Home NCERT Solutions NCERT Exemplar CBSE Sample Papers NCERT Books Class 12 Class 10

Recording of Transactions - 2

At Saralstudy, we are providing you with the solution of Class 11th accountancy Recording of Transactions - 2 according to the latest NCERT (CBSE) Book guidelines prepared by expert teachers. Here we are trying to give you a detailed answer to the questions of the entire topic of this chapter so that you can get more marks in your examinations by preparing the answers based on this lesson. We are trying our best to give you detailed answers to all the questions of all the topics of Class 11th accountancy Recording of Transactions - 2 so that you can prepare for the exam according to your own pace and your speed.

Special purpose books include cash book sales book, sales return book, purchase book purchase return book, bills receivable book, bills payable book and journal proper. Single column cash book itself is a cash account. Bank overdraft is a situation in which cash drawn from the bank exceeds the amount of deposits. Contra entry is an entry which is recorded on both sides of the cash book. Advantages of a petty cash book are that the burden of the main cash book is reduced, helps in preparation of ledger accounts, etc. Cash is maintained on the basis of ordinary system or imprest system.

Download pdf of NCERT Solutions for Class accountancy Chapter 4 Recording of Transactions - 2

Exercise 1

Exercise 2

Exercise 3

Popular Questions of Class 11th accountancy

Recently Viewed Questions of Class 11th accountancy