D K Goel 11th – Other Books 2

2. M/s Ram Narain & Sons of Kerala, who are dealers in readymade garments, purchased the following 2022 May 2 Purchased from Fashion House, Mumbai (Maharashtra):- 100 Shirts @ ₹1,800 per Shirt 75 T-shirts @ ₹1,600 per piece Less: Trade Discount 20%; and freight charges payable ₹10,000. 10 Purchased from Appolo Garments, Kerala:- 65 Shirts … Read more

T S Grewal 11th – Other Books 15

15. R. Chetan, Kolkata has the following balances in his books on 1st March, 2024:  Cash ₹15,400; Cash at Bank ₹82,500; Stock ₹1,92,500; Plant and Machinery ₹4,40,000.  Sundry Debtors: Rajesh ₹27,500; James ₹13,750.  Sundry Creditors: Rao ₹19,250, Samanta ₹35,750; Capital ₹7,16,650 The following are the transactions for the month of March, 2024: 2024 ₹ March … Read more

T S Grewal 11th – Other Books 14

14. From the following information available on 31st March, 2024, pass the necessary Adjustment Entries in the Journal for the year ending on that date:  (i) Interest accrued ₹2,500.  (ii) Wages for March, 2024 outstanding ₹10,000.  (iii) Insurance prepaid ₹1,500.  (iv) Commission due to manager 6% on net profit after charging such commission. The profit … Read more

T S Grewal 11th – Other Books 13

13. Give the necessary entries in the Journal Proper of Gurman on 31st March, 2024 to close his books:  Freehold Premises ₹30,000; Plant and Machinery ₹20,000; Sundry Debtors ₹ 25,000;  Purchases ₹37,500; Sales ₹95,000; Discount (Dr.) ₹150; Discount (Cr.) ₹175; Sundry Creditors ₹12,500; Carriage Inwards ₹375; Carriage Outwards ₹600; Furniture and Fixtures ₹2,500;  Wages ₹5,000; … Read more

T S Grewal 11th – Other Books 12

12. Prepare Returns Inward and Returns Outward Books of Manoj, Mumbai from the following transactions and post them in Ledger Accounts: 2024 March 1 Mathur Bros., New Delhi, returned: 5 pairs of Shoes for being defective @ ₹2,000 per pair Less: Trade Discount 10% March 5 Returned to Kanpur Leather Private Ltd., Kanpur: 100 pairs … Read more

T S Grewal 11th – Other Books 10

10. Prepare Sales Return Book of Shiv Shankar, Delhi from the following transactions post them in Ledger: 2024 Feb. 10 Rama Stores, Delhi returned: 2 Televisions Sony sold @ ₹20,000 each Feb. 20 Sohan Singh & Co, Dehradun returned: 3 Washing Machines Videocon sold @ ₹10,000 each   T.S.Grewal/2024 Edition/Practical Problems/Q-10 For full question, please … Read more

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