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

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

Question No 11 Chapter No 7 – UNIMAX Class 11

11. Prepare two column cash book from the following transactions :

 Mar.1 Cash in hand ₹ 15,000; Cash at bank ₹ 50,000 Mar.3 Purchases goods for cash ₹ 6,000* Mar.5 Deposited into bank ₹ 5,000 Mar.8 Cash sales ₹10,000* Mar.10 Cash is withdrawn from the bank for office use ₹ 2,000. Mar.12 Received cash from Damini ₹ 3,000, allowed her a discount of ₹ 100 Mar.15 Received cheque from dolly ₹ 2,000 and deposited in the bank on the same day, allowed her discount of ₹ 75 Mar.18 Received a postdated cheque from Deepak for ₹5,000. Mar.23 The cheque received from Deepak was deposited in the bank. Mar.24 Paid to Chander by cheque of ₹ 2,500, he allowed a discount of ₹ 125 Mar.27 Withdrew from the bank for personal use ₹ 1,500 Mar.28 Sold goods on credit to Ashok Mitra ₹ 40,000* Mar.30 Purchases goods on credit from Cander ₹50,000*. Mar.31 Received cheque from Ashok Mitra ₹ 2,000 and deposited in the bank. Mar.31 Bank charges for the month are ₹100

## The solution of Question No 11 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 15,000 50,000 Mar.3 By Purchases A/c 6,000 Mar.5 To Cash A/c 5,000 Mar.3 By Input CGST A/c 360 Mar.8 To Sales A/c 10,000 Mar.3 By Input SGST A/c 360 Mar.8 To output CGST A/c 600 Mar.5 By Bank A/c 5,000 Mar.8 To Output SGST A/c 600 Mar.10 By Cash A/c 2,000 Mar.10 To Bank A/c 2,000 Mar.24 By Chander A/c 2,500 Mar.12 To Damini A/c 3,000 Mar.27 By Drawings A/c 1,500 Mar.15 To Dolly A/c 2,000 Mar.31 By Bank charges A/c 100 Mar31 To Ashok Mitra A/c 5,000 Mar.31 By balance c/d 19,480 57,900 30,000 21,500 30,000 21,500 Apr. 1 To balance b/d 19,480 57,900

 Journal Date Particulars L. F. Debit Credit 2020 Discount allowed A/c Dr. 100 To Damini A/c 100 (Being the cash discount allowed to Damini against payment received) Mar.15 Discount allowed A/c Dr. 75 To Dolly A/c 75 (Being the cash discount allowed to Dolly against payment) Mar.18 Cheque in hand A/c Dr. 5,000 To Deepak A/c 5,000 (Being the postdated cheque received from Deepak) Mar.24 Chander A/c Dr. 125 To discount received A/c 125 (Being the discount received on payment made to Chander) Mar.28 Ashok Mitra A/c Dr. 44,800 To Sales A/c 40,000 To Output CGST A/c 2,400 To Output SGST A/c 2,400 (Being the intrastate sales made, Chander CGST and SGST @ 6% each) Mar.30 Purchases A/c Dr. 50,000 Input CGST A/c Dr. 3,000 Input SGST A/c Dr. 3,000 56,000 To Chander A/c (Being the intrastate purchases, CGST and SGST are payable @ 6% each)

Read out the full article to know the meaning of Cash Book

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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