19. Enter the following transactions in two column cash book and find out the cash and bank balance: 2023 ₹ 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 … Read more
18. Record the following transactions in a cash book with cash and bank columns: 2023 ₹ Jan. 1 Bank overdraft 12,000 Cash in hand 2,300 Jan. 7 Cheque received from Ram ₹4,000 and discount allowed ₹200 Jan. 8 Deposited the above cheque into Bank 4,000 Jan. 12 Banked 200 Jan. 15 Received a money order … Read more
17. Mr. Yadav, the petty cashier of M/s Triputi Traders received 10,000 on April 1, 2020 from the Head Cashier. Following were the petty expenses 2020 ₹ April 2 Taxi fare 750 3 Refreshments 450 5 Registered postal charges 200 5 Wages 700 8 Auto fare 200 9 Courier charges 150 12 Postal Stamps 600 … Read more
16. Record the following transactions in a Petty Cash Book with suitable columns. The book is kept on imprest system, amount of imprest being ₹4,000. 2020 April 1 Petty cash in hand ₹540. Received cash to make-up the imprest. Paid for office cleaning ₹100. April 4 Paid railway fare ₹320, bus fare ₹280, wages ₹150. … Read more
15. Prepare a Petty Cash Book on the Imprest System from the following: 2020 April 1 Received ₹10,000 for Petty Cash. 3 Paid Cartage ₹800. 4 Paid Bus Fare ₹400; Speed Post ₹200. 6 Paid for Stationery ₹700. 7 Paid for Courier Services ₹300. 9 Paid for Taxi fare ₹800; Wages ₹300, 10 Paid for … Read more
14. Compile a Two Column Cash Book from the following transactions of Kavita Garments:- 2023 Feb. 1 Cash in hand ₹7,500; Cash at bank ₹8,000. 3 Received a cheque of ₹5,880 for cash sales. Cheque was immediately deposited into bank. 5 Received two cheques from Kalpna each of ₹10,000. 6 First cheque received from Kalpna … Read more
13. (A) Prepare a Cash Book with Cash and Bank Columns from the following transactions 2023 March 1 Cash in hand ₹1,800 and at Bank ₹11,000. 5 Received a cheque for commission ₹3,960. Cheque was immediately deposited into bank. 7 Bought goods for cheque ₹7,000. 8 Bought goods for cash ₹500. 10 Purchased a Computer … Read more
12. Enter the following transactions in the Cash Book with Cash and Bank Columns: 2019 June 1 Balance of Cash in Hand ₹12,000; Overdraft at Bank ₹1,500. 2 Deposited into Bank ₹10,000. Sold goods for Cash ₹28,000 and paid half the proceeds into Bank. 3 Purchased goods for ₹7,000 from Manoj & Co. on Credit. … Read more
11. (A) Enter the following transactions in the Two Column Cash Book of Mr. Mohan 2018 ₹ Jan. 1 Cash in Hand 2,200 Cash at Bank 50,000 3 Purchased goods for ₹75,000; Trade Discount 20%: CGST 6%, SGST 6%; Payment made by Cheque 4 Sold goods for ₹40,000; Trade Discount 15%;, IGST I2%; Payment received … Read more
10. (A) Write the following transactions in a Two Column Cash Book and balance the Cash Book : 2023 ₹ Jan. 1 Cash in hand 6,000 Bank Balance (Cr) 3,000 3 Deposited into Bank 2,000 5 Received from Mohan 400 Discount allowed 10 7 Received a cheque from Hari and sent it to bank 600 9 … Read more