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Question 11 Chapter 7 – Unimax Publications of Class 11
11. Prepare two column cash book from the following transactions :
| Mar.1 | Cash in hand ₹ 15,000; Cash at bank ₹ 50,000 |
| Mar.3 | Purchases goods for cash ₹ 6,000* |
| Mar.5 | Deposited into bank ₹ 5,000 |
| Mar.8 | Cash sales ₹10,000* |
| Mar.10 | Cash is withdrawn from the bank for office use ₹ 2,000. |
| Mar.12 | Received cash from Damini ₹ 3,000, allowed her a discount of ₹ 100 |
| Mar.15 | Received cheque from dolly ₹ 2,000 and deposited in the bank on the same day, allowed her discount of ₹ 75 |
| Mar.18 | Received a postdated cheque from Deepak for ₹5,000. |
| Mar.23 | The cheque received from Deepak was deposited in the bank. |
| Mar.24 | Paid to Chander by cheque of ₹ 2,500, he allowed a discount of ₹ 125 |
| Mar.27 | Withdrew from the bank for personal use ₹ 1,500 |
| Mar.28 | Sold goods on credit to Ashok Mitra ₹ 40,000* |
| Mar.30 | Purchases goods on credit from Cander ₹50,000*. |
| Mar.31 | Received cheque from Ashok Mitra ₹ 2,000 and deposited in the bank. |
| Mar.31 | Bank charges for the month are ₹100 |
The solution of Question 11 Chapter 7 – Unimax Publications of Class 11
| Dr. | Cash Book | Cr. | |||||||
| Date | Particulars | L. F. | cash | Bank | Date | Particulars | L. F. | cash | Bank |
| 2023 | 2023 | ||||||||
| Mar.1 | To Balance b/d | 15,000 | 50,000 | Mar.3 | By Purchases A/c | 6,000 | |||
| Mar.5 | To Cash A/c | 5,000 | Mar.3 | By Input CGST A/c | 360 | ||||
| Mar.8 | To Sales A/c | 10,000 | Mar.3 | By Input SGST A/c | 360 | ||||
| Mar.8 | To output CGST A/c | 600 | Mar.5 | By Bank A/c | 5,000 | ||||
| Mar.8 | To Output SGST A/c | 600 | Mar.10 | By Cash A/c | 2,000 | ||||
| Mar.10 | To Bank A/c | 2,000 | Mar.24 | By Chander A/c | 2,500 | ||||
| Mar.12 | To Damini A/c | 3,000 | Mar.27 | By Drawings A/c | 1,500 | ||||
| Mar.15 | To Dolly A/c | 2,000 | Mar.31 | By Bank charges A/c | 100 | ||||
| Mar31 | To Ashok Mitra A/c | 5,000 | Mar.31 | By balance c/d | 19,480 | 57,900 | |||
| 30,000 | 21,500 | 30,000 | 21,500 | ||||||
| Apr. 1 | To balance b/d | 19,480 | 57,900 | ||||||
| Journal | |||||
| Date | Particulars | L. F. | Debit | Credit | |
| 2023 | |||||
| Discount allowed A/c | Dr. | 100 | |||
| To Damini A/c | 100 | ||||
| (Being the cash discount allowed to Damini against payment received) | |||||
| Mar.15 | Discount allowed A/c | Dr. | 75 | ||
| To Dolly A/c | 75 | ||||
| (Being the cash discount allowed to Dolly against payment) | |||||
| Mar.18 | Cheque in hand A/c | Dr. | 5,000 | ||
| To Deepak A/c | 5,000 | ||||
| (Being the postdated cheque received from Deepak) | |||||
| Mar.24 | Chander A/c | Dr. | 125 | ||
| To discount received A/c | 125 | ||||
| (Being the discount received on payment made to Chander) | |||||
| Mar.28 | Ashok Mitra A/c | Dr. | 44,800 | ||
| To Sales A/c | 40,000 | ||||
| To Output CGST A/c | 2,400 | ||||
| To Output SGST A/c | 2,400 | ||||
| (Being the intrastate sales made, Chander CGST and SGST @ 6% each) | |||||
| Mar.30 | Purchases A/c | Dr. | 50,000 | ||
| Input CGST A/c | Dr. | 3,000 | |||
| Input SGST A/c | Dr. | 3,000 | 56,000 | ||
| To Chander A/c | |||||
| (Being the intrastate purchases, CGST and SGST are payable @ 6% each) | |||||
End of Solution
Check Out the Solution of all questions for this chapter:
The solutions to all questions of Chapter No. 7 – Special Purpose Book – Cash Book Unimax – Class 11 are shown as follows, click on the image of the question to get the solution.
Question 6 Chapter 7 – Unimax Publications of Class 11
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Question 18 Chapter 7 – Unimax Publications of Class 11
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1. Comprehensive Solutions for All Chapters of Advanced Accountancy I Class 11 by Unimax
UnimaxSolutions.in offers a comprehensive solution for students studying Advanced Accountancy I Part 1 in Class 11. With their meticulously curated study material, students can access comprehensive solutions to all the questions included within each chapter. By selecting the chapter name from the study material, students can easily navigate through the topics and find detailed explanations and step-by-step solutions to the problems presented in that section. Whether it’s understanding complex accounting concepts, mastering calculation techniques, or analyzing financial statements, Unimax provides a valuable resource to aid students in their learning journey. With these comprehensive solutions at their disposal, students can enhance their understanding, clarify doubts, and improve their problem-solving skills in Advanced Accountancy, ensuring they are well-prepared for their Class 11 examinations.
- Chapter No. 1 – Introduction of Accounting
- Chapter No. 2 – Theory Base of Accounting
- Chapter No. 3 – Vouchers and Transactions
- Chapter No. 4 – Journal
- Chapter No. 5 – Goods and Services Tax (GST): An Introduction
- Chapter No. 6 – Ledger
- Chapter No. 7 – Special Purpose Book – Cash Book
- Chapter No. 8 – Other Subsidiary Books
- Chapter No. 9 – Trial Balance
- Chapter No. 10 – Rectification of Errors
- Chapter No. 11 – Depreciation
- Chapter No. 12 – Provision and Reserves
- Chapter No. 13 – Bank Reconciliation Statement
- Chapter No. 14 – Bills of Exchange
- Chapter No. 15 – Financial Statements (Without Adjustments)
- Chapter No. 16 – Financial Statements (With Adjustments)
- Chapter No. 17 – Accounts from Incomplete Records – Single Entry System
2. Punjab School Education Board (PSEB) Solutions of Usha Publication.
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