Prepare a Cash Book with Cash and Bank Columns from the following particulars Cash in Hand ₹ 14,800; Bank Overdraft ₹ 32,700
Prepare a Cash Book with Cash and Bank Columns from the following particulars:-
[Ans. Cash in Hand ₹ 6,420; Bank Overdarft ₹ 9,410.]
Solution:-
| 2025 | ₹ | |
| Feb 1 | Cash in Hand ₹ 14,800; Bank Overdraft ₹ 32,700 | |
| 4 | Sold goods, received cheque (deposited same day) | 4,950 |
| 5 | Sold goods to Navin on Credit | 10,000 |
| 8 | Received from Navin a cheque for ₹ 9,500 in settlement of his account. | |
| 10 | Sold goods to Murlidhar on Credit | 6,000 |
| 12 | Cheque received from Navin endorsed to Praveen in full settlement of his account | 9,800 |
| 15 | Received cheque from Ram Allowed him discount | 12,800 200 |
| 16 | Paid into Bank (including Ram’s cheque) | 15,000 |
| 18 | Cheque from Ram returned dishonoured and bank debits our account in respect of charges on this cheque ₹ 20. Discount not withdrawn. | |
| 19 | Received the amount of returned cheque and bank charges in cash from Ram | |
| 20 | Instructed the bank to issue a bank draft for ₹ 5,000 in favour of Shyam. Bank charged ₹ 40 for issuing the draft. | |
| 22 | Murlidhar settled his account by means of a cheque for ₹ 6,200; including ₹ 200 as the interest charged from him. Lodged the cheque into bank. | |
| 24 | Paid ₹ 5,000 by cheque for cash purchases | |
| 25 | Sudhir who owed us ₹ 8,000 became bankrupt and paid us 50 paise per rupee. | |
| 28 | Paid salary to Manohar Lal | 3,000 |
| 28 | Banked | 20,000 |
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