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Question 17 Chapter 7 – Unimax Publications of Class 11

Question 17 Chapter 7 – Unimax Publications of Class 11

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Question 17 Chapter 7 – Unimax Publications of Class 11

17. Make out the two-column cash book of M/S Varun and Virat from the following particulars:

Mar.1Cash in hand2,600
 Bank overdraft900
 Paid salaries for Feb.500
Mar.3Purchases goods for cash 60
 Cash sales160
Mar.4Issued cheque in favour of Mohit and Co. to settle their account580
Mar.9Received cash from Krish & Co. (discount allowed ₹470 30) 
Mar.15Received cheque from Mohan (in full settlement ₹ 440) and paid into the bank380
Mar.19Cheque issued in favour of Sohan for purchases of furniture320
 Cheque of Mohan discounted bank debit in respect of charges.6
 Paid rent by cheque200
 Banks collect interest on securities500

The solution of Question 17 Chapter 7 – Unimax Publications of Class 11

Dr.Cash BookCr. 
DateParticulars
L. F.cashBankDateParticulars
L. F.cashBank
2023    2023    
Mar.1To Balance b/d 2,600 Mar.1By Balance b/d  900
Mar.3To Sales A/c 160 Mar.1By Salaries A/c 500 
Mar.9To Krish &Co. A/c 470 Mar.3By Purchases A/c 60 
Mar.15To Mohan A/c  380Mar.4By Mohit & Co. A/c  520
Mar.19To Interest on securities A/c  500Mar.15By Sohan A/c  320
     Mar.19By Mohan A/c  386
     Mar.19By Rent A/C  200
Mar.31To Balance c/d  1,446Mar.31By Balance c/d 2,670 
   3,3202,326    3,3202,326 
Apr.1To Balance b/d 2,670 Apr.1By balance b/d  1,446

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 7 Chapter 7 – Unimax Publications of Class 11

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Question 19 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

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2. Punjab School Education Board (PSEB) Solutions of Usha Publication.

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