Enter the following transactions in two-column cash book with cash and bank column of Ms. Sunita: Cash in hand ₹ 70,000
Enter the following transactions in two-column cash book with cash and bank column of Ms. Sunita:
[Ans. Cash in Hand ₹ 5,000; Cash at Bank ₹ 66,200.]
| 2024 | |
| Jan 1 | Cash in hand ₹ 70,000 |
| Jan 1 | Bank Overdraft ₹ 50,000 |
| Jan 4 | Sold goods for Cash ₹ 50,000 |
| Jan 5 | Cash deposited into bank ₹ 80,000 |
| Jan 6 | Purchased goods from Meena ₹ 30,000 |
| Jan 7 | Cheque issued to Meena in full settlement ₹ 28,800 |
| Jan 8 | Withdrawn from bank for personal use ₹ 5,000 |
| Jan 12 | Sold goods to Ajay and cheque received from him ₹ 25,000 |
| Jan 17 | Cheque received from Ajay deposited into bank |
| Jan 20 | Bank charges ₹ 500. |
| Jan 22 | Interest charged by bank ₹ 2,500 |
| Jan 23 | Received cash from Ramesh ₹ 28,000 |
| Jan 28 | Paid Sunita’s life insurance premium by cheque ₹ 15,000 |
| Jan 30 | Deposited into bank the entire balance after retaining, 5,000 cash in business. |
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