Prepare Two-Column Cash Book of Vinod from the following transactions: Cash in Hand 25,000 Cash at Bank 75,000
Prepare Two-Column Cash Book of Vinod from the following transactions:
2021 Oct 1 | Cash in Hand | 25,000 |
Oct 1 | Cash at Bank | 75,000 |
Oct 7 | Bought goods against cheque | 15,000 |
Oct 8 | Bought goods | 5,000 |
Oct 10 | Honoured our own acceptance by cheque | 5,000 |
Oct 14 | Paid Miscellaneous expenses | 150 |
Oct 18 | Ramesh who owed ₹ 5,000 becam bankrupt and paid us 50 paise in a rupee |  |
Oct 20 | Received cash from Manohar Allowed discount | 7,500 250 |
Oct 23 | Withdrew from bank | 4,000 |
Oct 24 | Paid to Ghanshyam & Co. Received discount | 3,000 100 |
Oct 25 | Withdrew from bank for personal expenses | 3,000 |
Oct 27 | Sold goods | 11,000 |
Oct 28 | Received cheque for goods sold | 19,000 |
Oct 29 | Received part payment from Akhil of ₹ 5,000 and deposited ₹ 3,000 out of it into bank |  |
[Cash Balance – ₹ 43,850; Bank Balance – ₹ 70,000.]
Anurag Pathak Changed status to publish September 21, 2023