Subsidiary Books Problems and Solutions Class 11 | Subsidiary Book Solution

Subsidiary books play an important role in maintaining systematic and efficient accounting records.

The following practical problems involve preparation of subsidiary books like Cash Book, Analytical Petty Cash Book, Purchase Book, Sales Book, Purchase Return Book, Sales Return Book and others.

 

Cash Book Preparation: Problem 1: Prepare a two column Cash Book with the help of following information for January 2018. Problem 2: Prepare two column Cash Book from the following transaction for the year July 2018. Problem 3: Record the following transaction in Cash Book of m/s Kamal Traders. Balance for the month of July 2018: Cash in hand Rs.2,000 and Balance in Bank Current account.

Analytical Petty Cash Book: Problem 4: Prepare Analytical Petty Cash Book from the following transactions in the books of Swarali General Stores, kolhapur. The imprest amount is Rs.1,500 received from main cashier. Problem 5: From the following information prepare Columnar Petty Cash Book kept on imprest system in the books of Manisha  Books Stall, Beed.6. Prepare proper Subsidiary Books and post them to the ledger from the following transactions for the month of February 2018.

Subsidiary Book Posting to Ledger: Problem 6: Prepare proper Subsidiary Books and post them to the ledger from the following transactions for the month of February 2018.

Transaction Entry in Subsidiary Books: Problem 7: Enter the following transactions in the books of Vijay in Purchase Book, Sales Book, Purchase Return book, Sales return Book and Journal proper for the month of August 2018. Problem 8: Mr. Akash gives you the following information and asks you to prepare Purchase Book, Sales Book, Purchase Return Book and Sales Return Book for the month of January 2018.

Subsidiary Book Entry for Traders: Problem 9: Enter the following transactions in the Subsidiary Book of Kamal Traders. Problem 10: Enter the following transactions in the Subsidiary books of Navyug Traders.

By- Edaccountancy

By- Edaccountancy

 
 

The given set of practical problems focuses on the application of helpful books in accounting, especially targeting class 11 students. Subsidiary books are special journals that help organize and classify transactions efficiently. The problems involve various types of subsidiary books, such as Cash Book, Analytical Petty Cash Book, Purchase Book, Sales Book, Purchase Returns Book, Sales Returns Book and Journal Proper.

Preparing Cash Book: Two problems involve preparing a two-column cash book for specific time periods, which require the application of basic accounting principles.

Analytical Petty Cash Book:

A problem guides the preparation of an analytical petty cash book for a business keeping in mind the imprest system and the information provided.

Columnist Petty Cash Book:

Another problem focuses on creating a columnar petty cash book using the imprest system for a different business, demonstrating diversity in application.

Subsidiary Book Posting in Ledger:

Students are tasked with posting transactions from subsidiary books to the ledger for a specified month, emphasising the integration of subsidiary books with the general ledger.

Transaction Entry in Subsidiary Books:

Many problems involve recording transactions in various subsidiary books for different businesses, such as Purchase Book, Sales Book, Purchase Return Book, Sales Return Book and Journal Proper.

Helpful Book Entry for Traders:

The set concludes with problems requiring the entry of transactions into the subsidiary books of specific traders, offering practical application of subsidiary books in real-world scenarios.

Overall, the purpose of these practical problems is to enhance students' understanding of supporting books, their preparation, and their role in maintaining accurate and systematic accounting records. Problems cover a variety of scenarios, allowing students to apply accounting concepts to a variety of business situations.