Question No 14 Chapter No 8 – USHA Publication 11 Class

Question No 14 Chapter No 8

Question No 14 Chapter No 8

14. Kapil Sharma operates two bank account. Prepare columnar cash book with two bank columns:

2019   Rs
Apr.1 Opening Balance:  
  Cash 1,10,000
  Axis Bank  85,000(Cr)
  Kotak Bank 65,000(Dr)
Apr.2 Received a cheque of Axis Bank for Lohar Alam for sale  of goods and deposited into bank Rs 16,000   
Apr.5 Cash is withdrawn from Kotak Bank Rs 11,400  
Apr.7 Income Tax paid from Axis Bank Rs 5,000 and VAT paid from Kotak Bank Rs 7,000  
Apr.10 Purchased goods for cash Rs 14,600 and on credit from Razia Sultana Rs 40,0000  
Apr.14 Issued two cheques of Rs 12,800 (Axis Bank) and Rs 26,400 (Kotak Bank( in full settlement of the account of Razia Sultana   
Apr.17 Dividend on share collected by Axis Bank Rs 3,200  
Apr.19 Transferred Rs 16,000 from Axis Bank to Kotak Bank  
Apr.21 Cash deposited into Axis Bank Rs 6,600  
Apr.24 Interest credited by Kotak Bank Rs 1,800 and deposited by Axis Bank Rs 3,200  
Apr.30 Personal club subscription paid from Kotak Bank Rs 4,4000  

 

The solution of Question No 14 Chapter No 8: –

 

Dr. Cash Book
Date Particulars
L.
F.
Cash Axis
Bank
Kotak
Bank
2017          
Apr.1 To Balance b/d   1,10,
000
  65,000
Apr.2 To Sale a/c     16,000  
Apr.5 To
Kotak Bank A/c
  11,400    
Apr.14 To Dividend A/c   3,200   65,000
Apr.19 To Axis Bank A/c       16,000
Apr.21 To Cash A/c     6,600  
Apr.24 To Interest A/c       1,800
           
           
           
           
           
           
           
           
Apr.30 To Balance C/d     95,300  
      1,21,
400
1,21,
100
82,800

 

 

Cash Book
Cr.
Date Particulars
L.
F.
Cash Axis Bank

Kotak Bank

2018          
Apr.1 By Balance b/d     85,
000
 
Apr.5 By
Cash A/c
      11,
400
Apr.7 By Drawing A/c     5,000  
Apr.7 By VAT Paid A/c   540   7,000
Apr.10 By Purchases A/c   14,600    
Apr.14 By Razia Sultana A/c     12,
800
26,400
Apr.19 By Kotak Bank A/c     16,000  
Apr.21 By Axis Bank A/c   6,600    
Apr.24 By Interest A/c     2,300  
Apr.30 By Drawing A/c       4,400
           
           
           
           
           
Apr.30 By Balance C/d   1,00,200   33,600
      1,21,400 1,21,100 82,800

 

Q 14 CH 8 USHA 1 Book 2020 Solution 1 min 1024x570 - Question No 14 Chapter No 8 - USHA Publication  11 Class
Q-14- CH-8 – USHA +1 Book 2020 – Solution

 

Cash Book | Types of Cash Book | Subsidiary Books

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Also, Check out the solved question of all Chapters: –

Chapter No. 1 – Introduction

Chapter No. 2 – Theory Base of Accounting 

Chapter No. 3 – Vouchers and transactions

Chapter No. 4 – Journal

Chapter No. 5 – Ledger

Chapter No. 6 – Cash Book

Chapter No. 7 – Other Subsidiary Books

Chapter No. 8 – Journal Proper

Chapter No. 9 – Trial Balance 

Chapter No. 10 – Bank Reconciliation Statement

Chapter No. 11 – Depreciation

Chapter No. 12 – Provisions and Reserves 

Chapter No. 13 – Bills of Exchange

Chapter No. 14 – Rectification of Errors 

Chapter No. 15 – Financial Statements – (Without Adjustments)

Chapter No. 16 – Financial Statements – (With Adjustments)