Enter the following transctions in two column cash book and find out the cash and bank balance: Started business with cash ₹ 20,000
Enter the following transctions in two column cash book and find out the cash and bank balance:
[Ans. Cash in Hand ₹ 12,210; Cash at Bank ₹ 7,295.]
Solution:-
| 2025 | ₹ | |
| Jan 1 | Started business with cash | 20,000 |
| Jan 2 | Opened a current account with the S.B.I | 8,000 |
| Jan 3 | Bought goods by cheque | 150 |
| Jan 4 | Received cheque from Ram | 200 |
| Jan 5 | Sold goods for cash | 40 |
| Jan 7 | Paid into bank: (i) Cash ₹ 30 (ii) Cheque ₹ 200 | 230 |
| Jan 8 | Paid Shyam by Cheque | 345 |
| Jan 8 | Paid carriage by cheque | 180 |
| Jan 10 | Drew cash from bank for office use | 200 |
| Jan 30 | Paid wages by cheque | 60 |
Anurag Pathak Answered question
