Problem No 02 Chapter No 7 – UNIMAX  Class 11 – Solution

Problem No 02 Chapter No 7 - UNIMAX Class 11 - Solution-min

Problem No 02 Chapter No 7 – UNIMAX  Class 11

Free Accounting book Solution - Class 11 and Class 12

Prepare a two-column cash book:          

2020  
Jan.1 Cash in hand ₹ 1,600. Bank overdraft of ₹ 1,000
Jan.7 Discount a bill for ₹ 5,000 at 1% through the bank.
Jan.9 Paid into bank ₹ 1,000.
Jan.11 Joginder who owed us ₹ 200 became and paid as 50 paise per rupee.
Jan.20 Received repayment off loan ₹3,000 and deposited out of it ₹ 2,000 in the bank.
   

The solution of Problem No 02 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 Balance b/d   1,600   Jan.1 By Balance b/d     1,000
Jan.7 To Bills receivable A/c     4,950 Jan.9 By Bank A/c   1,000  
Jan.9 To Cash A/c     1,000 Jan.15 By Drawings A/c     100
Jan.11 To Joginder’s A/c   100   Jan.31 By Installation charges/c   2,000  
Jan.20 To Loan A/c   1,0000 2,000 Jan.31 By Balance C/d   1,700 6,850
                   
      2,700 7,950       2,700 7,950
Feb.1 To balance b/d   1,700 6,850          

Read out the full article

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 

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