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✦ FREE LEARNING — CLASS 11 & 12 — CBSE · PSEB — ACCOUNTS · ECONOMICS · BST ✦
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Question 16 Chapter 7 – Unimax Publications of Class 11
16. Enter the following transaction in a two-column cash book:
| 2023 | ₹ | |
| Feb.1 | Cash in hand | 6,300 |
| Feb.1 | Cash in bank | 1,82,800 |
| Feb.3 | Discount a bill of ₹ 2,000 at 2% through the bank | |
| Feb.6 | Bought goods for ₹4,000 | |
| The paid cheque for them, discount allowed ₹2%. | ||
| Feb.16 | Paid trade expenses | 240 |
| Feb.17 | Paid taxes | 800 |
| Feb.18 | Paid insurance charges | 200 |
| Feb.26 | Sold goods for ₹25,000 | |
| Received a cheque for them, discount allowed 2%. | ||
| Feb.28 | Received cheque from Raman & Co. | 12,000 |
| Feb.28 | Purchases 100 War bonds for 200 for each at 190 each and paid for them by cheque |
| Dr. | Cash Book | Cr. | |||||||
| Date | Particulars |
L. F. | cash | Bank | Date | Particulars |
L. F. | cash | Bank |
|---|---|---|---|---|---|---|---|---|---|
| 2023 | 2023 | ||||||||
| Feb.1 | To Balance b/d | 6,300 | 1,82,800 | Feb.6 | By Purchases A/c | 3,920 | |||
| Feb.3 | To B/R A/c | 1,960 | Feb.16 | By Trade expenses A/c | 240 | ||||
| Feb.26 | To Sales A/c | 24,500 | Feb.17 | By Taxes A/c | 800 | ||||
| Feb.28 | To Raman A/c | 12,000 | Feb.18 | By Insurance A/c | 200 | ||||
| Feb.28 | By Investment A/c | 19,000 | |||||||
| Feb.28 | By Balance c/d | 5,060 | 1,98,340 | ||||||
| 6,300 | 2,21,260 | 6,300 | 2,21,260 | ||||||
| Mar.1 | To balance b/d | 5,060 | 1,98,340 | ||||||
Accounting & Commerce Educator
Sarbjit Singh holds a B.Com and M.Com degree and has over 12 years of teaching experience in double entry bookkeeping, financial accounting, and business studies.
This guide covers "Question 16 Chapter 7 – Unimax Publications of Class 11", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to Unimax Accountancy Class 11 - 2023.
It is primarily curated for Class 11 and Class 12 high school commerce, accounting, and economics students, as well as aspirants preparing for board exams or CA Foundation.
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