Question No 15 Chapter No 7 – UNIMAX Class 11 – Solution

Question No 15 Chapter No 7 - UNIMAX Class 11 - Solution-min

Question No 15 Chapter No 7 – UNIMAX Class 11

Free Accounting book Solution - Class 11 and Class 12

15. The transaction for the month of July 2020of M/s Anand & Co. are furnished here as under you are requested to enter the same in an appropriated cash book:

July 1 Cash in hand ₹830 and cash at the bank ₹5,060  
July 3 Paid salaries by cheque ₹1,900  
July 6 Made cash purchases of ₹300  
July 16 Received ₹1,060 by cheque from Rahul and allowed him a discount of ₹ 40  
July 17 Paid cheque to Rahul ₹800 in full settlement of his account ₹830  
July 19 Cash sales amounted to ₹ 300  
July 21 Bought furniture for ₹ 600 paid by cheque.  
July 23 The bank credited the account with ₹ 400 for interest.  
July 26 Received a cheque for ₹ 500 from Suman and allowed him to discount of ₹ 20.  
July 29 Deposited cash into bank ₹ 600.  

The solution of Question No 15 Chapter No 7 – UNIMAX Class 11

Dr. Cash Book Cr. 
Date Particulars
L. F. cash Bank Date Particulars
L. F. cash Bank
2020         2020        
July 1 To Balance b/d   830   July 3 By Salaries A/c     1,900
July 16 To Rahul A/c     1,060 July 6 By Purchases A/c   300  
July 19 To Sales A/c   300   July 17 By Rahul A/c     800
July 23 To Interest A/c     400 July 21 By furniture A/c     600
July 26 To Suman A/c     500 July 29 By Bank A/c   600  
July 29 To Cash A/c     600 Apr.30 By balance c/d   230 4,320
      1,130 7,620       1,130 7,620
Aug.1 To balance b/d   230 4,320          
                   

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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