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Question 14 Chapter 7 – Unimax Publications of Class 11
14. Prepare cash book from the following transactions of M/s. Ravi & Sons, Madras for the month of April 2023 and post them to the related ledger accounts:
| Apr.1 | Cash in hand | 14,000 |
| Apr.1 | Cash at a bank (overdraft) | 13,200 |
| Apr.4 | Wages paid | 1,400 |
| Apr.5 | Cash sales plus CGST and SGST @ 6% each | 17,000 |
| Apr.7 | Purchases goods from Rahul, Kolkata for 12,250 plus ISGT @ 12% by paid cheque in the full settlement on 8th April. | 13,500 |
| Apr.9 | Purchases furniture for cash plus CGST and SGST @ 6% | 10,000 |
| Apr.10 | Cash paid to Rohit, the discount was received ₹100 | |
| Apr.11 | The cheque issued to Rahul was dishonoured | |
| Apr.13 | Cash sales plus CGST and SGST @6% each | 4,500 |
| Apr.16 | Bank charges interest overdraft | 500 |
| Apr.18 | Cash deposited into the bank | 7,000 |
| Apr.20 | Paid telephone bill by cheque including CGST and SGST @ 65 each | 672 |
| Apr.25 | Sold goods for ₹ 23,500 plus CGST and SGST @ 6%each to Vikas and received cheque in full settlement (deposited the same date), allowed him a discount of ₹ 500 | |
| Apr.27 | Paid rent plus CGST and SGST @ 6% each | 800 |
| Apr.29 | Drew cash for personal use | 1,000 |
| Apr.30 | Paid salary | 2,000 |
| Apr.30 | Interest collected by bank | 2,500 |
The solution of Question 14 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 | ||||||||
| Apr.1 | To Balance b/d | 14,000 | Apr.1 | By Balance b/d | 13,200 | ||||
| Apr.5 | To Sales A/c | 17,000 | Apr.4 | By Wages A/c | 1,400 | ||||
| Apr.5 | To Output CGST A/c | 1,020 | Apr.8 | By Rahul A/c | 13,500 | ||||
| Apr.5 | To Output SGST A/c | 1,020 | Apr.9 | By Furniture A/c | 10,000 | ||||
| Apr.11 | To Rahul A/c | 13,500 | Apr.9 | By Input CGST A/c | 600 | ||||
| Apr.13 | To sales A/c | 4,500 | Apr.9 | By Input SGST A/c | 600 | ||||
| Apr.13 | To Output CGST A/c | 270 | Apr.10 | By Rohit A/c | 5,000 | ||||
| Apr.13 | To Output SGSTA/c | 270 | Apr.16 | By Interest A/c | 500 | ||||
| Apr.18 | To Cash A/c | 7,000 | Apr.18 | By Bank A/c | 7,000 | ||||
| Apr.25 | To Vikas (sales) A/c | 25,820 | Apr.20 | By Telephone expenses | 600 | ||||
| Apr.30 | To Interest received A/c | 2,500 | Apr.20 | By Input CGST A/c | 36 | ||||
| Apr.20 | By Input SGST A/c | 36 | |||||||
| Apr.27 | By Rent A/c | 800 | |||||||
| Apr.27 | By Input CGST A/c | 48 | |||||||
| Apr.27 | By Input SGST A/c | 48 | |||||||
| Apr.29 | By Drawing A/c | 1,000 | |||||||
| Apr.30 | By Salary A/c | 2,000 | |||||||
| Apr.30 | By Balance c/d | 9,584 | 20,948 | ||||||
| 38,080 | 48,820 | 38,080 | 48,820 | ||||||
| May.01 | To Balance c/d | 9,584 | 20,948 | ||||||
Journal enter for discount received and allowed are:
| Journal | |||||
| Date | Particulars | L. F. | DRBIT | CREDIT | |
| 2023 | |||||
| Apr.8 | Rahul A/c | Dr. | |||
| To Discount received A/c | 220 | 220 | |||
| (Being the discount received on payment) | |||||
| Apr.10 | Rohit A/c | Dr. | 100 | ||
| To Discount received A/c | 100 | ||||
| (Being the discount received on payment) | |||||
| Apr.11 | Discount received A/c | Dr. | 220 | ||
| To Rahul A/c | 220 | ||||
| (Being the discount received from Rahul reversed on cheque being dishonoured) | |||||
| Apr.25 | Discount allowed A/c | Dr. | 500 | ||
| To Vikas A/c | 500 | ||||
| (Being the discount allowed on receipts) | |||||
| Dr. | Wages A/c | Cr. | |||||
| Date | Particulars | J. F. | Amount | Date | Particulars | J. F. | Amount |
| 2023 | |||||||
| Apr.4 | To Cash A/c | 1,400 | |||||
| Dr. | Sales A/c | Cr. | |||||
| Date | Particulars | J. F. | Amount | Date | Particulars | J. F. | Amount |
| 2023 | 2023 | ||||||
| Apr.5 | By Cash A/c | 17,000 | |||||
| Apr.13 | By Cash A/c | 4,500 | |||||
| Apr.25 | By Vikas A/c | 23,500 | |||||
| Dr. | Rahul A/c | Cr. | |||||
| Date | Particulars | J. F. | Amount | Date | Particulars | J. F. | Amount |
| 2023 | 2023 | ||||||
| Apr.8 | To Bank A/c | 13,500 | Apr.11 | By Bank A/c | 13,500 | ||
| Apr.8 | To Discount A/c | 220 | Apr.11 | By Discount A/c | 220 | ||
| Dr. | Vikas A/c | Cr. | |||||
| Date | Particulars | J. F. | Amount | Date | Particulars | J. F. | Amount |
| 2023 | 2023 | ||||||
| Apr.25 | To Sales A/c | 23,500 | Apr.25 | By Bank A/c | 25,820 | ||
| Apr.25 | To Output CGST A/c | 1,410 | Apr.25 | By Discount A/c | 500 | ||
| Apr.25 | To Output SGST A/c | 1,410 | |||||
| 26,320 | 26,320 | ||||||
| Dr. | Furniture A/c | Cr. | |||||
| Date | Particulars | J. F. | Amount | Date | Particulars | J. F. | Amount |
| 2023 | 2023 | ||||||
| Apr.9 | To Sales A/c | 10,000 | |||||
| Dr. | Rohit A/c | Cr. | |||||
| Date | Particulars | J. F. | Amount | Date | Particulars | J. F. | Amount |
| 2023 | 2023 | ||||||
| Apr.10 | To Cash A/c | 5,000 | |||||
| Apr.10 | To Discount received A/c | 100 | |||||
| Dr. | Interest A/c | Cr. | |||||
| Date | Particulars | J. F. | Amount | Date | Particulars | J. F. | Amount |
| 2023 | 2023 | ||||||
| Apr.16 | To Bank A/c | 500 | |||||
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| Dr. | Telephone expenses A/c | Cr. | |||||
| Date | Particulars | J. F. | Amount | Date | Particulars | J. F. | Amount |
| 2023 | 2023 | ||||||
| Apr.20 | To Bank A/c | 600 | |||||
| Dr. | Rent A/c | Cr. | |||||
| Date | Particulars | J. F. | Amount | Date | Particulars | J. F. | Amount |
| 2023 | 2023 | ||||||
| Apr.27 | To Cash A/c | 800 | |||||
| Dr. | Output CGST A/c | Cr. | |||||
| Date | Particulars | J. F. | Amount | Date | Particulars | J. F. | Amount |
| 2023 | 2023 | ||||||
| Apr.5 | By Cash A/c | 1,020 | |||||
| Apr.13 | By Cash A/c | 270 | |||||
| Apr.25 | By Bank A/c | 1,410 | |||||
| Dr. | Output SGST A/c | Cr. | |||||
| Date | Particulars | J. F. | Amount | Date | Particulars | J. F. | Amount |
| 2023 | 2023 | ||||||
| Apr.5 | By Cash A/c | 1,020 | |||||
| Apr.13 | By Cash A/c | 270 | |||||
| Apr.25 | By Bank A/c | 1,410 | |||||
| Dr. | Drawings A/c | Cr. | |||||
| Date | Particulars | J. F. | Amount | Date | Particulars | J. F. | Amount |
| 2023 | 2023 | ||||||
| Apr.29 | To Cash A/c | 1,000 | |||||
| Dr. | Sales A/c | Cr. | |||||
| Date | Particulars | J. F. | Amount | Date | Particulars | J. F. | Amount |
| 2023 | 2023 | ||||||
| Apr.30 | To Cash A/c | 2,000 | |||||
| Dr. | Discount allowed A/c | Cr. | |||||
| Date | Particulars | J. F. | Amount | Date | Particulars | J. F. | Amount |
| 2023 | 2023 | ||||||
| Apr.25 | To Vikas A/c | 500 | |||||
| Dr. | Interest received A/c | Cr. | |||||
| Date | Particulars | J. F. | Amount | Date | Particulars | J. F. | Amount |
| 2023 | 2023 | ||||||
| Apr.30 | By Bank A/c | 2,500 | |||||
| Dr. | Discount received A/c | Cr. | |||||
| Date | Particulars | J. F. | Amount | Date | Particulars | J. F. | Amount |
| 2023 | 2023 | ||||||
| Apr.11 | To Rahul A/c | 220 | Apr.8 | By Rahul A/c | 220 | ||
| Apr.10 | By Rohit A/c | 100 | |||||
| Dr. | Input CGST A/c | Cr. | |||||
| Date | Particulars | J. F. | Amount | Date | Particulars | J. F. | Amount |
| 2023 | 2023 | ||||||
| Apr.9 | To Cash A/c | 600 | |||||
| Apr.20 | To Bank A/c | 36 | |||||
| Apr.27 | To Cash A/c | 48 | |||||
| Dr. | Input SGST A/c | Cr. | |||||
| Date | Particulars | J. F. | Amount | Date | Particulars | J. F. | Amount |
| 2023 | 2023 | ||||||
| Apr.9 | To Cash A/c | 600 | |||||
| Apr.20 | To Bank A/c | 36 | |||||
| Apr.27 | To Cash A/c | 48 | |||||
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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 10 Chapter 7 – Unimax Publications of Class 11
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Question 22 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.
If you’re a student enrolled in the Punjab School Education Board Class 11, it’s essential to explore a wide range of books to cover the syllabus thoroughly. While the prescribed textbooks are undoubtedly valuable, supplementing your studies with additional resources can enhance your understanding and knowledge. Consider checking out other books that align with the curriculum, offering different perspectives and insights on the subjects you’re studying. These supplementary materials can provide you with alternative explanations, practice questions, and examples that may aid in clarifying complex concepts. Moreover, exploring diverse sources can expose you to a variety of writing styles and viewpoints, fostering a broader understanding of the subjects. So, seize the opportunity to expand your learning by delving into other books that can complement your studies and contribute to your academic growth.
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