Question No 08 Chapter No 7 - UNIMAX Class 11 - Solution

Question No 08 Chapter No 7 - UNIMAX Class 11

8. Enter the following transactions in a two cash book:      

2020
Jan.1	Commenced business with cash	50,000
Jan.2	Deposited into bank	40,000
Jan.3	Received cash from Mohan ₹950 in full settlement of a debt of	1,000
Jan.4	Bought goods for cash	10,000
Jan.4	Bought goods by cheque	15,000
Jan.5	Sold goods by cheque ₹20,000 and deposited into the bank the same day
Jan.5	Paid to Arun by cheque ₹1,900in full settlement of his account of ₹2,000
Jan.6	Draw from bank office use ₹1,000

The solution of Question No 08 Chapter No 7 - UNIMAX Class 11

Dr.	Cash Book								Cr.
Date	Particulars	L. F.	cash	Bank	Date	Particulars	L. F.	cash	Bank
2020					2020
Jan.1	To Capital A/c		50,000		Jan.2	By bank A/c		40,000
Jan.2	To Cash A/c			40,000	Jan.4	By purchases A/c		10,000
Jan.3	To Mohan’s A/c		950		Jan.4	By Purchases A/c			15,000
Jan.5	To Sales A/c			20,000	Jan.5	By Arun A/c			1,900
Jan.6	To Bank A/c		1,000		Jan.6	By Cash A/c			1,000
					Jan.31	By Input CGST A/c		4,000
					Jan.7	By Input CGST A/c		240
					Jan.27	By furniture A/c		240
					Jan.27	By Input CGST A/C		15,000
					Jan.27	By Input SGST A/c		900
					Jan. 31	By Salaries A/c		5,000
					Jan.31	By balance c/d		1,950	42,100
			51,950	60,000				51,950	60,000
Feb.1	To balance b/d		1,950	42,100

Read out the full article on the meaning of Cashbook: 

Cash Book | Types of Cash Book | Subsidiary Books

Also, Check out the same article in Hindi from the following link

Cash Book | Types of Cash Book | Subsidiary Books – in Hindi

Also, Check out the solved question of all Chapters: –

Advanced Accountancy – Unimax Class 11 – 2021 – Solution.

Part-I

• Chapter No. 1 - Introduction of Accounting
• Chapter No. 2 - Theory Base of Accounting
• Chapter No. 3 - Vouchers and Transactions
• Chapter No. 4 - Journal
• Chapter No. 5 - Goods and Services Tax (GST): An Introduction
• Chapter No. 6 - Ledger
• Chapter No. 7 - Special Purpose Book -  Cash Book
• Chapter No. 8 - Other Subsidiary Books 
• Chapter No. 9 - Trial Balance 
• Chapter No. 10 - Rectification of Errors
• Chapter No. 11 - Depreciation
• Chapter No. 12 - Provision and Reserves
• Chapter No. 13 - Bank Reconciliation Statement
• Chapter No. 14 - Bills of Exchange 

Students may choose only one part from the Part II and Part III

Part-II

• Chapter No. 15 - Financial Statements (Without Adjustments)
• Chapter No. 16 - Financial Statements (With Adjustments)
• Chapter No. 17 - Accounts from Incomplete Records -  Single Entry System

Part-III

• Chapter No. 18 - Introduction to Computers and Accounting information System
• Chapter No. 19 - Computerised Accounting
• Chapter No. 20 - Accounting Software: Tally 
• Chapter No. 21 - Data Base System
• Chapter No. 22 - Concept of Entity and Relationship