0
0 Comments
Enter the following transactions in a Cash Book with Cash and Bank Columns:-
2025
March 1 Cash in Hand ₹ 15,000; Bank ₹ 8,000.
2 Sold goods to X on credit for ₹ 10,000.
5 Sold goods for ₹ 20,000; received cheque from them, discount allowed 21/2%. Cheque was deposited into bank on 7th March.
10 Purchased goods from Suresh on the terms of 5% Cash discount if the payment is made within 3 days ₹ 20,000.
12 Payment made to Suresh; half in Cash and half by cheque
14 Received a Bank Draft for ₹ 6,820 from Siya Ram in full settlement of ₹ 7,000 due from him. Sent the draft to the Bank.
16 Settled Pawan’s account of ₹ 5,000 at a discount of 5%
17 Goods worth ₹ 8,000 were purchased from Sunil on 5th March. Its payment was made today by cheque after deducting 5% cash discount.
18 Withdrawn from Bank ₹ 20,000 and Furniture was purchased for ₹ 15,000; the balance taken by the proprietor.
20 Received a cheque from Ravi for $ 2,850 in settlement after deducting 5%. Endorsed the cheque to Gopal on 22nd March.
22 Placed an order with ‘Jai Traders’ for goods of the value of ₹ 10,000 and sent a cheque of ₹ 8,000 with the order.
23 Purchased furniture by cheque of ₹ 6,000.
24 Cash sales ₹ 15,000; half of which deposited into bank.
25 X settled his account by payment of ₹ 10,150; ₹ 150 being the interest charged.
27 Paid rent to Landlord ‘Rakesh’ by cheque ₹ 2,000.
28 Cashed a cheque for ₹ 10,000 and paid salaries in cash ₹ 8,000.
31 Deposited into bank, balance of cash in excess of ₹ 5,000.
[Ans.Cash in Hand ₹ 5,000; Bank Overdraft ₹ 5,880; Excess Cash Deposited into Bank on 31st March ₹ 15,400.] Solution:-
Anurag Pathak Answered question
Add a Comment