Enter the following transactions in Two-Column Cash Book of Reema, and find cash and bank balances: Cash balance ₹ 2,000, bank balance ₹ 24,500 Cash Sales 60,000
Enter the following transactions in Two-Column Cash Book of Reema, and find cash and bank balances:
[Cash Balance – ₹ 27,000; Bank Balance – ₹ 93,500.]
| 2022 April 1 | Cash balance ₹ 2,000, bank balance ₹ 24,500 | |
| April 2 | Cash Sales | 60,000 |
| April 5 | Deposited in Bank | 50,000 |
| April 7 | Issued cheque to Sohan | 10,000 |
| April 12 | Received cheque from National Insurance Co. Ltd. against claim lodged last year | 19,800 |
| April 14 | Sold goods to Niraj of ₹ 25,000, received cash ₹ 10,000 and balance by cheque Allowed him discount ₹ 500 | |
| April 16 | Purchased furniture by cheque | 10,000 |
| April 18 | Sold old furniture for cash | 10,000 |
| April 20 | Paid into bank cheque of Nirja along with cash ₹ 2,500 | |
| April 22 | Paid to Suman by cheque | 2,500 |
| April 26 | Suman’s cheque returned on technical ground and paid cash for equal amount | |
| April 26 | Bank charged bouncing charges | 300 |
| April 29 | Bank paid insurance premium as per standing instructions | 2,500 |
| April 30 | Nigam paid into bank directly, intimation received on the same day. | 5,000 |
Anurag Pathak Changed status to publish September 21, 2023
