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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.1 | Cash in hand | 2,600 |
| Bank overdraft | 900 | |
| Paid salaries for Feb. | 500 | |
| Mar.3 | Purchases goods for cash | 60 |
| Cash sales | 160 | |
| Mar.4 | Issued cheque in favour of Mohit and Co. to settle their account | 580 |
| Mar.9 | Received cash from Krish & Co. (discount allowed ₹470 30) | |
| Mar.15 | Received cheque from Mohan (in full settlement ₹ 440) and paid into the bank | 380 |
| Mar.19 | Cheque issued in favour of Sohan for purchases of furniture | 320 |
| Cheque of Mohan discounted bank debit in respect of charges. | 6 | |
| Paid rent by cheque | 200 | |
| Banks collect interest on securities | 500 |
| Dr. | Cash Book | Cr. | |||||||
| Date | Particulars |
L. F. | cash | Bank | Date | Particulars |
L. F. | cash | Bank |
|---|---|---|---|---|---|---|---|---|---|
| 2023 | 2023 | ||||||||
| Mar.1 | To Balance b/d | 2,600 | Mar.1 | By Balance b/d | 900 | ||||
| Mar.3 | To Sales A/c | 160 | Mar.1 | By Salaries A/c | 500 | ||||
| Mar.9 | To Krish &Co. A/c | 470 | Mar.3 | By Purchases A/c | 60 | ||||
| Mar.15 | To Mohan A/c | 380 | Mar.4 | By Mohit & Co. A/c | 520 | ||||
| Mar.19 | To Interest on securities A/c | 500 | Mar.15 | By Sohan A/c | 320 | ||||
| Mar.19 | By Mohan A/c | 386 | |||||||
| Mar.19 | By Rent A/C | 200 | |||||||
| Mar.31 | To Balance c/d | 1,446 | Mar.31 | By Balance c/d | 2,670 | ||||
| 3,320 | 2,326 | 3,320 | 2,326 | ||||||
| Apr.1 | To Balance b/d | 2,670 | Apr.1 | By balance b/d | 1,446 | ||||
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.
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