Question No 21 Chapter No 7 – UNIMAX Class 11 – Solution

Question No 21 Chapter No 7 - UNIMAX Class 11 - Solution-min

Question No 21 Chapter No 7 – UNIMAX Class 11

Free Accounting book Solution - Class 11 and Class 12

21. Enter the following transactions in the cash book with cash and bank columns.

2020  
June 1 Balance of cash in hand ₹5,000. Bank (Cr.) ₹ 10,000.
June 3 Sold goods for cash ₹5,000
June 4 Purchases goods for cash ₹10,000
June 5 Collected from Debtors of last year ₹10,000: discount allowed to them ₹ 500.
June 7 Invested further capital of ₹40,000 out of which ₹30,000 was deposited in the bank.
June 9 Furniture Purchases ₹1,000.
June 11 Commission paid ₹ 600
June 12 Interest paid ₹ 100
June 14 Drew cheque for petty cash ₹200
June 15 Drew from the bank for office use ₹ 1,000
June 16 Drew from the bank for office use ₹ 1,000
June 16 Electricity charges paid ₹100
June 16 Drew cheque for private use ₹1,000
June 17 Collection from Bittu ₹ 10,000; deposited in the bank the next day.
June 20 Stationery purchases from Komal ₹1,000
June 23 Goods sold ₹ 5,000
June 27 Paid rent by cheque ₹ 3,000

The solution of Question No 21 Chapter No 7 – UNIMAX Class 11

Dr. Cash Book Cr. 
Date Particulars
L. F. cash Bank Date Particulars
L. F. cash Bank
2020         2020        
June 1 To Balance b/d   5,000   June 1 By Bank A/c     10,000
June 3 To Sales A/c   5,000   June 4 By Purchases A/c   10,000  
June 5 Debtors A/c   10,000   June 7 By Mannu A/c   2,600  
June 7 To Capital A/c   10,000 30,000 June 9 By Furniture A/c   1,000  
June 15 To Bank A/c   1,000   June 11 By Commission A/c   600  
June 18 To Cheque in hand A/c     10,000 June 12 By Interest A/c   100  
June 23 To Sales A/c   5,000   June 14 By Petty cash A/c     200
          June 15 By Cash A/c     1,000
          June 16 By Electricity charges   4,000  
          June 16 By Drawing A/c     1,000
          June 27 By Rent A/c     9,500
          June 30 By balance c/d   21,600 24,800
      36,000 40,000       36,000 40,000
July 1 To Balance b/d   21,600 24,800          

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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