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11th Standard English Medium Accountancy Subject Subsidiary Books - I Book Back 5 Mark Questions with Solution Part - I

11th Standard

    Reg.No. :
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Accountancy

Time : 00:30:00 Hrs
Total Marks : 25

    Part I

    5 x 5 = 25
  1. Enter the following credit transactions in the purchases book of Manoharan, a Provisions Merchant.

    2017 May 2 Bought from Vasu 100 bags of rice @ Rs. 800 per bag
    May 8 Bought from Cheyyar Sugar Mills Ltd., 20 bags of sugar @ Rs. 2,600 Per bag
    May 10 Bought from Ram Flour Mill, Coimbatore, 10 bags of wheat flour @ Rs. 750 per bag
    May 15 Bought from Nilgiri Tea Co., Nilgiris, 15 cases of tea @ Rs. 900 per case
    May 25 Bought from Sairam Coffee Works Ltd., 100 kgs of Coffee @ Rs. 190 per kg
    May 29 Bought from X & Co. furniture worth Rs. 2,000
  2. Enter the following transactions in the Sales book of Kamala Stores, a furniture shop.

     2017 May 2   Sold to Naveen Stores, Trichy on credit 5 computer tables @ Rs. 1,750 per table 
    May 9   Sold to Deepa & Co., Madurai on credit 6 dining tables @ Rs. 1,900 per dining table
    May 15   Sold to Rajesh 10 dressing tables @ Rs. 2,750 each on credit
    May 24   Sold to Anil 5 wooden tables @ Rs. 1,250 per table on credit
    May 27   Sold to Gopi 3 old computers @ Rs. 3,500 each
    May 29   Sold 50 chairs to Anil @ Rs. 275 each for cash
  3. Prepare Purchases book and Sales book in the books of Santhosh Textiles Ltd., from the following transactions given for April 2017.

     2017 April 1   Purchased goods from Prasad, Kancheepuram on credit 
        100 meters Silk @ Rs. 450 per meter
        75 meters Velvet @ Rs. 180 per meter
     April 10   Sold goods to Rathinam, Chennai on credit
        60 meters Silk @ Rs. 490 per meter
        50 meters Velvet @ Rs. 210 per meter
    April 18   Nathan & Sons purchased from us on credit
        100 meters Silk @ Rs. 510 per meter
    April 20   Purchased goods from Hari Ram & Sons, Madurai on credit  
         50 rolls kada cloth @ Rs. 730 per roll
        80 rolls cotton cloth @ Rs. 650 per roll
    April 24   Purchased from Mohan, Karur for cash
         Shirting cloth @ Rs. 7,000
        Sarees @ Rs. 25,000
  4. Record the following transactions in the sales book and sales returns book of M/s. Ponni & Co., and post them to ledger.

     2017 Aug 1   Sold goods to Senthil as per Invoice No. 68 for Rs. 20,500 on credit 
    Aug 4   Sold goods to Madhavan as per Invoice No. 74 for Rs. 12,800 on credit  
    Aug 7   Sold goods to Kanagasabai as per Invoice No. 78 for Rs. 7,500 on credit
    Aug 15   Returns inward by Senthil as per Credit Note no. 7 for Rs. 1,500 for which cash is not paid
    Aug 20   Sold goods to Selvam for Rs. 13,300 for cash
    Aug 25   Sales returns of Rs. 1,800 by Madhavan as per Credit Note No. 11 for which cash is not paid
  5. Enter the following transactions in the proper subsidiary books of Suman who is dealing in electronic goods for the month of January 2017.

     2017 Jan. 2   Purchased from Mis. Raj Electronics on credit 
        20 cell phones @ Rs. 5,500 per piece
        10 colour TVs @ Rs. 14,500 per piece
    Jan. 5   Purchased from Mis. Ruby Electronics on credit  
        10 radios @ Rs. 1,650 per piece
        8 Tape recorders @ Rs. 2,500 per piece
        Trade discount on all items @ 10%
    Jan. 10   Returned to M/s. Raj Electronics 4 cell phones damaged and cash not received
    Jan. 20   Purchased from Mis. Suganthi Electronics on credit
        10 radios @ Rs. 3,700 per piece
        2 Sony colour TVs @ Rs. 27,000 per piece
        Trade discount @ 5% on all items

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