CBSE Class 11 Accountancy Cash Book Worksheet Set B

CBSE Class 11 Accountancy Chapter 4 Cash Book Fill in The Blanks

Question. The balance of petty cash book is __________ for the firm.
Answer. asset

Question. Bought goods for Rs.6,000 in cash, CGST and SGST paid @6% each. ____________ amount is to be entered in cash book.
Answer. Rs.6,720

Question. Rajesh who owed Rs.5,000 became insolvent and 40p in a rupee was realised. Amount to be posted in cash book is ______________.
Answer. Rs.2,000

Question. Received from Vedika in full settlement of her account of Rs.6000 and ¾ of it is deposited in bank on same day. The amount to be debited to cask book is Rs. _________ in cash column and Rs. __________ in bank column.
Answer. 1500, 4500

Question. Received Rs.10,000 for petty cash book. Balance after all the expenses is Rs.3928. __________ amount will be reimbursed according to imprest system.
Answer. Rs.6,072

Question. Sold goods to M/S Mukti, Delhi. 10 kgs tea packets @Rs. 600 per kg less trade discount @10%. 5% IGST is to be charged. Freight anf packing charge is to be charged separately @ Rs.1,500. Amount to be posted in Sales Journal Rs._________________.
Answer. 7,170

Question. M/S Nayar and Co. purchased goods for cash amounting to Rs.10,000 from Ruchi and Co. ________ amount is to be recorded in Purchases Book.
Answer. Nil/no

Question. Received commission Rs.2,000 plus CGST and SGST @ 6% each. Rs. ________ is debited to cash book.
Answer. 2,240

Question. Received from S.K. limited a cheque for Rs.10,800 against dues of Rs,12,000 in full settlement of his account. ______________ amount will be entered in receipt side of cash book.
Answer. Rs.10,800

Question. Bank paid life insurance premium as per the standing instruction of the owner, _____________ account is debited.
Answer. drawings

Question.The balance of Sales book is Rs.25,000. Rs.5,000 recovered from debtors . The balance of Sales Book will be transferred to sales account by amount Rs. _____________________.
Answer. 25,000

Question. A second hand motor car was purchased from Veer Brothers for Rs.10,000. It is recorded in ____________________ book.
Answer. journal proper

Question. Accounting for partial recovery from Mr Aof an amount of Rs.2,000; which was earlier written off as bad debts will be recorded in _______________ book.
Answer. cash

CBSE Class 11 Accountancy Chapter 4 Cash Book True And False

1. In the books of M/S Rohan enterprises, the cash received Rs.12,000 will be recorded on the debit side of cash book. (True)
2. The goods purchased in cashRs.20,000 will be recorded in receipt side of cash book. (False)
3. The opening balances of a firm are MachineryRS.5,00,000, Creditors Rs. 2,00,000and capital Rs.10,00,000. The entries for the same will be passed in journal proper. (True)
4. The goods returned to Mr.X, 2 table fans @ Rs.1000 each less trade discount 15 will be shown in sale return book. (False)
5. Sita has made full and final payment to Ram by cheque. Discount allowed by Ram is Rs.300. It will be recorded in sale return book. (False)
6. Cash purchase Rs.8,000, Crdit Sales Rs.2,000, Credit purchases Rs.5,000, Cash discount allowed @4%. In this case each discount will be recorded in debit side of cash book. (False)
7. M/S Raman has purchased 80 bottles @ Rs.100 each from M/S Murari on credit. CGST and SGST is levied @6% each.Rs.1,440 will be shown in Input CGST column in the purchase book. (False)
8. Loss by fire amounted to Rs.80,000 but the insurance company paid Rs.60,000. So the amount Rs.60,000 will be recorded in the bank column of cash book. (True)
9. M/S Sudarshan maintains petty cash book. The imprest amount is Rs.5,000. If the cash balance in hand is Rs.1,300, Rs.2,700 will be reimbursed to make for imprest amount.
(True)
10. Sudha received cheque of Rs.10, 100 from Mudra in full settlement of Rs.11, 000. The cheque is not deposited n bank for 24 hours. Entry for this will be recorded in cash book.
(False)
11. The proprietor Aman started business with cash Rs.1, 00,000, Stock Rs.70,000, building Rs.10,00,000. So Rs.11, 70,000 will be recorded as capital in credit side of cash book.
(False)
12. Cash deposited in bank Rs.50,000 will be recorded in cash book in the bank column on payment side and in cash column on the receipt side. (False)
13. Siya paid Rs.900 plus CGST and SGST @6%each.Rs.1008 will be recorded on the payment side of cash book. (True)
14. Rima sold goods on credit to Rohit: 50 shuttles @Rs.10 each. In this case the customer account will be debited in sales book for Rs.2000. (False)

CBSE Class 11 Accountancy Chapter 4 Cash Book MCQs

Question. Goods sold to Mr. X for Rs. 10,000 on 1-3-18. If payment is made within next seven days cash discount allowed @5%. Rs. ____ is received from Mr. X on 3-3-18.
a. 9,000
b. 10,000
c. 9,500
d. 9,800
Answer. C

Question. Discount received from Mr. Y is the nature of :
a. Income
b. Expense
c. Liability
d. Asset
Answer. A

Question. Salary paid to Mr Ramnarayan will be recorded in :
a. Journal proper
b. Cash book on payment side
c. Cash book on receipt side
d. Cash book bank column
Answer. B

Question. Bought goods for Rs. 30,000, CGST and SGST @6.%. An inter- state transaction ___ amount will be recorded on payment side of cash book.
a. By purchases A/c Rs. 33,600
b. By purchases A/c Rs. 30,000; By IGST Rs. 3,600
c. By purchases A/c Rs. 30,000; By CGST Rs. 1,800; By SGST Rs. 1,800
d. By purchases A/c Rs. 28,200
Answer. B

Question. Cheque issued to a creditor Rs. 40,000 is recorded in:
a. journal proper
b. Single column cash book
c. Double column cash book
d. Petty cash book
Answer. C

Question. While recording transactions in the bank column of the cash book , the ________ rule is followed:
a. Real account
b. Nominal account
c. Personal account
d. None of the above
Answer. C

Question. A cheque of Rs. 20,000 received from Mr. Jone is dishonoured, it will be recorded on ___ side and amount will be entered in ______ column.
a. Credit , bank
b. Credit, cash
c. Debit, bank
d. Debit, cash
Answer. A

Question. Bank notifies that Rahul’s cheque of Rs. 4,000 has been dishonoured, Bank charged Rs.20 on this cheque. Rahul’s account will be debited and the amount written on payment side of cash book in bank column is:
a. Rs. 4000
b. Rs. 20
c. Rs. 4,200
d. Rs.4,020
Answer. D

Question. Discounted a bill of exchange at 2% through bank Rs. 8,000. Bank column in cash book is debited by:
a. Rs.8,000
b. Rs.7,840
c. Rs.160
d. Rs. 8,160
Answer. B

Question. Sold goods to Shashi & Sons, vide cash memo no 2415; 6 sofa sets @ 15,000 each, less trade discount 10%. Transaction will be recorded in:
a. Sales book
b. Purchases book
c. Cash book
d. Journal proper
Answer. C

Question. Goods sold to Mr Y, 20 dresses @ 1,000 each. Due to some mistake in the invoice a credit note is sent to customer. The reason may be :
a. Sales invoice is overcast
b. Sales invoice is undercharged
c. Sales invoice is undercast
d. Some good omitted to be recorded
Answer. A

Question. Goods lost by fire Rs. 85,000. Insurance company admitted claim of 40%. Insurance company will be debited by ______ and entry will be recorded in ______.
a. Rs. 85,000 , purchase return book
b. Rs. 34,000 , journal proper
c. Rs. 51,000 , cash book
d. Rs.85,000 , purchases book
Answer. B

CBSE Class 11 Accountancy Chapter 4 Cash Book Match The Following

Question. Match the following with correct option    
I Entry made in beginning of the year              a) Adjustment entry     
II Settlement of amount paid or received         b) Opening entry
in advance
                                                                        c) Transfer entry
Answer. I b. II a.

Question. Match the following with correct option
I Transfer entries           a) Entry made at the end of the year to close the relevant A/C
II Closing entries           b) Amount transferred from one A/C to another
                                     c) Entry made in the beginning of the year
Answer. I b. II a.

Question. Match the following with correct option
I The balance in petty cash book is                a) Liability
II Credit balance in their bank column of       b) Profit
cash book
                                                                      c) Asset
Answer. I c. II a.

Question. Match with the suitable option
I Cash withdrawn for personal use      a) Salary A/C
II Paid salary to Mr. Ram                     b) Ram A/C
                                                            c) Drawings A/C
                                                            d) Cash A/C
Answer. I c. II a.

Question. Match with the suitable option
I Received a post dated cheque from Deepak   a) Cash book
II Paid salary to Mr. Ram                                    b) Journal proper
                                                                           c) Sales book
Answer. I b. II a.

Question. Match with the suitable option
I Deposited cash into bank                      a) Only bank column is credited
II Withdrawal of cash for office use         b) Cash column ‘Cr’ , bank column ‘Dr’
                                                                c) Cash column ‘Dr’ , bank column ‘Cr’
                                                                d) Only cash column is credited
Answer. I b. II c.

CASH BOOK
 

1 Enter the following transactions in to proper Subsidiary books, post them to ledger and draw a Trial Balance.

Jan 01 Mahapatra started business with cash Rs 1,80,000

Jan 02 Opened a bank account in State Bank of India Rs 80,000

Jan 04 Goods purchased from Tara including CGST and SGST @ 6% each Rs 22,400

Jan 05 Goods purchased for cash plus IGST @12% Rs 30,000

Jan 08 Goods sold to Naman Rs.12,000 plus CGST and SGST @ 6% each.

Jan 10 Cash paid to Tara Rs 22,000

Jan 15 Cash received from Naman Rs.11,700 and Discount allowed Rs. 300

Jan 16 Paid wages Rs200

Jan 18 Furniture purchased for office use Rs 5,600 including CGST and SGST @ 6% each

Jan 20 Withdrawn from bank for personal use Rs 4,000

Jan 22 Issued cheque for rent Rs 3,000

Jan. 23 Goods issued for house hold purpose Rs 2,000

Jan. 24 Drawn cash from bank for office use Rs 6,000

Jan. 26 Commission received Rs 1,000

Jan. 27 Bank charges Rs 200

Jan. 28 Cheque given for insurance premium Rs 3,000

Jan 29 Paid salary Rs 7,000 plus CGST and SGST @ 6% each

Jan. 30 Cash sales Rs 10,000

2 Enter the following transactions in to proper Subsidiary books, post them to ledger and draw a Trial Balance.

2018

August 1 Following are the balances as on 1st August 2018:

Cash in hand Rs 1,00,000 Cash at Bank Rs 50,000, Stock `75,000, Plant and Machinery Rs 2,00,000 , Sundry Debtors: Gupta Traders Rs 25,000 Creditors : Hema traders Rs 25,000, Capital Rs 4,25,000

August 3. Purchased furniture plus CGST and SGST @ 6% each Rs 20,000

August 7. Bought goods for cash from M/s Rupa Traders plus CGST and SGST @ 6% each Rs 30,000

August 8. Purchased good from M/s Hema Traders Rs 42,000 plus IGST @ 12%.

August 10. Sold goods for cash including CGST and SGST @ 6% each Rs 33,600

August 14. Sold goods on credit to M/s. Gupta Traders Rs 12,000 plus IGST @ 12%

August 16. Rent paid Rs 4,000

August 18. Paid trade expenses Rs 1,000

August 20. Received cash from Gupta Traders Rs 12,000

August 22. Goods returned to Hema Traders Rs 2,000

August 23. Cash paid to Hema Traders in full settlement

August 25. Bought postage stamps Rs 100

August 28. Paid salary to Rishabh Rs 4,000

August 29. Rent due to land lord Rs 6,000

3 Enter the following transactions in to proper Subsidiary books, post them to ledger and draw a Trial Balance.

2018

December, `

1. Started business with cash Rs 92,000

2. Deposited into bank Rs 60,000

4. Bought goods on credit from Himani Rs.40,000 at 10% Trade discount plus CGST and SGST @ 6% each.

6. Purchased goods for cash Rs 20,000 plus IGST @ 12%.

8. Returned goods to Himani (list price) 4,000

10. Sold goods for cash Rs 20,000

14. Cheque given to Himani Rs 36,000

17. Goods sold to M/s Goyal Traders. Rs 3,50,000

19. Drew cash from bank for personal use Rs 2,000

21. Goyal traders returned goods Rs 3,500

22. Cash deposited into bank Rs 20,000

26. Cheque received from Goyal Traders Rs 31,500

28. Goods given as charity Rs 2,000

29. Rent paid Rs 3,000

30. Salary paid Rs 7,000

31. Office machine purchased on credit from Kohli Brothers Rs 3,000

4 Enter the following transactions in to proper Subsidiary books of Hemant from Delhi, post them to ledger and draw a Trial Balance.

2010

Dec. `

1. Started business with cash Rs 2,00,000

2. Bought office furniture Rs 30,000

3. Paid into bank to open a current account Rs 1,00,000

5. Purchased a computer and paid by cheque Rs 2,50,000

6. Bought goods on credit from Ritika, Kolkata Rs 60,000

8. Cash sales Rs 30,000

9. Sold goods to Krishna on credit, Maharashtra Rs 25,000

12. Cash paid to Mansi on account Rs 30,000

14. Goods returned to Ritika Rs 2,000

15. Stationery purchased for cash Rs 3,000

16. Paid wages Rs 1,000

18. Goods returned by Krishna Rs 2,000

20. Cheque given to Ritika Rs 28,000

22. Cash received from Krishna on account Rs 15,000

24. Insurance premium paid by cheque Rs 4,000

25. Cheque received from Krishna Rs 8,000

26. Rent paid by cheque Rs 3,000

29. Purchased goods on credit from Meena Traders, Delhi Rs 20,000

28. Cash sales Rs 14,000

29. Goods issued as Samples Rs 3,000

30. Goods lost by fire Rs 1,000

(Note: CGST and SGST is levied @ 6% each and IGST is levied @ 12%)

5 From the following transactions of the month of April, 2001, prepare the Journal Proper of Jindal & Co.,Delhi a saree dealer , who also maintains Purchases Book, Sales Book, Returns Books and Cash Book:

Date & Transaction

1 Purchased on credit from Goyal Mills, Surat 25 polyester sarees @ `60 each.

3 Purchased on credit from Bansal & Co., 2 typewriters @ Rs2,100 each.

5 Sold on credit to Goyal & Co., 5 polyester sarees @ Rs75 Each.

6 Returned one typewriter (being defective) @ Rs 2,100 to Bansal & Co.

8 Sold on credit two old typewriters to Murli @ Rs 300 each.

10 Sold for cash to Garg & Co.,Punjab 20 Kota sarees @ Rs 30 each plus IGST @ 12%.

12 Returned to Goyal mills, Surat 5 polyester sarees @ Rs 60 each.

14 Murli returned one old typewriter @ Rs 300.

16 Purchased for cash from Kansal & Co.Delhi , 2 chairs @ `2,220 plus CGST and SGST @ 6%each

18 Returned one chair (being defective) @ Rs 2,220.

20 Sold two old chairs to Manohar @ Rs 300 each.

21 Manohar returned one old chair @ Rs 300.

22 Goyal & Co. became insolvent and paid only 80 paise in a rupee in full and final settlement.

24 Mr. B.K. Jindal (Proprietor of Jindal & Co.) took away 2 silk sarees (costing `210 each, sale price, `420 each) from the shop and presented to his wife on her birthday.

25 A cheque of Rs 2,100 from Mittal & Co., a customer, endorsed in favour of Bansal & Co., a creditor. On 30.4.2001, the bank informed that this cheque was dishonoured.

30 Rent due to landlord, Ram Rs 600.

30 Salary due to employee, Shyam Rs 600.

Please click on below link to download CBSE Class 11 Accountancy Cash Book Worksheet Set B