Write the following transactions in the Cash Book of Premium Stores, Kolkata (Proprietor Amrit Kumar): Commenced business with cash 50,000
Write the following transactions in the Cash Book of Premium Stores, Kolkata (Proprietor Amrit Kumar):
[Cash Balance – ₹ 22,700; Bank Overdraft – ₹ 15,400.]
| 2022 Jan 1 | Commenced business with cash | 50,000 |
| Jan 2 | Opened Bank Account and deposited cash in bank | 20,000 |
| Jan 2 | Purchased goods in cash | 5,000 |
| Jan 4 | Paid wages | 500 |
| Jan 6 | Cash Sales | 2,000 |
| Purchased goods for cash | 6,000 | |
| Jan 10 | Received cheque from the Transport Company | |
| Received advance from Amit by cheque | 6,000 | |
| Jan 15 | Paid to Bhaskar Received discount | 2,800 200 |
| Jan 18 | Purchased goods from Kanchan | 10,000 |
| Jan 20 | Goods of ₹ 10,000 were destroyed during transportation, Transport Company admitted the claim in full | |
| Jan 27 | Received cheque from the Transpost Company | 10,000 |
| Jan 28 | withdrew from Bank | 5,000 |
| Jan 30 | Issued cheque as advance to Grand Machines | 50,000 |
Anurag Pathak Changed status to publish September 21, 2023
