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Question 18 Chapter 7 – Unimax Publications of Class 11
18. Prepare a two-column cash book from the following transaction of Shivam.
| 2023 | ₹ | |
| Jan.1 | Cash in hand | 1,00,000 |
| Jan.1 | Cash in bank | 1,20,000 |
| Jan.3 | Bought goods by cheque | 40,000 |
| Jan.4 | Bought goods for cash | 10,000 |
| Jan.7 | Discount a bill of exchange at 1% through the bank | 50,000 |
| Jan.9 | Paid Trade expenses | 2,000 |
| Jan.10 | Paid into bank | 20,000 |
| Jan.11 | Honoured our own acceptance by cheque | 1,00,000 |
| Jan.12 | Amount received from Rittu against bad debts written off previously | 5,000 |
| Jan.13 | Received cash from Kamal | 6,000 |
| Jan.13 | Allowed discount | 500 |
| Jan.14 | Paid to Sunil | 6,000 |
| Jan.14 | Allowed discount | 500 |
| Jan.15 | Received ₹20,000 for a bill of exchange from Hari and deposited the same into bank | |
| Jan.16 | Withdrew from the bank for private expenses | 5,000 |
| Jan.17 | Withdrew from bank | 8,000 |
| Jan.18 | Sold goods for cash | 4,000 |
| Jan.21 | Received payment of Loan ₹ 80,000 and deposited ₹ 40,000 out of it into the bank. | |
| Jan.22 | Bank charges as per passbook | 50 |
| Jan.24 | Bank allowed interest | 3,000 |
The solution of Question 18 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 | ||||||||
| Feb.1 | To Balance b/d | 1,00,000 | 1,20,000 | Jan.3 | By Purchases A/c | 40,000 | |||
| Jan.7 | To Bill received A/c | 49,500 | Jan.4 | By Purchases A/c | 10,000 | ||||
| Jan.10 | To Cash A/c | 20,000 | Jan.9 | By Trade expenses A/c | 2,000 | ||||
| Jan.12 | To Bad debts recovered A/c | 5,000 | Jan.10 | By Bank A/c | 20,000 | ||||
| Jan.11 | By Bill payable A/c | 1,00,000 | |||||||
| Jan.13 | To Kamal A/c | 6,000 | Jan.14 | By Sunil A/c | 6,000 | ||||
| Jan.15 | To Bill receivable A/c | 20,000 | Jan.16 | By Drawings A/c | 5,000 | ||||
| Jan.17 | To Bank A/c | 8,000 | Jan.17 | By Cash A/c | 8,000 | ||||
| Jan.18 | To Sales A/c | 4,000 | Jan.22 | By Bank charges A/c | 50 | ||||
| Jan.19 | To Sales A/c | 1,80,000 | Jan.31 | By balance c/d | 1,25,000 | 2,79,450 | |||
| Jan.21 | To Loan A/c | 40,000 | 40,000 | ||||||
| Jan.24 | To Bank interest A/c | 3,000 | |||||||
| 1,63,000 | 4,32,500 | 1,63,000 | 4,32,500 | ||||||
| Feb.1 | To balance b/d | 1,25,000 | 2,79,450 | ||||||
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
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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