Question No 13 Chapter No 7 - UNIMAX Class 11 - Solution

Question No 13 Chapter No 7 - UNIMAX Class 11

13. Prepare cash book with bank column of Dishant, Ludhiana from the following transactions :

Apr.1	Cash in hand	2,20,000
Apr.1	Cash at bank (overdraft)	60,000
Apr.3	Deposited in bank	80,000
Apr.4	Goods purchases for ₹34,000 plus CGST and SGST @ 6% each and issued a cheque for the same
Apr.7	Cash purchases plus CSGT and SGST @ 6% each	16,000
Apr.8	Paid commission by cheque including CGST and SGST @ 6%	13,440
Apr.9	Withdrew from the bank for private use	2,500
Apr.12	Received from Ved in full settlement of his account ₹ 6,000, half of the amount was deposited into the bank on the same day
Apr.16	Interest collected by bank 14,000
Apr.20	Cash sales including CGST and SGST @ 6% each 47,040
Apr.22	Salaries paid 40,000
Apr.22	Goods sold to Sons & Co. Kolkata plus IGST @ 12% 36,000
Apr.23	Received cheque from Sons & Co. after a discount of ₹ 80039,520
Apr.27	Deposited the cheque received from Sons & Co. into the bank

The solution of Question No 13 Chapter No 7 - UNIMAX Class 11

Dr.	Cash Book								Cr.
Date	Particulars	L. F.	Cash	Bank	Date	Particulars	L. F.	Cash	Bank
2020					2020
Apr.1	To Balance b/d		2,20,000		Apr.1	By Balance b/d			60,000
Apr.3	To Cash A/c			80,000	Apr.3	By Bank A/c		80,000
Apr.12	To Ved A/c		6,000		Apr.4	By purchases A/c			34,000
Apr.16	To Cash A/c			3,000	Apr.4	By Input CGST A/c			2,040
Apr.20	To Interest A/c			14,000	Apr.4	By Input SGST A/c			2,040
Apr.20	To Sales A/c		42,000		Apr.7	By Purchases A/c		16,000
Apr.20	To Output CGST A/c		2,520		Apr.7	By Input CGST A/c		960
Apr.20	To Output SGST A/c		2,520		Apr.7	By Input SGST A/c		960
Apr.27	To Cheque in hand A/c			39,520	Apr.8	By Commission A/c			12,000
					Apr.8	By Input CGST A/c			720
					Apr.8	By Input SGST A/c			720
					Apr.9	By Drawing A/c			2,500
					Apr.12	By Bank A/c		3,000
					Apr.22	By Salaries A/c		40,000
					Apr.30	By balance c/d		1,32,120	22,500
			2,73,040	1,36,520				2,73,040	1,36,520
May.1	To balance b/d		1,32,120	22,500

 

Journal

Date	Particulars		L. F.	DRBIT	CREDIT
2020
Apr.22	Sons & Co. A/c	Dr.		40,320
	To Sales A/c				36,000
	To Output IGST A/c				4,320
	(Being sales made on credit)
Apr.23	Cheque in hand A/c	Dr.		39,520
	Discount allowed A/c	Dr.		800
	To Sons & Co. A/c				40,320
	(Being the discount allowed to Sons & Co. against payment received by cheque)

Read out the full article to know the meaning of Cash Book

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