Complete the following sentence: Cash Book is a ..... Journal. - Book Keeping and Accountancy

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Complete the following sentence:

Cash Book is a ______ Journal.

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Solution

Cash Book is a subsidiary Journal.

Concept: Subsidiary Books - 1
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Chapter 5: Subsidiary Books - Exercises [Page 170]

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Balbharati Book-keeping and Accountancy 11th Standard HSC Maharashtra State Board
Chapter 5 Subsidiary Books
Exercises | Q 6. 1) | Page 170

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Prepare proper Subsidiary Books and post them to the ledger from the following transactions for the month of February 2018.

2018 February   Amt (₹)
01 Goods sold to Virat 5,000
04 Purchased goods from Khushboo Traders 2,480
06 Sold goods to Shankar Traders 2,100
07 Virat returned goods 600
08 Returns goods to Khusboo Traders 280
10 Sold goods to Mahesh 3,300
14 Purchased from Kunti Traders 5,200
15 Furniture purchased from Arun 3,200
17 Bought goods from Kunti Traders 4,060
20 Return goods to Kunti Traders 200
22 Return goods from Mahesh 250
24 Purchased goods from Kirti less 10% T.D. 5,700
25 Sold goods to Shri Surya goods less 5% T.D. 6,600
26 Sold goods to Prakash Brothers 4,000
28 Return goods to Kirti less 10% T.D. 1,000
28 Prakash Brothers returned goods 500

Enter the following transactions in the Subsidiary Book of Kamal Traders.

2018 April

01 Bought from Suhas goods of ₹ 12,000 as per his Invoice No. 41.

04 Purchased from Virat goods of ₹ 11,870 less 10% Trade Discount vide Bill No. 12.

07 Bought from Kuldip goods of ₹ 11,000 less 25% Trade Discount vide Bill No. 12.

08 Bought from M/s. Art Furniture Works, Furniture for ₹ 13,000 vide Invoice No. 84.

12 Sold to Dhiraj goods of ₹ 11,500 vide Sales Invoice No. 27

13 Sold to Raja goods of ₹ 12,780 less 5% Trade Discount, vide invoice No. 88

21 Sold to Suresh goods of ₹ 8,000 less 20% Trade Discount

23 Dhiraj returned goods of ₹ 500 vide our Credit note No. 14

26 Suresh returned goods of ₹ 150 (gross) vide our Credit Note No. 115

28 Returned to Suhas goods ₹ 1,200 vide our Debit Note No. 09

30 Returned to Virat goods of ₹ 1,300 (Gross) vide our Debit Note No. 10.

30 Returned to Kuldip goods of ₹ 1,100 (Gross) vide our Debit Note No. 11.


Enter the following transactions in the Subsidiary Books of Navyug Traders:

2018 March

01 Sold to Bharat Patil goods ₹ 10,000 at 10% Trade discount.

04 Purchased from Naresh goods of ₹ 11,000 less 10% Trade discount.

06 Purchased Furniture from M/s. Sham Furniture Works, of ₹ 15,000 for office use.

07 Bharat Patil returned 20% of the goods bought by him on 1st March above and we gave him fresh goods in exchange.

08 Sold to Sundar goods of ₹ 13,000 less 15% Trade Discount.

10 Sold to Sumit Computer for ₹ 23,800 with a book value of ₹ 24,000.

12 Placed an order with Sajan for goods of ₹ 12,000.

17 Purchased from Naresh goods of ₹ 14,000 and sold them to Kamesh for ₹ 16,000.

19 Kamesh returned us goods of ₹ 1,600 and immediately returned the same to Naresh.

23 Sold to Rakesh for ₹ 4,500 old Furniture with a book value of ₹ 4,800.

26 Returned to M/s. Sham Furniture Works, office Furniture of ₹ 4,500.

28 Sajan executed our order dated 12th March, 2018.


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