Question No 16 Chapter No 7 - UNIMAX Class 11 - Solution

Question No 16 Chapter No 7 - UNIMAX Class 11

16. Enter the following transaction in a two-column cash book:

2020		₹
Feb.1	Cash in hand	6,300
Feb.1	Cash in bank	1,82,800
Feb.3	Discount a bill of ₹ 2,000 at 2% through the bank
Feb.6	Bought goods for ₹4,000
	The paid cheque for them, discount allowed ₹2%.
Feb.16	Paid trade expenses	240
Feb.17	Paid taxes	800
Feb.18	Paid insurance charges	200
Feb.26	Sold goods for ₹25,000
	Received a cheque for them, discount allowed 2%.
Feb.28	Received cheque from Raman & Co.	12,000
Feb.28	Purchases 100 War bonds for 200 for each at 190 each and paid for them by cheque

The solution of Question No 16 Chapter No 7 - UNIMAX Class 11

Dr.	Cash Book								Cr.
Date	Particulars	L. F.	cash	Bank	Date	Particulars	L. F.	cash	Bank
2020					2020
Feb.1	To Balance b/d		6,300	1,82,800	Feb.6	By Purchases A/c			3,920
Feb.3	To B/R A/c			1,960	Feb.16	By Trade expenses A/c		240
Feb.26	To Sales A/c			24,500	Feb.17	By Taxes A/c		800
Feb.28	To Raman A/c			12,000	Feb.18	By Insurance A/c		200
					Feb.28	By Investment A/c			19,000
					Feb.28	By Balance c/d		5,060	1,98,340
			6,300	2,21,260				6,300	2,21,260
Mar.1	To balance b/d		5,060	1,98,340

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