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Question No 17 Chapter No 7 – UNIMAX Class 11 – Solution

Question No 17 Chapter No 7 - UNIMAX Class 11 - Solution-min (1)
Question No 17 Chapter No 7 - UNIMAX Class 11 - Solution-min (1)

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Question No 17 Chapter No 7 – UNIMAX Class 11

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17. Make out the two-column cash book of M/S Varun and Virat from the following particulars:

Mar.1Cash in hand2,600
 Bank overdraft900
 Paid salaries for Feb.500
Mar.3Purchases goods for cash 60
 Cash sales160
Mar.4Issued cheque in favour of Mohit and Co. to settle their account580
Mar.9Received cash from Krish & Co. (discount allowed ₹470 30) 
Mar.15Received cheque from Mohan (in full settlement ₹ 440) and paid into the bank380
Mar.19Cheque issued in favour of Sohan for purchases of furniture320
 Cheque of Mohan discounted bank debit in respect of charges.6
 Paid rent by cheque200
 Banks collect interest on securities500

The solution of Question No 17 Chapter No 7 – UNIMAX Class 11

Dr.Cash BookCr. 
DateParticulars
L. F.cashBankDateParticulars
L. F.cashBank
2020    2020    
Mar.1To Balance b/d 2,600 Mar.1By Balance b/d  900
Mar.3To Sales A/c 160 Mar.1By Salaries A/c 500 
Mar.9To Krish &Co. A/c 470 Mar.3By Purchases A/c 60 
Mar.15To Mohan A/c  380Mar.4By Mohit & Co. A/c  520
Mar.19To Interest on securities A/c  500Mar.15By Sohan A/c  320
     Mar.19By Mohan A/c  386
     Mar.19By Rent A/C  200
Mar.31To Balance c/d  1,446Mar.31By Balance c/d 2,670 
   3,3202,326    3,3202,326 
Apr.1To Balance b/d 2,670 Apr.1By balance b/d  1,446

 

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

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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

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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 

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