Advertisement

Question No 05 B Chapter No 7 – D.K Goal 11 Class

Shubham
Question No 05 B Chapter No 7

Question No 05 B Chapter No 7

05.(B)Prepare a Two Column Cash Book from the following transactions∶−

2020  
May.1 Cash at office Rs 72.
  Bank overdraft Rs 1,250.
May.4 Received from Prem Chand a cheque for Rs 1,875 in full settlement of his account of Rs 1,900. The cheque was banked on the same day.
May.5 Bought goods and paid by cheque Rs 500.
May.6 Narinder settled his account of Rs 700 by a cheque. This was banked on the same day.
May. 9 Paid to Manohar Lal by a cheque for Rs 420. Discount received Rs 80. 
May. 12 Cash sales to date Rs 400 of which Rs 300 were banked.
May.17 Sold old typewriter for cash Rs 320.
May.20 Received a cheque for Rs 400 from Naresh in full settlement of his account of Rs 460. The cheque is endorsed to Suresh on 24th May in full settlement of his account of Rs 420. 
May.25 Received a cheque from Hari Prakash for Rs 150. The cheque is endorsed to Raj Prakash on 27th May; Discount received Rs 30
May.28 Withdrew from bank for office use Rs 100 and for personal use Rs 100
May.29 Withdrew from office for payment of private bills Rs 425.
May.30 Paid by cheque salaries Rs 160 and rent Rs 100
May.31 Bank charges as per Pass Book Rs 5. 

The solution of Question No 05 B Chapter No 7: –

Dr. Cash Book Cr.
Date Particulars
 L.
F.		 Discount
Allowed		 Cash Bank Date Particulars
 L.
F.		 Discount Received Cash Bank
2020           2020          
May.1 To Balance b/d   – 72 – May.1 By Balance b/d   – – 1,250
May.4 To Prem Chand a/c   25 – 1,875 May.05 By Purchases A/c   – – 500
May.6 To Narinder A/c   – – 700 May.09 By Manohar Lal A/c   80 – 420
May.12 To Sale A/c     100 300 May.28 By Cash A/c   – – 100
May.17 To Office Equipment A/c   – 320 – May.28 By Drawings A/c     425 –
May.28 To Bank A/c   – 100 – May.30 By Salaries A/c   – – 160
            May.30 By Rent A/c       100
            May.31 By Bank Charges A/c   – – 5
                       
Jun.30 To Balance c/d   25   – Jun.30 By Balance C/d   80
 167 240
      85 592 2,875       80 592 2,785

 

In the Books of Ganesh bros
Date Particulars
 L.F. Debit Credit
2020          
May. 20 Cheques-in-Hand A/c Dr.   400  
  Discount Allowed A/c Dr.   60  
  To Prem Mohan A/c       460
  (Being Received cheque from Prem Mohan )      
         
May. 24 Suresh A/c Dr.   420  
  To Cheques-in-Hand A/c     400
  To Discount Received A/c     20
  (Being Cheque received from Naresh, endorsed to Suresh)      
           
May. 28 Cheques-in-Hand A/c Dr.   150  
  To Hari Prakash A/c       150
  (Being Cheque received from Hari Prakash)        
           
May. 27 Raj Prakash A/c Dr.   180  
  To Cheques-in-Hand A/c     150
  To Discount Received A/c     30
  (Being Cheque received from Hari Prakash)      
         

 

https://tutorstips.com/cash-book/

Thanks, Please Like and share with your friends  

Comment if you have any question.

Also, Check out the solved question of all Chapters: –

D K Goel – New ISC Accountancy -(Class 11 – ICSE)- Solution

Check out the Accountancy Class +1 by D.K. Goal (Arya Publication) from their official Site.

D K goel accountancy +1 - ISC_Accounts_11_20_Image-min
D K Goel accountancy +1 – ISC_Accounts_11_20_Image

 

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement