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Chapters
2: Conceptual Framework of Accounting
3: Books of Prime Entry
4: Ledger
5: Trial Balance
▶ 6: Subsidiary Books - 1
7: Subsidiary Books - 2
8: Bank Reconciliation Statement
9: Rectification of Errors
10: Depreciation Accounting
11: Capital and Revenue Transactions
12: Final Accounts of Sole Proprietors - 1
13: Final Accounts of Sole Proprietors - 2
14: Computerised Accounting
![Samacheer Kalvi solutions for Accountancy [English] Class 11 TN Board chapter 6 - Subsidiary Books - 1 - Shaalaa.com](/images/accountancy-english-class-11-tn-board_6:5f2b1b2038084cf381bfa42c826a928c.jpg "Samacheer Kalvi solutions for Accountancy [English] Class 11 TN Board chapter 6 - Subsidiary Books - 1")
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Solutions for Chapter 6: Subsidiary Books - 1
Below listed, you can find solutions for Chapter 6 of Tamil Nadu Board of Secondary Education Samacheer Kalvi for Accountancy [English] Class 11 TN Board.
Samacheer Kalvi solutions for Accountancy [English] Class 11 TN Board 6 Subsidiary Books - 1 Multiple choice questions [Pages 120 - 121]
Choose the correct answer
Purchases book is used to record __________.
all purchases of goods
all credit purchases of assets
all credit purchases of goods
all purchases of assets
A periodic total of the purchases book is posted to the _____________.
debit side of the purchases account
debit side of the sales account
credit side of the purchases account
credit side of the sales account
Sales book is used to record ____________.
all sales of goods
all credit sales of assets
all credit sales of goods
all sales of assets and goods
The total of the sales book is posted periodically to the credit of _____________.
Sales account
Cash account
Purchases account
Journal proper
Purchase returns book is used to record _____________.
returns of goods to the supplier for which cash is not received immediately
returns of assets to the supplier for which cash is not received immediately
returns of assets to the supplier for which cash is received immediately
None of the above
Sales return book is used to record __________.
Returns of goods by the customer for which cash is paid immediately
Returns of goods by the customer for which cash is not paid immediately
Returns of assets by the customer for which cash is not paid immediately
Returns of assets by the customer for which cash is paid immediately
Purchases of fixed assets on credit basis is recorded in _____________.
Purchases book
Sales book
Purchases returns book
Journal proper
The source document or voucher used for recording entries in sales book is __________.
Debit note
Credit note
Invoice
Cash receipt
Which of the following statements is not true?
Cash discount is recorded in the books of accounts
Assets purchased on credit are recorded in journal proper
Trade discount is recorded in the books of accounts
3 grace days are added while determining the due date of the bill
Closing entries are recorded in ___________.
Cash book
Ledger
Journal proper
Purchases book
Samacheer Kalvi solutions for Accountancy [English] Class 11 TN Board 6 Subsidiary Books - 1 Very short answer questions [Page 121]
Mention four types of subsidiary books.
What is a purchase book?
What is purchases returns book?
What is a sales book?
What is sales returns book?
What is a debit note?
What is a credit note?
What is journal proper?
Define bill of exchange.
What is an opening entry?
What is an invoice?
Samacheer Kalvi solutions for Accountancy [English] Class 11 TN Board 6 Subsidiary Books - 1 Short answer questions [Pages 121 - 122]
Give the format of purchases book.
Mention the subsidiary books in which the following transactions are recorded.
- Sale of goods for cash
- Sale of goods on credit
- Purchases of goods on credit
- When the proprietor takes goods for personal use
- Goods returned to suppliers for which cash is not received immediately
- Asset purchased as credit.
What are the advantages of subsidiary books?
Write a short note on:
Endorsement of a bill
Write a short note on:
Discounting of a bill
Samacheer Kalvi solutions for Accountancy [English] Class 11 TN Board 6 Subsidiary Books - 1 Exercises [Pages 122 - 124]
Enter the following transactions in the Purchases book of M/s. Subhashree Electric Co., which deals in electric goods.
| 2017 | Particulars |
| April 5 | Purchased from Karthik Electric Co., on credit |
| 10 Electric iron box @ ₹ 2,500 each | |
| 5 electric stoves @ ₹ 2,000 each | |
| April 19 | Purchased on credit from Khaitan Electric Co., |
| 3 electric heaters @ ₹ 6,000 each | |
| April 25 | Purchased from Polar Electric Co., on credit |
| 10 Fans @ ₹ 2,000 each | |
| April 29 | Purchased from M & Co. for cash |
| 10 electric stoves @ ₹ 3,000 each |
From the following transactions write up the Sales day book of M/s. Ram & Co., a stationery merchant.
| 2017 | Particulars |
| Jan. 1 | Sold to Anbu & Co., on credit 20 reams of white paper @ ₹ 150 per ream |
| Jan. 2 | Sold to Jagadish & Sons on credit 6 dozen pens @ ₹ 360 per dozen |
| Jan. 10 | Sold old newspapers for cash @ ₹ 620 |
| Jan. 15 | Sold on credit M/s. Elango & Co., 10 drawing boards @ ₹ 170 per piece |
| Jan. 20 | Sold to Kani & Co., 4 writing tables at ₹ 1,520 per table for cash |
Prepare Purchases book and Sales book in the books of Santhosh Textiles Ltd., from the following transactions given for April, 2017.
| 2017 | Particulars |
| April 1 | Purchased goods from Prasad, Kancheepuram on credit |
| 100 meters Silk @ ₹ 450 per meter | |
| 75 meters Velvet @ ₹ 180 per meter | |
| April 10 | Sold goods to Rathinam, Chennai on credit |
| 60 meters Silk @ ₹ 490 per meter | |
| 50 meters Velvet @ ₹ 210 per meter | |
| April 18 | Nathan & Sons purchased from us on credit |
| 100 meters Silk @ ₹ 510 per meter | |
| April 20 | Purchased goods from Hari Ram & Sons, Madurai on credit |
| 50 rolls kada cloth @ ₹ 730 per roll | |
| 80 rolls cotton cloth @ ₹ 650 per roll | |
| April 24 | Purchased from Mohan, Karur for cash |
| Shirting cloth @ ₹ 7,000 | |
| Sarees @ ₹ 25,000 |
From the following information, prepare purchase day book and purchases returns book for the month of June, 2017 and post them into ledger accounts in the books of Robert Furniture Mart.
| 2017 | Particulars |
| June 1 | Purchased from Balu Traders 20 chairs @ ₹ 150 each on credit |
| June 13 | Bought from Subash & Co., on credit |
| 2 Almirah @ ₹ 3,100 each | |
| 10 tables @ ₹ 1,500 each | |
| 15 chairs @ ₹ 200 each | |
| Less: 10 % Trade discount on all items | |
| Add: Freight charges ₹ 220 | |
| June 21 | Returned 2 damaged chairs to Balu Traders and cash not received |
| June 24 | Purchased from Sunrise Furniture Mart on credit |
| 25 Almirahs @ ₹ 1,300 each | |
| June 27 | Purchased from Mouli Traders on credit |
| 10 executive tables @ ₹ 3,275 each | |
| June 29 | Returned 3 Almirahs to Sunrise Furniture Mart and cash not received |
Record the following transactions in the sales book and sales returns book of M/s. Ponni & Co., and post them to ledger.
| 2017 | Particulars |
| Aug. 1 | Sold goods to Senthil as per Invoice No. 68 for ₹ 20,500 on credit |
| Aug. 4 | Sold goods to Madhavan as per Invoice No. 74 for ₹ 12,800 on credit |
| Aug. 7 | Sold goods to Kanagasabai as per Invoice No. 78 for ₹ 7,500 on credit |
| Aug. 15 | Returns inward by Senthil as per Credit Note no. 7 for ₹ 1,500 for which cash is not paid |
| Aug. 20 | Sold goods to Selvam for ₹ 13,300 for cash |
| Aug. 25 | Sales returns of ₹ 1,800 by Madhavan as per Credit Note No. 11 for which cash is not paid |
From the following information, prepare the necessary subsidiary books for Nalanda Book Stores.
| 2017 | Particulars |
| Dec. 1 | Bought from M/s. Uma Devi on credit |
| 100 copies Business Statistics Book @ ₹ 80 each | |
| 100 copies Accountancy Book @ ₹ 150 each | |
| Dec. 7 | Sold to Sridevi & Co., on credit |
| 240 copies Business Statistics @ ₹ 90 each | |
| 250 copies Accountancy books @ ₹ 170 each | |
| Dec. 10 | Bought from Subha & Co., |
| 40 Copies Economics books @ ₹ 80 each | |
| Less: 15% Trade Discount | |
| Dec. 15 | Returned to M/s. Uma Devi 10 copies of damaged Accountancy book for which cash is not received |
| Dec. 18 | Sold to Gupta Bros., on credit |
| 200 copies of Economics book @ ₹ 95 each | |
| Dec. 26 | Returned 6 copies of Economics books to Subha & Co., |
Prepare necessary subsidiary books in the books of Niranjan and also Sachin account and Mukil account from the following transactions for the month of February, 2017.
| 2017 | Particulars | ₹ |
| Feb. 1 | Purchased goods from Mukil Traders on credit | 12,480 |
| Feb. 4 | Goods sold to Sachin Traders on credit | 15,000 |
| Feb. 6 | Sold goods to Manish Traders on credit | 12,100 |
| Feb. 7 | Sachin Traders returned goods for which cash is not paid | 1,200 |
| Feb. 9 | Returned goods to Mukil Traders for which cash is not received | 1,500 |
| Feb. 10 | Sold goods to Manish & Co., on credit | 13,300 |
| Feb. 14 | Purchased from Mukil Traders on credit | 15,200 |
Solutions for 6: Subsidiary Books - 1
Samacheer Kalvi solutions for Accountancy [English] Class 11 TN Board chapter 6 - Subsidiary Books - 1
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Concepts covered in Accountancy [English] Class 11 TN Board chapter 6 Subsidiary Books - 1 are Subsidiary Books - 1, Meaning of Subsidiary Books, Types of Subsidiary Books, Advantages of Subsidiary Books, Purchases Book, Purchases Returns Book, Sales Book Or Sales Day Book, Sales Returns Book, Bills of Exchange, Bills Receivable Book, Bills Payable Book, Journal Proper.
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