Question No 13 Chapter No 7 – UNIMAX Class 11 – Solution

Question No 13 Chapter No 7 - UNIMAX Class 11 - Solution-min

Question No 13 Chapter No 7 – UNIMAX Class 11

Free Accounting book Solution - Class 11 and Class 12

13. Prepare cash book with bank column of Dishant, Ludhiana from the following transactions :

Apr.1 Cash in hand 2,20,000
Apr.1 Cash at bank (overdraft) 60,000
Apr.3 Deposited in bank 80,000
Apr.4 Goods purchases for ₹34,000 plus CGST and SGST @ 6% each and issued a cheque for the same  
Apr.7 Cash purchases plus CSGT and SGST @ 6% each 16,000
Apr.8 Paid commission by cheque including CGST and SGST @ 6% 13,440
Apr.9 Withdrew from the bank for private use 2,500
Apr.12 Received from Ved in full settlement of his account ₹ 6,000, half of the amount was deposited into the bank on the same day  
Apr.16 Interest collected by bank 14,000  
Apr.20 Cash sales including CGST and SGST @ 6% each 47,040  
Apr.22 Salaries paid 40,000  
Apr.22 Goods sold to Sons & Co. Kolkata plus IGST @ 12% 36,000  
Apr.23 Received cheque from Sons & Co. after a discount of ₹ 80039,520  
Apr.27 Deposited the cheque received from Sons & Co. into the bank  

The solution of Question No 13 Chapter No 7 – UNIMAX Class 11

Dr. Cash Book Cr. 
Date Particulars
L. F. Cash Bank Date Particulars
L. F. Cash Bank
2020         2020        
Apr.1 To Balance b/d   2,20,000   Apr.1 By Balance b/d     60,000
Apr.3 To Cash A/c     80,000 Apr.3 By Bank A/c   80,000  
Apr.12 To Ved A/c   6,000   Apr.4 By purchases A/c     34,000
Apr.16 To Cash A/c     3,000 Apr.4 By Input CGST A/c     2,040
Apr.20 To Interest A/c     14,000 Apr.4 By Input SGST A/c     2,040
Apr.20 To Sales A/c   42,000   Apr.7 By Purchases A/c   16,000  
Apr.20 To Output CGST A/c   2,520   Apr.7 By Input CGST A/c   960  
Apr.20 To Output SGST A/c   2,520   Apr.7 By Input SGST A/c   960  
Apr.27 To Cheque in hand A/c     39,520 Apr.8 By Commission A/c     12,000
          Apr.8 By Input CGST A/c     720
          Apr.8 By Input SGST A/c     720
          Apr.9 By Drawing A/c     2,500
          Apr.12 By Bank A/c   3,000  
          Apr.22 By Salaries A/c   40,000  
          Apr.30 By balance c/d   1,32,120 22,500
      2,73,040 1,36,520       2,73,040 1,36,520
May.1 To balance b/d   1,32,120 22,500          

 

Journal 
Date Particulars
L. F. DRBIT CREDIT
2020          
Apr.22 Sons & Co. A/c Dr.   40,320  
  To Sales A/c                36,000
  To Output IGST A/c       4,320
  (Being sales made on credit)        
           
Apr.23 Cheque in hand A/c Dr.   39,520  
  Discount allowed A/c Dr.   800  
  To Sons & Co. A/c       40,320
  (Being the discount allowed to Sons & Co. against payment received by cheque)        
           

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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