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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 7 - Subsidiary Books - 2 - Shaalaa.com](/images/accountancy-english-class-11-tn-board_6:5f2b1b2038084cf381bfa42c826a928c.jpg "Samacheer Kalvi solutions for Accountancy [English] Class 11 TN Board chapter 7 - Subsidiary Books - 2")
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Solutions for Chapter 7: Subsidiary Books - 2
Below listed, you can find solutions for Chapter 7 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 7 Subsidiary Books - 2 Multiple choice questions [Pages 145 - 146]
Choose the correct answer
Cash book is a ______.
Subsidiary book
Principal book
Journal proper
Both subsidiary book and principal book
The cash book records
All cash receipts
All cash payments
Both all cash receipts and cash payments
All credit transactions
When a firm maintains a simple cash book, it need not maintain ______.
Sales account in the ledger
Purchases account in the ledger
Capital account in the ledger
Cash account in the ledger
A cash book with discount, cash and bank column is called ______.
Simple cash book
Double column cash book
Three column cash book
Petty cash book
In Triple column cash book, the balance of bank overdraft brought forward will appear in ______.
Cash column debit side
Cash column credit side
Bank column debit side
Bank column credit side
Which of the following is recorded as contra entry?
Withdrew cash from bank for personal use
Withdrew cash from bank for office use
Direct payment by the customer in the bank account of the business
When bank charges interest
If the debit and credit aspects of a transaction are recorded in the cash book, it is ______.
Contra entry
Compound entry
Single entry
Simple entry
The balance in the petty cash book is ______.
An expense
A profit
An asset
A liability
Petty cash may be used to pay ______.
The expenses relating to postage and conveyance
Salary to the Manager
Purchase of furniture and fixtures
Purchase of raw materials
Small payments are recorded in a book called ______.
Cash book
Purchase book
Bills payable book
Petty cash book
Samacheer Kalvi solutions for Accountancy [English] Class 11 TN Board 7 Subsidiary Books - 2 Very short answer questions [Page 146]
What is cash book?
What are the different types of cash book?
What is a simple cash book?
Give the format of ‘Single column cash book’.
What is double column cash book?
Give the format of ‘Double column cash book’.
What is three column cash book?
What is a cash discount?
What is a trade discount?
What is a petty cash book?
Samacheer Kalvi solutions for Accountancy [English] Class 11 TN Board 7 Subsidiary Books - 2 Short answer questions [Page 146]
Explain the meaning of the imprest system of petty cash book.
Bring out the differences between cash discount and trade discount.
Write the advantages of maintaining petty cash book.
Write a brief note on accounting treatment of discount in cash book.
Brifly explain about contra entry with examples.
Samacheer Kalvi solutions for Accountancy [English] Class 11 TN Board 7 Subsidiary Books - 2 Exercises [Pages 146 - 150]
Single Column Cash Book
Enter the following transactions in a single column cash book of Seshadri for May 2017.
| May | ₹ | |
| 1 | Cash in hand | 40,000 |
| 5 | Cash received from Swathi | 4,000 |
| 7 | Paid wages in cash | 2,000 |
| 10 | Purchased goods from Sasikala for cash | 6,000 |
| 15 | Sold goods for cash | 9,000 |
| 18 | Purchased computer | 15,000 |
| 22 | Cash paid to Sabapathi | 5,000 |
| 28 | paid salary | 2,500 |
| 30 | Interest received | 500 |
Enter the following transactions in a single column cash book of Ramalingam for the month of July 2017.
| July | ₹ | |
| 1 | Cash in hand | 32,000 |
| 5 | Received from Keerthana | 5,000 |
| 6 | Paid packing charges in cash | 300 |
| 7 | Cash purchases | 12,400 |
| 8 | Sold goods for cash | 2,600 |
| 10 | Paid salary to manager in cash | 7,000 |
| 11 | Paid to Bala | 3,000 |
| 12 | Purchased goods from Bose | 2,500 |
| 24 | Cash deposited into bank through CDM | 4,000 |
| 27 | Withdraw cash from bank | 2,000 |
| 31 | Paid office rent in cash | 6,000 |
Double column cash book
Enter the following transaction in Ahamad’s cash book with discount and cash columns.
| 2017 Oct |
||
| 1 | Cash balance | 37,500 |
| 3 | Cash Sales | 33,000 |
| 7 | Paid to Velan Rs. 15,850 and Discount allowed by him | 150 |
| 13 | Sold goods to Perumal on credit | 19,200 |
| 15 | Cash withdrawn for personal expenses | 4,800 |
| 16 | Purchased goods from Subramanian | 14,300 |
| 22 | Paid to Bank | 22,700 |
| 25 | Cash received from Perumal in full settlement | 19,000 |
| 26 | Draw a cheque for office use | 17,500 |
| 27 | Paid cash to Gopalakrishnan | 2,950 |
| Discount received from him | 50 | |
| 28 | Paid cash to Subramanian and settled his account | 14,200 |
| 29 | Cash purchases | 13,500 |
| 30 | Cash paid for advertising | 1,500 |
Enter the following transactions in cash book with discount and cash column of Anand.
| 2017 Oct |
||
| 1 | Cash in hand | 19,500 |
| 4 | Sold goods for cash | 32,000 |
| 5 | Credit purchases from Gandhi | 20,000 |
| 9 | Received from Gopu | 11,800 |
| Discount allowed to him | 200 | |
| 15 | Cash paid for Electricity charges | 12,500 |
| 17 | Bought computer and its accessories by cash | 16,800 |
| 25 | Paid cash to Gandhi ₹ 19,700 in full settlement of his account |
|
| 28 | Received cash from Thiruvengadam | 8,900 |
| Discount allowed to him | 100 | |
| 30 | Paid trade expenses in cash | 3,500 |
Three column cash book
Enter the following transactions in the three column cash book of Kalyana Sundaram.
| 2017 Jan. |
||
| 1 | Balance in hand | 42,500 |
| Balance at bank | 35,000 | |
| 3 | Received for cash sales | 15,700 |
| 4 | Cash paid into bank | 11,500 |
| 6 | Cash purchases | 14,300 |
| 9 | Received dividend directly by the bank through ECS | 2,000 |
| 10 | Pongal advance to staff paid through bank | 17,000 |
| 12 | Received cash from Nagarajan | 11,850 |
| and allowed him discount | 150 | |
| 17 | Paid Magesh in full settlement of his account ` 20,000 | 19,700 |
| 20 | Cash withdrawn for personal expenses | 20,000 |
| 30 | Withdrawn cash from ATM for office use | 1,500 |
Record the following transactions in the three column cash book of John.
| 2017 Dec. |
₹ | |
| 1 | Cash balance brought forward | 12,600 |
| 1 | Bank overdraft brought forward | 36,000 |
| 1 | Advance paid to petty cashier by cheque | 3,000 |
| 5 | Goods sold for cash | 12,000 |
| 7 | Dividend on shares collected by the banker | 1,000 |
| 13 | Cash paid into Bank | 10,000 |
| 14 | Interest charged by the bank for bank overdraft | 1,500 |
| 18 | Cheque issued to Siddique | 8,000 |
| Discount received from him | 200 | |
| 24 | Insurance claim received by cheque and deposited into bank | 17,000 |
| 28 | Cash received from Baskar | 15,000 |
| Discount allowed to him | 150 | |
| 31 | Deposited into Bank all cash excess of ₹ 18,600 |
Prepare a triple column cash book of Rahim from the following transactions:
| 2017 Feb. |
||
| 1 | Cash in hand | 25,000 |
| Cash at bank | 10,000 | |
| 5 | Water purifier purchased for office use by cheque | 8,000 |
| 6 | Purchased goods for cash | 9,000 |
| 8 | Received cash from Daniel | 9,900 |
| Discount allowed to him | 100 | |
| 10 | Cheque received for goods sold and deposited in the bank | 40,000 |
| 12 | Paid to Amala by cheque | 14,500 |
| Discount received from her | 500 | |
| 13 | Paid transport charges by cash | 5,000 |
| 14 | Withdrawn cash from bank for office use | 20,000 |
| 24 | Cheque received from Kumar and deposited into the bank | 15,000 |
| 28 | Kumar’s cheque dishonoured |
Petty cash book
Prepare analytical petty cash book from the following particulars under imprest system:
| 2017 July |
₹ | |
| 1 | Received advance form cashier | 2,000 |
| 7 | Paid for writing pads and registers | 100 |
| 8 | Purchased white papers | 50 |
| 10 | Paid auto charges | 200 |
| 15 | Paid wages | 300 |
| 18 | Postal charges | 100 |
| 21 | Purchased stationery | 450 |
| 23 | Tea expenses | 60 |
| 25 | Paid for speed post | 150 |
| 27 | Refreshment expenses | 250 |
| 31 | Paid for carriage | 150 |
Solutions for 7: Subsidiary Books - 2
Samacheer Kalvi solutions for Accountancy [English] Class 11 TN Board chapter 7 - Subsidiary Books - 2
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Concepts covered in Accountancy [English] Class 11 TN Board chapter 7 Subsidiary Books - 2 are Subsidiary Book - II, Meaning of Cash Book, Cash Book – A Subsidiary Book and Principal Book of Accounts, Importance of Cash Book, Types of Cash Book, Single Column Cash Book, Cash Discount and Trade Discount, Double Column Cash Book (Cash Book with Cash and Discount Column), Three Column Cash Book (Cash Book with Cash, Discount and Bank Column), Petty Cash Book.
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