Question No 16 Chapter No 7 – UNIMAX Class 11 – Solution

Question No 16 Chapter No 7 - UNIMAX Class 11 - Solution-min

Question No 16 Chapter No 7 – UNIMAX Class 11

Free Accounting book Solution - Class 11 and Class 12

16. Enter the following transaction in a two-column cash book:

2020  
Feb.1 Cash in hand 6,300
Feb.1 Cash in bank  1,82,800
Feb.3 Discount a bill of ₹ 2,000 at 2% through the bank   
Feb.6 Bought goods for ₹4,000  
  The paid cheque for them, discount allowed ₹2%.  
Feb.16 Paid trade expenses  240
Feb.17 Paid taxes  800
Feb.18 Paid insurance charges  200
Feb.26 Sold goods for ₹25,000  
  Received a cheque for them, discount allowed 2%.  
Feb.28 Received cheque from Raman & Co. 12,000
Feb.28 Purchases 100 War bonds for 200 for each at 190 each and paid for them by cheque   

The solution of Question No 16 Chapter No 7 – UNIMAX Class 11

Dr. Cash Book Cr. 
Date Particulars
L. F. cash Bank Date Particulars
L. F. cash Bank
2020         2020        
Feb.1 To Balance b/d   6,300 1,82,800 Feb.6 By Purchases A/c     3,920
Feb.3 To B/R A/c     1,960 Feb.16 By Trade expenses A/c   240  
Feb.26 To Sales A/c     24,500 Feb.17 By Taxes A/c   800  
Feb.28 To Raman A/c     12,000 Feb.18 By Insurance A/c   200  
          Feb.28 By Investment A/c     19,000
          Feb.28 By Balance c/d   5,060 1,98,340
      6,300 2,21,260       6,300 2,21,260
Mar.1 To balance b/d   5,060 1,98,340          

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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