Prepare Simple Cash Book of Gurman from the following transactions: Gurman commenced business introducing cash 2,00,000
Prepare Simple Cash Book of Gurman from the following transactions:
[Hint: Entry of 4th April, 2022 being payment by cheque will not be recorded in Simple Cash Book]
| 2022 April 1 | Gurman commenced business introducing cash | 2,00,000 |
| April 4 | Purchased following assets for business: Computer ₹ 16,000; Furniture ₹ 18,500 and Machinery ₹ 32,000, payment made by cheque. | |
| April 6 | Purchased goods from Bhushan in cash | 40,000 |
| April 8 | Paid wages for installation of Machinery | 4,000 |
| April 12 | Computer repair charges | 1,900 |
| April 15 | Paid wages | 15,000 |
| Purchased Postage Stamps | 150 | |
| Paid for Stationery | 2,700 | |
| April 19 | Sold for cash half the goods purchased from Bhushan to Anil at a profit of 25% and allowed him Trade Discount of 5%. | |
| April 24 | Payment to carpenter for repairs to personal furniture | 350 |
| April 26 | Paid for medical expenses of Smt. Gopal | 1,800 |
| April 30 | Paid for shop rent | 2,500 |
Anurag Pathak Changed status to publish September 21, 2023
