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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 - Solution-min

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Question No 15 Chapter No 7 – UNIMAX Class 11

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

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

Dr.Cash BookCr. 
DateParticulars
L. F.cashBankDateParticulars
L. F.cashBank
2020    2020    
July 1To Balance b/d 830 July 3By Salaries A/c  1,900
July 16To Rahul A/c  1,060July 6By Purchases A/c 300 
July 19To Sales A/c 300 July 17By Rahul A/c  800
July 23To Interest A/c  400July 21By furniture A/c  600
July 26To Suman A/c  500July 29By Bank A/c 600 
July 29To Cash A/c  600Apr.30By balance c/d 2304,320
   1,1307,620   1,1307,620
Aug.1To balance b/d 2304,320     
          

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

Cash Book | Types of Cash Book | Subsidiary Books

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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

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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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