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Question 9 Chapter 7 – Unimax Publications of Class 11

Question 9 Chapter 7 – Unimax Publications of Class 11

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Question 9 Chapter 7 – Unimax Publications of Class 11

9. Enter the following transactions in the two-column cash book and balance it :

Feb.1Commenced business with cash30,000
Feb.2Opened a current account in the state bank of India and deposited16,000
Feb.2Purchases goods and paid for these by cheque3,200
Feb.5Sold goods and received cheque2,000
 Discount allowed10
 Cash in hand (Balance deposited into the bank)10,500
   

The solution of Question 9 Chapter 7 – Unimax Publications of Class 11

Dr.Cash BookCr. 
DateParticulars
L. F.CashBankDateParticulars
L. F.cashBank
2023    2023    
Feb.1To Capital A/c 30,000 Feb.2By bank A/c 16,000 
Feb.2To Cash A/c  16,000Feb.2By purchases A/c  3,200
Feb.5To Sales A/c  2,000Feb.5By Bank A/c 3,500 
Feb.5To Cash A/c  3,500     
     Feb.5By balance c/d 10,50018,300
   30,00021,500   30,00021,500
Feb.6To balance b/d 10,50018,300     

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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