Question No 17 Chapter No 7 – UNIMAX Class 11
Table of Contents
17. Make out the two-column cash book of M/S Varun and Virat from the following particulars:
| Mar.1 | Cash in hand | 2,600 |
| Bank overdraft | 900 | |
| Paid salaries for Feb. | 500 | |
| Mar.3 | Purchases goods for cash | 60 |
| Cash sales | 160 | |
| Mar.4 | Issued cheque in favour of Mohit and Co. to settle their account | 580 |
| Mar.9 | Received cash from Krish & Co. (discount allowed ₹470 30) | |
| Mar.15 | Received cheque from Mohan (in full settlement ₹ 440) and paid into the bank | 380 |
| Mar.19 | Cheque issued in favour of Sohan for purchases of furniture | 320 |
| Cheque of Mohan discounted bank debit in respect of charges. | 6 | |
| Paid rent by cheque | 200 | |
| Banks collect interest on securities | 500 |
The solution of Question No 17 Chapter No 7 – UNIMAX Class 11
| Dr. | Cash Book | Cr. | |||||||
| Date | Particulars |
L. F. | cash | Bank | Date | Particulars |
L. F. | cash | Bank |
| 2020 | 2020 | ||||||||
| Mar.1 | To Balance b/d | 2,600 | Mar.1 | By Balance b/d | 900 | ||||
| Mar.3 | To Sales A/c | 160 | Mar.1 | By Salaries A/c | 500 | ||||
| Mar.9 | To Krish &Co. A/c | 470 | Mar.3 | By Purchases A/c | 60 | ||||
| Mar.15 | To Mohan A/c | 380 | Mar.4 | By Mohit & Co. A/c | 520 | ||||
| Mar.19 | To Interest on securities A/c | 500 | Mar.15 | By Sohan A/c | 320 | ||||
| Mar.19 | By Mohan A/c | 386 | |||||||
| Mar.19 | By Rent A/C | 200 | |||||||
| Mar.31 | To Balance c/d | 1,446 | Mar.31 | By Balance c/d | 2,670 | ||||
| 3,320 | 2,326 | 3,320 | 2,326 | ||||||
| Apr.1 | To Balance b/d | 2,670 | Apr.1 | By balance b/d | 1,446 | ||||
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
- Chapter No. 1 – Introduction of Accounting
- Chapter No. 2 – Theory Base of Accounting
- Chapter No. 3 – Vouchers and Transactions
- Chapter No. 4 – Journal
- Chapter No. 5 – Goods and Services Tax (GST): An Introduction
- Chapter No. 6 – Ledger
- Chapter No. 7 – Special Purpose Book – Cash Book
- Chapter No. 8 – Other Subsidiary Books
- Chapter No. 9 – Trial Balance
- Chapter No. 10 – Rectification of Errors
- Chapter No. 11 – Depreciation
- Chapter No. 12 – Provision and Reserves
- Chapter No. 13 – Bank Reconciliation Statement
- Chapter No. 14 – Bills of Exchange
Students may choose only one part from the Part II and Part III
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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