CBSE Class 11 Accountancy Cash Book Petty Cash book Worksheet

CBSE Class 11 Accountancy Chapter 4 Cash Book MCQs

Question. The following balances were incurred by petty cashier during the month – postage Rs. 1,200; conveyance Rs. 500; Sundries Rs.1, 700. Imprest amount Rs. 8,000. What will be the amount of reimbursement?
a. Rs. 5,600
b. Rs. 8,000
c. Rs. 3,400
d. Rs. 2,000
Answer. C

Question. On 1-4-19, Bank balance was unfavourable (cr) .Rs. 5000. A customer directly deposited cheque into bank Rs. 10,000 and a cheque issued to pay salary to Mr. Ram amounted to Rs. 2,000. The bank balance will be :
a. Rs.7,000 cr.
b. Rs.13,000 dr.
c. Rs.10,000 dr.
d. Rs.3,000 dr.
Answer. D

Question. Deposited into bank entire balance after retaining Rs. 10,000. The total of receipt side and payment side is Rs. 54,520 and Rs. 24,500 respectively. What amount is to be deposited in bank account to record contra entry?
a. Rs. 30,020
b. Rs. 20,020
c. Rs. 10,000
d. Rs. 34,500
Answer. B

Question. Cash sales amounted to Rs. 60,000 of which Rs. 40,000 banked on the same day. Transaction will be recorded on receipt side. Cash and Bank column will be debited respectively with :
a. Rs. 60,000, Rs. 40,000
b. Rs. 40,000, Rs. 20,000
c. Rs. 20,000, Rs. 40,000
d. Rs. 60,000, Rs. 20,000
Answer. C

Question.. Withdrew from bank for personal use Rs. 4,000 and for office use Rs. 7,000. Following transaction will be recorded in cash book:
a. Only on receipt side
b. Only on payment side
c. Both on debit side and credit side
d. None of these
Answer. C

Question. Acceptance received from Viijay & Co. for Rs. 3,600. The following entry will be passed in journal proper:
a. Bills Receivable A/c Dr.       Rs.3,600
To Vijay and Co. A/c                                  Rs.3,600
b. Vijay and Co. A/c Dr.          Rs.3,600
To Bills Payable A/c                                   Rs.3,600
c. Vijay and Co. A/c Dr.          Rs.3,600
To Bills Receivable A/c                              Rs.3,600
d. Bills Receivable A/c Dr.      Rs.3,600
To Vijay and Co. A/c                                 Rs.3,600
Answer. A

Question. Goods returned by Raman stationery:
3 dozen pens @ Rs. 50 per dozen
2 dozen pencils @ Rs. 60 per dozen; less trade discount @10%
CGST and SGST levied @ 6% each. ___ amount will be shown in Sales return column of sales return book.
a. Rs. 270
b. Rs. 272
c. Rs. 258
d. Rs. 243
Answer. D

Question. From the following opening balances , while passing opening entry in journal proper the balancing figure will be:
Cash – Rs. 1,70,000; furniture-Rs. 2,20,000; Machinery –Rs. 75,000; Debtors-Rs. 1,65,000; creditors- Rs 1,40,000; bank loan – 1,50,000;
a. Capital Rs. 2,90,000
b. Capital Rs. 3,40,000
c. Capital reserve Rs. 2,90,000
d. Capital reserve Rs. 3,40,000
Answer. B

Question. Ramesh who owed us Rs. 40,000 became insolvent and paid 20 paise in a rupee was paid by him. Amount received from him is:
a. Rs. 32,000
b. Rs. 8,000
c. Rs. 7,000
d. Rs. 42,000
Answer. B

Question. Goods purchased for cash Rs. 68,000; less 5% trade discount, plus IGST 12%. Purchases account will be debited by :
a. Rs.56,848
b. Rs. 68,000
c. Rs. 72,352
d. Rs. 64, 600
Answer. D

Question. The following transactions took place in M/s Aman’s books of accounts. CGST and SGST levied @6 % Goods returned to M/s X, 4 broken chairs @ 500 each,
M/s Y returned goods to us, 3 defective tables @ 600 each, what will be the total of sales return column in sales return book:
a. Rs. 1,800
b. Rs. 3,800
c. Rs. 2,016
d. Rs. 4,256
Answer. A

Question. Received a cheque from Nitin for Rs. 2,76,000 after deducting cash discount of 8% . The next day cheque was endorsed to Prince in full settlement of his debt of Rs. 2,80,000. The entry in the journal proper on the day of endorsement of will be:
a. Prince dr. Rs. 2,80,000; To Cheque in hand A/c Rs. 2,80,000
b. Prince dr. Rs. 2,76,000; To Bank A/c Rs. 2,76,000
c. Prince dr. Rs. 2,80,000; To Cheque in hand A/c Rs. 2,76,000 ; To Discount Received Rs. 4,000
d. Prince dr. Rs. 2,76,000; To Cheque in hand A/c Rs. 2,76,000
Answer. C

Question. Bank issued a demand draft for Rs. 15,000 in favour of Mayank . Bank charged RS. 50 for issuing the draft. Amount will be shown on ____ side and in _____ column of cash book:
a. Receipt , cash
b. Payment , bank
c. Receipt, bank
d. Payment , cash
Answer. B

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

Question. A wholesaler sold 60 units of a good @ Rs.100 each less trade discount @10%. The retailer returned 10 units of these goods. ___________ amount should be recorded in the sales book.
Answer. Rs.4,500

Question. Purchased goods for cash Rs.6,720 including CGST, SGST 6 %, received discount of Rs.220. ___________ amount is to be entered in cash book.
Answer. Rs.6,500

Question. Rajesh who owed Rs.5,000 became insolvent and 40p in a rupee wasn’t realised. Amount to be posted in cash book is ______________.
Answer. Rs.3000

Question. M/S Rena Furniture sold furniture amounting to Rs.1,00,000 to M/S Neha . Trade discount applicable @10%, CGST and SGST @ 6% each. Half payment received in cash and availed cash discount of 10%. Amount to be entered in Sales book is Rs.__________ and Journal Proper Rs.____________.
Answer. 50400,4,500

Question. Received from Astha cash Rs.2,000 and a cheque amount Rs.4,000. Discount allowed is Rs.400. ________________ and ____________ amount is to be entered in cash and bank column of cash book.
Answer. Rs.1,600; Rs.4,000

Question. Mr XYZ purchased goods from ABC electric Limited; 5 dozen bulbs @ 100 each plus IGST @ 12%; 10 power plugs @ 80 each plus IGST @ 12% the purchase book is to be debited by rupees _______________.
Answer. Rs.1,456

Question. Balance of the cash column is Rs.18,174 after retaining Rs.2000 in cash ___________________ amount is to be deposited with the bank.
Answer. Rs.16,174

Question. Cash and bank balance shows a debit of rupees 10,000 and 15,000 respectively; rupees 8000 is withdrawn from the bank for office use. Cash and bank balance after this transaction is ____________ and _________________.
Answer. Rs.18,000; Rs.7,000

Question. A cheque of rupees 10000 received from Gopal Chandra and was deposited on _____________ account is credited.
Answer. Gopal Chandra

Question. On 1st May 2019 balance of cash column of cash book rupees 12000 after receiving rupees 2,000 from Anil, giving cheque of rupees 3200 to Sunil and payment of wages rupees 500. Balance of cash will be _________debit.
Answer. 8,000

Question. Received a two months post-dated cheque of rupees 30,000 from Rajesh and deposited in the bank on same day; discounted from Bank paying discounting charges of rupees 750 the cash book is debited by rupees ______________.
Answer. Rs 29,250

Question. Cheque received from Amit for rupees 20,000 was dishonoured; the bank column will be _____________________.
Answer. Credited

Question. Hema traders purchased from Videocon India Limited 5 machines @ rupees 50,000 at less trade discount @ 10% + GST @ 12% freight charges rupees 1,000 the purchase book is debited by amount rupees ______________.
Answer. Rs 2,53,000

 

CBSE Class 11 Accountancy Chapter 4 Cash Book True And False

1. M/S Tushar traders deposited with the bank the entire balance after retaining Rs.2, 000 cash in hand. The debit side and credit side of cash column of cash book are Rs.18, 170 and Rs.9,170 The amount deposited in bank is Rs.7,000. (True)
2. Cheque amounting to Rs.12,000 deposited into bank is now dishonoured. The bank charged Rs.250 as dishonour charges. The amount to be recorded on the payment side of cash book Rs.12,000. (False)

3. A cheque was received from Mr. X for amount Rs.15,000 on 15.4.2019 and the same was endorsed to Mr.Y on 17.04.2019in the full settlement of Rs.15,600The entry of the date of endorsement will be raised in journal proper as:
Y’s Account Dr.                          15,600
To Cheque in hand A/c              15,000
To Discount Received A/c           600
(True)
4. Following are the balances of ledger accounts of M/S Aman Traders on 1st April.
Cash in Hand Rs. 5,000
Cash at Bank Rs.10,000
Bill Receivable Rs. 7,000
Bills Payable Rs. 3,000
The entry of the above balances will be recorded in Journal proper as opening entry and balance will be treated as capital reserve. (False)

5. M/S Parveen traders purchased 20 kg sugar@ of Rs.100 each from us. Trade discount is applicable @5% and IGST @ 12%.The entry will be recorded in the sales book of our books of accounts as -
Sales Column    1,900
Output IGST       228
(True)
6. Mr. A sold 35 items to Mr. B@ Rs.100 each less 20% trade discount. Mr. B returned 15 of the above items. As a result of this a credit note should be sent to Mr. B of Rs.1,200.(True)
7. Interest is due on loan but not paid for last 9 months. If Loan amount was Rs.12,00,000 taken @ 6% pa. Adjustment entry in journal proper will be recorded as:
Loan A/c Dr.                             54,000
To Interest on Loan A/c           54,000
(False)

8. Tarun, a debtor has become insolvent and 40 p in a rupee was realized from him Cash column of cash book should be debited with Rs.54,000. (False)
9. Cash withdrawn by the proprietor for paying his son’s tuition fees is Rs.3,500. This will be recorded as an expense on the payment side of cash book. (False)
10. An old machinery was sold to Mayank for Rs.6, 000 plus CGST and SGST @ 6% each. Entry will be recorded in Journal proper as –
Mayank’s Account Dr.             5,600
To Machinery A/c                    5,000
To Output CGST A/c               300
To Output SGST A/c                300
(True)

11. The closing entry for discount received Rs.1,000 Commission received Rs.4,000 and interest on investment Rs.1,200 will be passed in journal proper amounted to Rs.6,800 in profit and loss account. (False)
12. Kartikey who owed us Rs. 80,000 became insolvent and 20 paise in a rupee was realized from his estate. Amount received from him is Rs.10,000. (False)

CBSE Class 11 Accountancy Chapter 4 Cash Book Match The Following

Question. Match with the suitable option
I Transaction not recorded in cash book     a) Cash withdrawn from bank for personal use
II Not a contra entry                                    b) Sold goods worth Rs 5000
                                                                    c) Trade discount
Answer. I c. II a.

Question. Match with the suitable option
I Dr or Cr balance             a) Only cash column of cash book
II Only Dr balance             b) Neither cash nor bank column
                                          c) Only bank column of cash book
Answer. I c. II a.

Question. Match with the suitable option
I Sold old newspaper for cash                       a) Purchase book
II Purchased 10 colour TV @15000 each      b) Journal proper
                                                                       c) Cash book
Answer. I c. II a.

Question. Match with the suitable option
I Sold to M/S A 30 shirts@400 each                a) 6720
40 trousers@300 each
TD @ 10%
II Return 60 pen drive to M/S X purchased      b) 12544
@100 each , IGST @12%
                                                                         c) 21600
Answer. I c. II a.

Question. Match with the suitable option
I A document prepared by the customer    a) Credit note
Of the goods
II A document prepared by the seller          b) Voucher
Of the goods
                                                                    c) Debit note
Answer. I c. II a.

Question. Match with the suitable option
I For closing purchases       a) Trading A/C is ‘Cr’
II For closing sales              b) Trading A/C is ‘Dr’
III For closing salaries         c) P/L A/C is ‘Cr’
                                            d) P/L A/C is ‘Dr’
Answer. I b. II a. III d.

Question. Match with the suitable option                  
I It records transactions of similar nature        a) Journal proper
II It does not record transactions of                b) Journal
Similar nature
                                                                       c) Subsidiary book
Answer. I c. II a.

Question. Match with the suitable option :
I Bank Charges                          a) Bank column receipt side
II Interest allowed by bank         b) No entry
                                                   c) Bank column payment side
Answer. I c. II a

Question. Match the following with correct option
I Discount allowed , cheque               a) No Cash Account is needed
dishonoured
II When cash book is prepared          b) Cash book
                                                           c) Journal Proper
Answer. I c II a

Question. Match the following with correct option
I Record of all cash payments                             a) Sales Book
II Record of payment of all small expenses        b) Cash Book
                                                                            c) Petty cash Book
Answer. I b II C

 

 Chapter Name: CASH BOOK PETTY CASH BOOK

1 Prepare cash book from the following:

2013

March 1 Cash in Hand Rs 5000; Bank Overdraft Rs 1000

March 2 General expenses paid Rs 500

March 3 Deposited into Bank Rs 2000

March 7 Purchased goods from Hari on credit Rs 4000

March 8 Drew from Bank for personal use Rs 100

March 10 Paid to Hari in full settlement Rs 3500

March 15 Recovered from Ravi, who owes Rs. 5000, 2000.

2 Prepare a Cash book from the following transactions.

2002

Jan 1 Cash in hand Rs 1600 and at Bank Rs 10000

Jan 5 Discounted a B/R for Rs 15000 at 2% through Bank

Jan 7 Bought goods for cash Rs 1200 and for cheque Rs 5000

Jan 10 Purchased Computer for Rs 6000

Jan 14 Paid into Bank Rs 4000

Jan 18 Ramesh who owed us 500 became bankrupt and paid us 50 paise in a rupee.

Jan 20 Received 1000 from Manoj and allowed him discount Rs 20

Jan 23 Withdrew from Bank for office use Rs 2000

Jan 25. Goods sold for cash 1000 and for cheque Rs 9000.

3 Prepare a cash book

a) Commenced business with cash Rs 10000

b) Purchased goods from Vishal Rs 4000

c) Payment made to Vishal Rs 3750. He allowed a cash discount of Rs Rs 250.

d) Cash received from Suresh Rs 8000 and allowed him discount Rs 500

e) Deposited into bank Rs 8000

f) Sales received 50% in cash and 50% through cheques, Rs 20000 and cheque deposited same day.

4 Prepare a cash book from the following by assuming that cheques received are paid into Bank same day.

2002

Oct. 1 Cash in hand 1800 and at Bank  Rs11000

Oct. 5 Discounted a B/E at 1% through Bank  Rs 4000

Oct. 7 Bought goods by cheque  Rs 7000

Oct. 8 Bought goods for cash  Rs 500

Oct.10 Honoured our own acceptance by cheque 5000

Oct. 14 Paid trade expenses Rs 105

Oct 16 Paid into Bank 1000

Oct 18 Amount received from Ramesh against bad debts written off previously

250

Oct 19 Received cash from Raj Rs 400 Discount allowed Rs 10

Oct 23 Withdrew from bank Rs 400

Oct 23 Paid to Gyan 300 Allowed us discount  Rs 10

Oct 24. Received 2000 for a B/E from Hari and deposited the same into bank

Oct 25 Withdrew from bank for private expenses Rs 300

Oct 27 Sold goods for cash Rs 200

Oct 28 Received cheque for goods sold Rs 9000

Oct 29 Received payment of a loan of Rs 5000 and deposited 3000 out of it into bank

Oct 30 Bank charges as per pass book Rs 5

5 Enter the following transactions in cash book of M/s. Property Traders for the month of February 2013

Feb. 2 Cash in hand  Rs 1248, bank balance Rs 3500

Feb. 3 Issued a cheque of Rs 500 to the petty Cashier

Feb 5. Received a cheque of Rs 350 from M/s Sanjay Bros. in full settlement of their account of Rs 375.

Feb.8 Issued a cheque of Rs 200 to Shri X as advance against our order of furniture worth Rs 500

Feb 10. Cash sales amounted to Rs 2000 and cash purchases amounted to Rs 500.

Feb 11 Deposited Rs 500 in the bank.

Feb.13 Withdrew Rs 100 in cash and Rs 200 by cheque for meeting personal expenses.

Feb 14 Received Rs 525 fromVandana Traders by a crossed cheque and allowed them discount Rs 10. The cheque was deposited into Bank the same day.

Feb 15. Issued a cheque of 200 to Satish Bros. and earned a discount of 20.

Feb 16. Paid salaries Rs 200 in cash and rent Rs 250 by cheque.

6 From the following particulars, prepare Cash Book of Mr. Patel for the month of March 2012:

March     1 Balance on hand                               Rs 50

             5 Balance at Bank (Overdrawn)             Rs 400

             9 Cash Sales                                        Rs 600

 

15 Paid for purchase of Machinery by a Crossed Cheque Rs 1,000

19 Paid Wages for erection of above machinery Rs40

23 Received crossed Cheque from Mr. Amin in full settlement of Rs 500 , Rs 400

27 Issued an open Cheque to Shri Fulabhai on account Rs 400

28 Withdrew from bank for office us Rs 500

29 Cheque received from Mr. Amin endorsed to Sri Dadubhai in full Settlement of Rs 520

30 Cheque issued to Shri Dadubhai dishonoured

31 Deposited into bank the balance of cash in of excess 80

7 Prepare a cash book from the following:

1.4.2014   Cash on Hand Rs 1,000, Bank (Cr) Rs 3,000

2.4.2014   Received a cheque from A Rs 1,000

3.4.2014   Received a cheque from B Rs 2,000

4.4.2014   Deposited B’s cheque into bank

5.4.2014   Received a cheque from C Rs 5,000

6.4.2014   Endorsed C’s cheque to D

7..4.2014   A’s cheque returned dishonoured, bank charges Rs 20

8 Enter the following transactions in the cash book of Mr.Rajesh and balance it.

Aug. 1     Opening Balance : Cash in Hand 4,250

              Cash at Bank ( Credit balance as per pass book) 13,750

2            Paid to petty cashier 2,500

2            Cash sales 1,750

3            Paid to Arun by cheque 3,750

3            Received a cheque from Mr.Ram Babu 4,500 paid into bank.

5            Received cheque from Mr.Jayaraman 6,000 paid intobank

8            Cash purchases 2,500

8            Paid rent by cheque 2,500

9            Cash withdrawn from bank for office use 2,500

10          Cash sales 3,750

14          Stationery purchased 1,000

20          Cash sales 6750

21          Paid into bank 10,000

23          Withdrew cash for personal use 1,000

25          Salaries paid by cheque 9000.

9 Enter the following transactions in cash book of Mrs.Anu.

Sep 1    Cash in hand .Rs 50,000 

            Bank balance Rs 15,000

 2         Sold goods to Udayakumar for Rs 15,000, cash discount allowed 1% and received cash for the balance.

 3         Tax paid Rs 1,000.

 7         Bought goods from Munuswamy for Rs 2,400, cash discount

           received 2% and paid cheque for the balance.

 9        Received repayment of loan from Elangovan Rs 10,000.

12       Paid into Bank .Rs 5,000.

14       Paid Rs 1,400 to A & Co. half by cash and half by Cheque

16       Dividend collected by the Bank as per pass book Rs 2,000.

18       Sold goods for cash and deposited into the bank on the same day Rs 5,000.

20       Sent to Bharathi by money order 460, the money order commission being Rs 20

10 1. Enter the following transactions in cash book of Mr.Madan and balance the same.

Aug 1     Cash in hand Rs 75,000

             Cash at bank ( Cr.) Rs 40,000

4            Paid into bank Rs 20,000.

6            Purchased machinery by cheque Rs 10,000.

8            Received from Mohan Rs 2,560

              Discount allowed Rs 40.

10          Paid to Somu by cheque 3,970 in full settlement of his account Rs 4,000.

11          Withdrew cash from Bank for personal use Rs 5,000.

15          Received cheque from Balan Rs 4,900.

              Allowed him discount Rs 100.

19           Balan’s cheque deposited into Bank

24           Anandan our customer has paid directly into our bank account Rs 10,000.

27           Rent paid by cheque Rs 100

11 2. A Firm maintains a columnar petty cash book with a monthly float of 1000. Prepare a Petty cash book from the following (all figures in Rs)

2015

Feb.1     Balance in hand 300

2           Paid for postage 15.50

3           Telegram 8.50

3           Type writing paper 40.50

4           Railway freight 35.75

9           Postage stamps 15

15         Travelling expense 55

16         Wages paid 90

17         Air freight 175

18         Repairs for Typewriter 48.50

19         Refreshments 120

22         Paid for carbon paper 60.25

28         Paid for sending Registered letter 24.80

 

Please click on below link to download CBSE Class 11 Accountancy Cash Book Petty Cash book Worksheet