Question No 12 Chapter No 7 – UNIMAX Class 11
Table of Contents
12. Record the following transactions of Daljit Ranchi, Kochi in a two-column cash book and the balance of the book on 31st January 2020:
| Date | Particular | ₹ | Date | Particular | ₹ |
| 2020 | 2020 | ||||
| Jan.1 | Cash balance | 1,000 | Jan.16 | Bought goods, including IGST @ 12% | 6,720 |
| Jan.1 | Bank balance | 14,500 | Jan.19 | Paid Shyam by cheque | 3,700 |
| Jan.1 | Cash received from sales shares* | 60,000 | Discount received from him | 300 | |
| Jan.2 | Paid into bank | 50,000 | Jan.20 | Drew from bank | 3,000 |
| Jan.3 | Purchase goods from M/s. Agarwal & Co. ₹13,000 plus CGST and SGST @ 6% each and payment by cheque ₹14,000 in full settlement | Jan.22 | Cash drawn from the bank for personal use | 2,000 | |
| Jan.24 | Cash sales, including CGST and SGST @ 6% each | 1,904 | |||
| Jan.27 | Received from Sharma | 18,000 | |||
| Jan.4 | Paid wages | 2,400 | Discount allowed | 500 | |
| Jan.5 | Received from Mohan a cheque for ₹ 9,800 against due of ₹10,000 in full settlement of his account | Jan.28 | Deposited cash into the bank | 15,000 | |
| Jan.8 | Mohan cheque deposited into bank | Jan.28 | Gave cheque for cash purchases including IGST @ 12% | 2,240 | |
| Jan.14 | Paid to stationery plus CGST and SGST @ 6% each. | 1,500 | Jan.30 | Paid rent by cheque plus CGST and SGST @ 6% each | 2,000 |
*GST is not levied on purchases and sales of securities.
The solution of Question No 12 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 | 1,000 | 14,500 | Jan.2 | By Bank A/c | 50,000 | |||
| Jan.1 | To Investment | 60,000 | Jan.3 | By purchases A/c | 12,440 | ||||
| Jan.2 | To Cash A/c | 50,000 | Jan.3 | By Input CGST A/c | 780 | ||||
| Jan.8 | To cheque in hand A/c | 9,800 | Jan.3 | By Input SGST A/c | 780 | ||||
| Jan.20 | To Bank A/c | 3,000 | Jan.4 | By wages A/c | 2,400 | ||||
| Jan.24 | To sales A/c | 1,700 | Jan.14 | By Stationery A/c | 1,500 | ||||
| Jan.24 | To Output CGST A/c | 102 | Jan.14 | By Input CGST A/c | 90 | ||||
| Jan.24 | To Output SGSTA/c | 102 | Jan.14 | By Input SGST A/c | 90 | ||||
| Jan.27 | To Ashok Mitra A/c | 18,000 | Jan.16 | By Purchases A/c | 6,000 | ||||
| Jan.28 | To Cash A/c | 15,000 | Jan.16 | By Input IGST A/c | 720 | ||||
| Jan.19 | By Shyam A/c | 3,700 | |||||||
| Jan.20 | By Cash A/c | 3,000 | |||||||
| Jan.22 | By Drawing A/c | 2,000 | |||||||
| Jan.28 | By Bank A/c | 15,000 | |||||||
| Jan.28 | By purchases A/c | 2,000 | |||||||
| Jan.28 | By Input IGST A/c | 240 | |||||||
| Jan.30 | By Rent A/c | 2,000 | |||||||
| Jan.30 | By Input CGST A/c | 120 | |||||||
| Jan.30 | By Input SGST A/c | 120 | |||||||
| Jan.31 | By balance c/d | 8,104 | 62,120 | ||||||
| 83,904 | 89,300 | 83,904 | 89,300 | ||||||
| Feb.1 | To balance b/d | 8,104 | 62,120 | ||||||
| Dr. | Journal |
||||
| Date | Particulars |
L. F. | DRBIT | CREDIT | |
| 2020 | |||||
| Jan.3 | Purchases A/c | Dr. | 560 | ||
| To Discount received A/c | 560 | ||||
| (Being the discount received against payment made by cheque) | |||||
| Dr. | 9,800 | ||||
| Jan.5 | Cheque in hand A/c | Dr. | 200 | ||
| Discount allowed A/c | 10,000 | ||||
| To sales A/c | |||||
| (Being the discount allowed to Mohan against payment received by cheque) | |||||
| Jan.19 | Shyam A/c | Dr. | 300 | ||
| To Discount received A/c | 300 | ||||
| (Being the discount received against payment made by cheque) | |||||
| Jan.27 | Discount allowed A/c | Dr. | 500 | ||
| To Sharma A/c | 500 | ||||
| (Being the discount allowed to Sharma against payment received) | |||||
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
- Chapter No. 1 – Introduction of Accounting
- Chapter No. 2 – Theory Base of Accounting
- Chapter No. 3 – Vouchers and Transactions
- Chapter No. 4 – Journal
- Chapter No. 5 – Goods and Services Tax (GST): An Introduction
- Chapter No. 6 – Ledger
- Chapter No. 7 – Special Purpose Book – Cash Book
- Chapter No. 8 – Other Subsidiary Books
- Chapter No. 9 – Trial Balance
- Chapter No. 10 – Rectification of Errors
- Chapter No. 11 – Depreciation
- Chapter No. 12 – Provision and Reserves
- Chapter No. 13 – Bank Reconciliation Statement
- Chapter No. 14 – Bills of Exchange
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