
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.
This guide covers "Question 17 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.
You can take our custom-built interactive practice quiz directly on this page to test your understanding of "Question 17 Chapter 7 – Unimax Publications of Class 11" instantly.