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Question 5 Chapter 7 – Unimax Publications of Class 11

Question 5 Chapter 7 – Unimax Publications of Class 11

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Question 5 Chapter 7 – Unimax Publications of Class 11

5. Enter the following transactions in a simple cash book of Reema, Dehli:

2023 
Jan.1Started business with cash1,00,000
Jan.2Opened a bank account and deposited 50,000
Jan.3Purchases goods for cash for ₹20,000 plus CGST and SGST @6% each from Kalra Electricals, Delhi 
Jan.3Sold goods of ₹ 5,000 plus IGST @ 12 % to Ram of Chandigarh on credit 
Jan.5Received from Ram 3,000
Jan.7Paid rent of ₹4,000 plus CGST and SGST @6% each  
Jan.8Sold goods for cash ₹10,000 plus CGST and SGST @6% each  
Jan.10 Withdrew cash from the bank 7,000
Jan.27Purchased furniture in cash ₹15,000 plus CGST and SGST @ 6% each from a trader of Delhi 
Jan.31Paid Salaries5,000

The solution of Question 5 Chapter 7 – Unimax Publications of Class 11

Dr.
Cash Book
Cr.
DateParticulars
L. F.cashDateParticulars
L. F.cash
2023   2023   
Jan.1To Capital A/c 1,00,000Jan.2By bank A/c 50,000
Jan.5To Ram A/c 3,000Jan.3By purchases A/c 20,000
Jan.8To Sales A/c 10,000Jan.3By Input CGST A/c 1,200
Jan.8To Output CGST A/c 600Jan.3By Input SGST A/c 1,200
Jan.8To Output CGST A/c 600Jan.7By Rent A/c 4,000
Jan.10To Bank A/c 7,000Jan.7By Input CGST A/c 240
    Jan.7By Input CGST A/c 240
    Jan.27By furniture A/c 15,000
    Jan.27By Input CGST A/C 900
    Jan.27By Input SGST A/c 900
    Jan. 31By Salaries A/c 5,000
    Jan.31By balance c/d 22,520
   1,21,200   1,21,200
Feb.1To balance b/d 22,520    

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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