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

Free Accounting book Solution - Class 11 and Class 12

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

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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