What is the main topic of "Question No 11 Chapter No 8 - USHA Publication 11 Class"?

This guide covers "Question No 11 Chapter No 8 - USHA Publication 11 Class", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to USHA Publication +1 Elements of Book-Keeping.

Who can benefit from this guide on "Question No 11 Chapter No 8 - USHA Publication 11 Class"?

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.

Where can I practice questions related to "Question No 11 Chapter No 8 - USHA Publication 11 Class"?

You can take our custom-built interactive practice quiz directly on this page to test your understanding of "Question No 11 Chapter No 8 - USHA Publication 11 Class" instantly.

Question No 11 Chapter No 8 - USHA Publication 11 Class

⚡

Quick Overview & Key Takeaways

Focus Topic:Question No 11 Chapter No 8 - USHA Publication 11 Class

Estimated Reading Time:4 mins

Comprehensive academic guide covering core concepts of Question No 11 Chapter No 8 - USHA Publication 11 Class.
Syllabus-aligned study material with detailed definitions, formats, and practical examples.
Interactive check: Includes a custom practice quiz at the bottom of the article to self-evaluate knowledge.

Question No 11 Chapter No 8 - USHA

11. Enter the following transaction in the double column cash book of Manoj Kumar and post them into ledger:

2019
Mar.1	Cash in hand Rs 40,000; bank overdraft Rs 15,000
Mar.4	Cash purchases of Rs 1,000 less 10% trade discount plus 14% CGST and SGST
Mar.7	Deposited cash into a bank from office cash Rs 5,000 and personal cash Rs 18,000
Mar.10	Cash sales of Rs 60,000 plus 14% CGST and SGST deposited into bank
Mar.13	Issued cheque to Ramanand Sagar(creditor of Rs 16,000) after receiving 5% cash discount
Mar.16	Received cash Rs 10,800 from Om Parkash which he paid after deducting 10% cash discount
Mar.19	Purchased machinery for Rs 20,000 plus 6% CGST and SGST and paid by cheque
Mar.22	Bank charged commission Rs 600 plus 6% CGST and SGST
Mar.25	Received cash Rs 11,000 and cheque Rs 9,000 from Shashi Kapoor, the cheque was deposited into a bank the next day

The solution of Question No 11 Chapter No 8 - USHA : -

Date	Particulars	Cash	Bank	Date	Particulars	Cash	Bank
Dr.	Cash Book					Cr.
2019				2019
Mar.1	To Balance b/d	40,000		Mar.1	By Balance b/d		15,000
Mar.7	To Cash A/c		5,000	Mar.4	By Purchase A/c	900
Mar.7	To Capital A/c		18,000	Mar.4	By Input CGST A/c	126
Mar.10	To Sale A/c	60,000		Mar.4	By Input SGST A/c	126
Mar.10	To Output CGST A/c	8,400		Mar.7	By Bank A/c	5,000
Mar.10	To Output SGST A/c	8,400		Mar.10	By Bank A/c	76,800
Mar.10	To Cash A/c		76,800	Mar.13	By Ramanand Singh A/c		15,200
Mar.16	To Cash A/c	10,800		Mar.19	By Machinery/c		20,000
Mar.25	To Shashi Kapoor A/c	11,000		Mar.19	By Input CGST A/c		1,200
Mar.26	To Cheque in hand A/c		9,000	Mar.19	By Input SGST A/c		1,200
				Mar.22	By Bank Commission A/c		600
				Mar.29	By Input CGST A/c		36
				Mar.29	By Input SGST A/c		36

				Feb.28	By Balance C/d	40,080
		1,38,600	1,08,800			1,38,600	1,08,800