

Rs.

Debit:

Wages A/c

10,000

( Being Wages paid for December 2016)

10,000

Signature

Signature

Manager

Accountant

Received Rs.

M/s. Goodluck Computer

------------------------------------------------------------------------------------------------------------------------

Date: January 12, 2018

Amount

Voucher No.

Rs.

Debit:

Wages A/c

32,500

Input CGST A/c

1,950

Input SGST A/c

1,950

(being purchased two desktop computer in cash from M\s Computech vide cash Memo No. 170, Paid CGST & SGST @6% Each)

36,400

Signature

Signature

Manager

Accountant

Received Rs.

M/s. Goodluck Computer

------------------------------------------------------------------------------------------------------------------------

Date: January 25, 2018

Amount

Voucher No.

Rs.

Debit:

Repair A/c

1,000

Input CGST A/c

60

Input SGST A/c

60

(being purchased two desktop computer from cash vide cash Memo No. 170, CGST & SGST @6% Each paid)

1,120

Signature

Signature

Manager

Accountant

Received

M/s. Goodluck Computer

------------------------------------------------------------------------------------------------------------------------

Date: January 25, 2018

Amount

Voucher No.

Rs.

Debit:

Postage A/c

200

(Being Poastage in cash)

200

Signature

Signature

Manager

Accountant

M/s Goodluck Computers

Date: January 30, 2018

Amount

Voucher No.

Rs.

Credit:

Bank

10,000

(Being amount withdraw from bank)

10,000

Signature

Signature

Manager

Accountant

2018

Jan. 1

Started business with cash Rs. 2,00,000

Jan. 1 

Purchased furniture for Rs. 10,000 vide Cash Memo No. 210*

Jan. 5

Opened a Bank Account in Canara Bank with Rs. 60,000

Jan. 10

Purchased garments on credit from M/s. Madras Store for Rs. 20,000 vide Bill No. 291*

Jan. 12

Sold shirts to Ram Parkash on credit Rs. 5,000 vide Bill No. 1*

Jan. 15
Jan. 20
Jan. 27

Sold shirts for cash Rs. 7,000 vide Cash Memo No. 1*
Withdrew from bank for office use by cheque No. 23301 Rs. 20,000 Withdrew Rs. 5,000 for personal use by cheque No. 51003

Name of the firm

Date: January 01, 2018

Amount

Voucher No.

Rs.

Credit:

Capital

2,00,000

(Being business started with cash)

2,00,000

Signature

Signature

Manager

Accountant

Received Rs.

Name of the Firm

------------------------------------------------------------------------------------------------------------------------

Date: January 1, 2018

Amount

Voucher No.

Rs.

Debit:

Furniture A/c

10,000

Input CGST A/c

600

Input SGST A/c

600

(Being furniture purchased of Rs. 10,000 with cash memo no. 210; @ 6% CGST and SGST applied)

11,200

Signature

Signature

Manager

Accountant

Name of the firm

Date: January 05, 2018

Amount

Voucher No.

Rs.

Credit:

Bank A/c

60,000

(Being a bank account opend with Canara bank and amount deposited)

60,000

Signature

Signature

Manager

Accountant

Name of the firm

Date: January 10, 2018

Amount

Voucher No.

Rs.

Debit:

Purchases A/c

20,000

Input CGST A/c

1,200

Input SGST A/c

1,200

22,400

Credit:

Madras Store

22,400

(Being Goods Purchased from M/s Madras Store on Credit vide bill no 291)

22,400

Signature

Signature

Manager

Accountant

Name of the firm

Date: January 12, 2018

Amount

Voucher No.

Rs.

Debit:

Ram Prakash’s A/c

5,600

5,600

Credit:

Sales A/c

5,000

Output CGST A/c

300

Output SGST A/c

300

(Being goods sold on credit vide bill no.1 @ 6% CGST & SGST applied)

5,600

Signature

Signature

Manager

Accountant

Name of the firm

Date: January 15, 2018

Amount

Voucher No.

Rs.

Credit:

Sales A/c

7,000

Output CGST A/c

420

Output SGST A/c

420

(Being goods soldfor cash with cash memo no 1. and 6% CGST & SGST also applied)

7,840

Signature

Signature

Manager

Accountant

Name of the firm

Date: January 20, 2018

Amount

Voucher No.

Rs.

Credit:

Bank A/c

20,000

(Being Amount withdraw from bank throw cheque no.23301)

20,000

Signature

Signature

Manager

Accountant

Name of the firm

Date: January 27, 2018

Amount

Voucher No.

Rs.

Debit:

Drawings A/c

5,000

5,000

Credit:

Bank A/c

5,000

(Being amount withdraw by chqeue No.51003 from bank for personal use)

5,600

Signature

Signature

Manager

Accountant

2018

RS.

Jan. 1

Bought computer for resale for cash vide Cash Memo No. 512*

7,200

Jan. 8 

Salary paid for the month of December, 2017

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

Received Rs.

M/s. Computer Aids

------------------------------------------------------------------------------------------------------------------------

Date: 01,January 2018

Amount

Voucher No.

Rs.

Debit:

Purchases A/c

7,200

Input CGST A/c

432

Input SGST A/c

432

(Being goods purchasedvide cash memo no.512 and 6% CGST & SGST paid)

8,064

Signature

Signature

Manager

Accountant

Received Rs.

M/s. Computer Aids

------------------------------------------------------------------------------------------------------------------------

Date: 01,January 2018

Amount

Voucher No.

Rs.

Debit:

Salary A/c

10,000

(Being Salary paid to employ of the month of December,2017)

8,064

Signature

Signature

Manager

Accountant

&nnbsp;

M/s. Computer Aids

Date: 10 January 2018

Amount

Voucher No.

Rs.

Credit:

Sales A/c

12,000

Output CGST A/c

720

Output SGST A/c

720

(Being Goods sold for cash vide cash memo no. 64 and 6% CGST and SGST charged)

13,440

Signature

Signature

Manager

Accountant

M/s. Computer Aids

Date: 10 January 2018

Amount

Voucher No.

Rs.

Credit:

Bank

1,700

(Being amount withdraw from bank for office use by cheque no. 13456)

1,700

Signature

Signature

Manager

Accountant

2018

Rs.

Jan. 1

Bought furniture from Modern Furniture for cash vide Cash Memo No. 241*

7500

Jan. 8 

Paid cash to Mani & Sons for purchase of 2 machines vide Cash Memo No. 1230*

5000

Jan. 20

Paid for conveyance

150

Jan. 27

Sold old typewriter for cash vide cash receipt No. 314*

500

Received Rs.

M/s Elegant Furniture’s

------------------------------------------------------------------------------------------------------------------------

Date: 01, January 2018

Amount

Voucher No.

Rs.

Debit:

Purchases A/c

7,500

Input CGST A/c

450

Input SGST A/c

450

(Being furniture purchased of Rs. 7,500 with cash memo no. 241; @ 6% CGST and SGST applied)

8,400

Signature

Signature

Manager

Accountant

Received Rs.

M/s Elegant Furniture’s

------------------------------------------------------------------------------------------------------------------------

Date: 08, January 2018

Amount

Voucher No.

Rs.

Debit:

Machinery A/c

5000

Input CGST A/c

300

Input SGST A/c

300

(Being Machinery purchased of Rs.5000 with cash memo no. 1230; @ 6% CGST and SGST applied)

5,600

Signature

Signature

Manager

Accountant

Received Rs.

M/s Elegant Furniture’s

------------------------------------------------------------------------------------------------------------------------

Date: 20, January 2018

Amount

Voucher No.

Rs.

Debit:

Conveyance Charge A/c

150

(Being Conveyance charge paid)

150

Signature

Signature

Manager

Accountant

M/s. Elegant Furniture’s

Date: 27 January 2018

Amount

Voucher No.

Rs.

Credit:

Typewriter A/c

500

Output CGST A/c

30

Output SGST A/c

30

(Being typewriter sold for cash vide cash memo no. 314 and 6% CGST and SGST charged)

560

Signature

Signature

Manager

Accountant

2018

Rs.

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

Name of the Firm

Date: 05 January 2018

Amount

Voucher No.

Rs.

Credit:

Wahi & Co.'s A/c

10,000

(Being Amount received from wahi & co. Vide cash Memo no.551)

10,000

Signature

Signature

Manager

Accountant

Name of the Firm

Date: 10 January 2018

Amount

Voucher No.

Rs.

Credit:

Commission Received A/c

10,000

Output CGST A/c

600

Output SGST A/c

600

(Being amount of Commission received vide cash receipt no. 520 and 6% CGST and SGST charged)

11,200

Signature

Signature

Manager

Accountant

Name of the Firm

Date: 15 January 2018

Amount

Voucher No.

Rs.

Credit:

Sales A/c

6,000

Output CGST A/c

360

Output SGST A/c

360

(Being goods sold for cash, vide cash receipt no. 307-310 and 6% CGST and SGST charged)

6,720

Signature

Signature

Manager

Accountant

Name of the Firm

Date: 24 January 2018

Amount

Voucher No.

Rs.

Credit:

Sales A/c

3,000

Output CGST A/c

180

Output SGST A/c

180

(Being Machinery (Qty.2) sold for cash, vide cash receipt no. 1560 and 6% CGST and SGST charged)

3,360

Signature

Signature

Manager

Accountant

2018

Rs.

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.

5,000

31596, charged CGST and SGST @ 6% each

Jan. 31

Depreciation charged on building @ 10% on Rs. 2,00,000

20,000

Name of the firm

Date: 07 January 2018

Amount

Voucher No.

Rs.

Debit:

Purchases A/c

4700

Input IGST A/c

564

5,264

Credit:

M/s. Eufora’s A/c

4,700

Cash A/c

564

(Being goods purchased from M/s Eufora on credit vide bill no.912 and 12% of IGST Paid)

5,264

Signature

Signature

Manager

Accountant

Name of the firm

Date: 11 January 2018

Amount

Voucher No.

Rs.

Debit:

M/s Yardley's A/c

5,600

5,600

Credit:

Sales A/c

5,000

Output CGST A/c

300

Output SGST A/c

300

(Being goods Sold to M/s Yardley on credit vide bill no. 31596 and 6% CGST & SGST Charged)

5,600

Signature

Signature

Manager

Accountant

Name of the firm

Date: 31 January 2018

Amount

Voucher No.

Rs.

Debit:

Depreciation A/c

20,000

20,000

Credit:

Building A/c

20,000

(Being Value of Building Depreciated by 10%)

20,000

Signature

Signature

Manager

Accountant