Question No 26 Chapter No 7 – UNIMAX Class 11

Question No 26 Chapter No 7 - UNIMAX Class 11 - Solution-min

Question No 26 Chapter No 7 – UNIMAX Class 11

Free Accounting book Solution - Class 11 and Class 12

26. Prepare a petty cash book from the following transactions. The imprest is ₹ 2,000:

2020  
Jan.1 Paid cartage 50
Jan.2 STD charges  40
Jan.2 Bus fare 20
Jan.3 Paid for postage 30
Jan.4 Refreshment for employees 80
Jan.6 Courier charges  30
Jan.8 Refreshment for customer 50
Jan.10 Cartage  35
Jan.15 Taxi fare to Manager 70
Jan.18 Stationery  65
Jan.20 Bus fare 10
Jan.22 Fax charges  30
Jan.25 Telegram charges  35
Jan.27 Postage stamps  200
Jan.29 Repair on furniture  105
Jan.30 Laundry expenses  115
Jan.31 Miscellaneous expenses 100

The solution of Question No 26 Chapter No 7 – UNIMAX Class 11

Dr. Petty Cash Book Cr.
Amount received (₹) Date Particulars V. No. Amount Paid (₹) Postage Telephone & Telegram Conve-yance   Station-ery Miscell. Expenses
2,000 Jan.1 To cash A/c              
  Jan.1 By Cartage A/c   50         50
  Jan.2 By STD charges A/c   40   40      
  Jan.2 By Bus fare A/c   20     20    
  Jan.3 By Postage A/c   30 30        
  Jan.4 By refreshment A/c    80         80
  Jan.6 By Courier charges A/c   30 30        
  Jan.8 By Refreshment A/c   50         50
  Jan.10 By Cartage A/c   35         35
  Jan.15 By Taxi fare A/c   70     70    
  Jan.18 By Stationery A/c   65       65  
  Jan.20 By Bus fare A/c   10     10    
  Jan.22 By Fax charges A/c   30         30
  Jan.25 By Telegrams A/c   35   35      
  Jan.27 By Postage A/c   200 200        
  Jan.29 By Repair on furniture A/c   105         105
  Jan.30 By Laundry expenses A/c   115         115
  Jan.31 By Misc. expenses A/c   100         100
        1065 260 75 100 65 565
  Jan.31 By Balance c/d   935          
2,000       2,000          
935 Feb.1 To Balance b/d              
1065 Feb.1 To cash received 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 

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