Question No 24 Chapter No 7 – UNIMAX Class 11

Question No 24 Chapter No 7 - UNIMAX Class 11 - Solution-min

Question No 24 Chapter No 7 – UNIMAX Class 11

Free Accounting book Solution - Class 11 and Class 12

24. From the following particulars, prepare a petty cash book for the month of April 2020:

2020  
Apr.1 Drew for petty cash 5,000
Apr.3 Paid for postage 300
Apr.5 Paid telephone bill ₹400 plus CGST and SGST @ 6% each  
Apr.8 Paid for cartage 140
Apr.9 Paid for postage 200
Apr.12 Paid for sundries 100
Apr.27 Paid for stationery ₹ 300 plus CGST and SGST @ 6% each  

If the imprest amount is ₹2,000, show what amount the petty cashier would be entitled to draw at the beginning of the next month.

The solution of Question No 24 Chapter No 7 – UNIMAX Class 11

Petty Cash Book 
Amount received ₹ L.F. CB folio Date Particulars L.F. V.No. Amount paid
      2020        
5,000     Apr.1 To Bank A/c      
      Apr.3 By postage A/c     300
      Apr.5 By Telephone expenses A/c     400
      Apr.5 By Input CGST A/c     24
      Apr.5 By Input SGST A/c     24
      Apr.8 By Cartage A/c     140
      Apr.9 By Postage A/c     200
      Apr-12 By Sundry expenses A/c     100
      Apr.27 By Stationery A/c     300
      Apr.27 By Input CGST A/c     18
      Apr.27 By Input SGST A/c     18
      Apr.30 By Balance c/d      3,476
5,000             5,000
3,476     May 1 To Balance b/d      
1,524     May 1 To Bank A/c      

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

Petty Cash Book | Example | Subsidiary Books

Also, Check out the same article in Hindi from the following link

Petty Cash Book | Example | 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 

 

Leave a Reply

Your email address will not be published.