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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 - Solution-min

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Question No 16 Chapter No 7 – UNIMAX Class 11

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

2020 
Feb.1Cash in hand6,300
Feb.1Cash in bank 1,82,800
Feb.3Discount a bill of ₹ 2,000 at 2% through the bank  
Feb.6Bought goods for ₹4,000 
 The paid cheque for them, discount allowed ₹2%. 
Feb.16Paid trade expenses 240
Feb.17Paid taxes 800
Feb.18Paid insurance charges 200
Feb.26Sold goods for ₹25,000 
 Received a cheque for them, discount allowed 2%. 
Feb.28Received cheque from Raman & Co.12,000
Feb.28Purchases 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 BookCr. 
DateParticulars
L. F.cashBankDateParticulars
L. F.cashBank
2020    2020    
Feb.1To Balance b/d 6,3001,82,800Feb.6By Purchases A/c  3,920
Feb.3To B/R A/c  1,960Feb.16By Trade expenses A/c 240 
Feb.26To Sales A/c  24,500Feb.17By Taxes A/c 800 
Feb.28To Raman A/c  12,000Feb.18By Insurance A/c 200 
     Feb.28By Investment A/c  19,000
     Feb.28By Balance c/d 5,0601,98,340
   6,3002,21,260   6,3002,21,260
Mar.1To balance b/d 5,0601,98,340     

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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