Problem No 04 Chapter No 7 – UNIMAX  Class 11

Problem No 04 Chapter No 7 - UNIMAX Class 11 - Solution-min

Problem No 04 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  
Jan.1 Cash in hand ₹ 1,600. Bank overdraft ₹ 10,000.
Jan.5 Discount a B/R for ₹ 15,000 at 2% through the bank.
Jan.7 Bought goods for cash of ₹ 1,200 and for a cheque of ₹5,000.
Jan.10 Purchases computer for ₹ 6,000
Jan.14 Paid into Bank ₹4,000.
Jan.18 Ramesh who owed us ₹ 500 became bankrupt and paid us 50 paise in a rupee.
Jan.20 Received ₹ 1,000 from Manoj and allowed him to discount ₹20.
Jan.23 Withdrew from the bank for office use ₹20,000.
Jan.25 Goods sold for cash ₹1,000 and for a cheque of ₹9,000.
   

The solution of Problem No 04 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 10,000 Jan.1 By Purchases A/c   1,200 5,000
Jan.5 To Bills receivable A/c     14,700 Jan.9 By computer A/c   6,000  
Jan.14 To Cash A/c     4,000 Jan.14 By Bank A/c   4,000 100
Jan.18 To Ramesh’s A/c   250   Jan.23 By Cash A/c     20,000
Jan.20 To Manoj’s A/c   1,000 2,000          
Jan.23 To Bank A/c   20,000            
Jan.25 To Sales A/c   1,000 9,000          
                   
                   
                   
      23,850 37,700 Jan.31 By Balance C/d   12,650 12,700
Feb.1 To balance b/d   12,650 12,700       23,850 23,850

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

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 

Leave a Reply

Your email address will not be published.