Problem No 03 Chapter No 7 – UNIMAX  Class 11 – Solution

Problem No 03 Chapter No 7 - UNIMAX Class 11 - Solution-min

Problem No 03 Chapter No 7 – UNIMAX  Class 11

Free Accounting book Solution - Class 11 and Class 12

Prepare a cash book with cash and bank column from the following transactions:

2020    
March 1 Cash in hand ₹ 5,000, bank overdraft 1,000
March 2 General expenses paid 500
March 3 Deposited into bank 2,000
March 7 Purchased goods from Hari on credit  4,000
March 10 Paid to Hari in full settlement  3,500
March 15 Recovered from Ravi, who owes ₹ 5,000, ₹ 2,000  
     

The solution of Problem No 03 Chapter No 7 – UNIMAX  Class 11

Dr.
Cash Book
  Cr. 
Date Particulars
L. F. cash bank Date Particulars
L. F. cash bank
2020         2020        
Mar.1 To Balance b/d   5,000   Mar.1 By Balance b/d     1,000
Mar.3 To Cash A/c     2,000 Mar.2 By General expenses A/c   500  
Mar.15 To Ravi’s A/c   2,000 1,000 Mar.3 By Bank A/c     100
Jan.11 To Joginder’s A/c   100   Mar.8 By Drawing A/c     100
Jan.20 To Loan A/c   1,0000 2,000 Mar.10 By Hari’s A/c   3,500  
                   
                   
          Mar.31 By Balance C/d   1,000 900
Apr.1 To balance b/d   7,000 2,000       7,000 2,000
      1,000 900           

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

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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