Question No 05 Chapter No 7 – UNIMAX Class 11 – Solution

Question No 05 Chapter No 7 - UNIMAX Class 11 - Solution-min

Question No 05 Chapter No 7 – UNIMAX Class 11   

Free Accounting book Solution - Class 11 and Class 12

5. Enter the following transactions in a simple cash book of Reema, Dehli:

2020  
Jan.1 Started business with cash 1,00,000
Jan.2 Opened a bank account and deposited  50,000
Jan.3 Purchases goods for cash for ₹20,000 plus CGST and SGST @6% each from Kalra Electricals, Delhi  
Jan.3 Sold goods of ₹ 5,000 plus IGST @ 12 % to Ram of Chandigarh on credit  
Jan.5 Received from Ram  3,000
Jan.7 Paid rent of ₹4,000 plus CGST and SGST @6% each   
Jan.8 Sold goods for cash ₹10,000 plus CGST and SGST @6% each   
Jan.10  Withdrew cash from the bank  7,000
Jan.27 Purchased furniture in cash ₹15,000 plus CGST and SGST @ 6% each from a trader of Delhi  
Jan.31 Paid Salaries 5,000

The solution of Question No 05 Chapter No 7 – UNIMAX Class 11

Dr.
Cash Book
Cr.
Date Particulars
L. F. cash Date Particulars
L. F. cash
2020       2020      
Jan.1 To Capital A/c   1,00,000 Jan.2 By bank A/c   50,000
Jan.5 To Ram A/c   3,000 Jan.3 By purchases A/c   20,000
Jan.8 To Sales A/c   10,000 Jan.3 By Input CGST A/c   1,200
Jan.8 To Output CGST A/c   600 Jan.3 By Input SGST A/c   1,200
Jan.8 To Output CGST A/c   600 Jan.7 By Rent A/c   4,000
Jan.10 To Bank A/c   7,000 Jan.7 By Input CGST A/c   240
        Jan.7 By Input CGST A/c   240
        Jan.27 By furniture A/c   15,000
        Jan.27 By Input CGST A/C   900
        Jan.27 By Input SGST A/c   900
        Jan. 31 By Salaries A/c   5,000
        Jan.31 By balance c/d   22,520
      1,21,200       1,21,200
Feb.1 To balance b/d   22,520        

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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