Question No 10 Chapter No 8 – USHA Publication 11 Class

Question No 10 Chapter No 8

Question No 10 Chapter No 8

10. Enter the following transaction in double column cash book of Avtar Singh and balance it :

2019   Rs
Feb.1 Cash in hand  30,000
  Bank overdraft 45,000
Feb.2 Paid salaries for January 25,000
Feb.5 Purchased goods for cash, CGST6% and SGST6% 3,000
Feb.8 Cash sale, CGST 6% SGST6% 12,000
Feb.11 Issued cheque in favour of Krishna & Co. to Settle their account of Rs 27,000 26,000
Feb.14 Received cash from Dhawan & Co. 25,000
Feb.16 Received cheque from Ali Bros (in full settlement of their debt of Rs 20,000) 19,000
Feb.18 Cheque issued in favour of Mohit for purchase of furniture  16,000
Feb.21 Cheque of Ali Bros. dishonoured, bank debits respect of changes 200
Feb.24 Bank collects interest on securities 15,000
Feb.27 Paid rent by cheque including 6% CGST and 6% SGST 11,200

 

The solution of Question No 10 Chapter No 8: –

 

Dr. Cash Book Cr.  
Date Particulars
L.
F.
Cash Bank Date Particulars
L
.F.
Cash Bank
2018         2018        
Feb.1 To Balance b/d   30,000   Feb.1 By Balance b/d     45,000
Feb.8 To Sale A/c   12,000   Feb.2 By outstanding Salaries A/c   25,000  
Feb.8 To Output CGST A/c   720   Feb.5 By Purchase A/c   3,000  
Feb.8 To Output SGST A/c   720   Feb.5 By Input CGST A/c   180  
Feb.14 To Dhawan A/c   25,000   Feb.5 By Input SGST A/c   180  
Feb.16 To Ali Bros A/c     19,000 Feb.11 By Krishna & Co. A/c     26,000
Feb.24 To Interest on Securities A/c     15,000 Feb.16 By Furniture A/c     16,000
          Feb.21 By Ali Bros A/c     19,200
          Feb.27 By Rent A/c     10,000
          Feb.27 By Input CGST A/c     600
          Feb.27 By Input SGST A/c     600
                   
Feb.28 To Balance C/d     83,400 Feb.28 By Balance C/d   40,080  
      68,440 1,17,400       68,440 1,17,400

 

 

Cash Book | Types of Cash Book | Subsidiary Books

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Usha Publication – Elements of Book-Keeping PSEB (Class 11) – Solution

Chapter No. 1 – Introduction

Chapter No. 2 – Theory Base of Accounting 

Chapter No. 3 – Origin of Transactions

Chapter No. 4 – Vouchers and transactions

Chapter No. 5 – Journal

Chapter No. 6 – Accounting for Goods and Services Tax(GST)

Chapter No. 7 – Ledger

Chapter No. 8 – Cash Book

Chapter No. 9 – Other Subsidiary Books

Chapter No. 10 – Journal Proper

Chapter No. 11 – Trial Balance

Chapter No. 12 – Bank Reconciliation Statement

Chapter No. 13 – Depreciation

Chapter No. 14 – Provisions and Reserves 

Chapter No. 15 – Bills of Exchange

Chapter No. 16 – Rectification of Errors 

Chapter No. 17 – Financial Statements – (Without Adjustments)

Chapter No. 18 – Financial Statements – (With Adjustments)

 

 

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