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✦ FREE LEARNING — CLASS 11 & 12 — CBSE · PSEB — ACCOUNTS · ECONOMICS · BST ✦
Question No 20 Chapter No 7 - UNIMAX Class 11
20. Enter the following transactions in a cash book.
| 2020 | |
| Mar.1 | Commenced business with ₹2,00,000 of which₹ 50,000 were borrowed from Kumar. |
| Mar.4 | Opened current account with OBC bank ₹50,000. |
| Mar.5 | Purchased a typewriter for ₹5,000 and spent ₹1,000 on its repairs. |
| Mar.6 | Bought goods by cheque ₹10,000. |
| Mar.7 | Transferred from current account to fixed deposit account in bank ₹10,000. |
| Mar.8 | Sold goods for cash ₹40,000 and cheque ₹20,000. |
| Mar.9 | Paid petty cash expenses of ₹500 |
| Mar.11 | Deposited the above cheque into the bank. |
| Mar.13 | Purchases goods from Sunit for ₹20,000 |
| Mar.15 | Sent a cheque in payment of the fees of proprietor’s daughter ₹1,000 |
| Mar.18 | Cash sales received a cheque of ₹ 5,000 |
| Mar.19 | Settled Sunita account by cheque ₹19,000 |
| Mar.20 | Deposited the above cheque into the bank, collection charges ₹50 |
| Mar.24 | Paid Salary ₹4,000 |
| Mar.26 | Bank charges ₹20 |
| Mar.27 | Goods worth ₹ 10,000 were purchased from Siya Ram. Its payment was made by cheque after a 5% cash discount. |
| Mar.31 | Repaid the loan taken from Mr Kumar including interest @ 18%. |
| Dr. | Cash Book |
Cr. | |||||||
| Date | Particulars |
L. F. | cash | Bank | Date | Particulars |
L. F. | cash | Bank |
|---|---|---|---|---|---|---|---|---|---|
| 2020 | 2020 | ||||||||
| Mar.1 | To Capital A/c | 2,00,000 | Mar.4 | By Bank A/c | C | 50,000 | |||
| Mar.4 | To Cash A/c | C | 50,000 | Mar.5 | By Typewriter A/c | 6,000 | |||
| Mar.8 | To Sales A/c | 40,000 | Mar.6 | By Purchases A/c | 10,000 | ||||
| Mar.11 | To Cheque in hand A/c | 20,000 | Mar.7 | By Fixed deposit A/c | 10,000 | ||||
| Mar.20 | To Cheque in hand A/c | C | 5,000 | Mar.9 | By petty expenses A/c | 500 | |||
| Mar.15 | By Drawing A/c | 1,000 | |||||||
| Mar.19 | By Sunita A/c | 19,000 | |||||||
| Mar.20 | By Collection charges | 50 | |||||||
| Mar.24 | By Salary A/c | 4,000 | |||||||
| Mar.26 | By Bank charges A/c | 20 | |||||||
| Mar.27 | By Siya Ram A/c | 9,500 | |||||||
| Mar.31 | By Kumar’s loan A/c | 59,000 | |||||||
| Mar.31 | By balance c/d | 1,20,500 | 25,430 | ||||||
| 2,40,000 | 75,000 | 2,40,000 | 75,000 | ||||||
| Apr.1 | To Balance b/d | 1,20,500 | 25,430 | ||||||
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: –
Part-I
Students may choose only one part from the Part II and Part III
Part-II
Part-III
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 No 20 Chapter No 7 - UNIMAX Class 11 - Solution", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to Chapter No. 7 Special Purpose Book - Cash Book - Unimax +1.
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.
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