23. Mr. Lal operates two bank accounts both of which are maintained in the columnar cash book itself. You are required to prepare a proforma of the cash book, record the following transactions therein and draw the closing balances as on 30th June, 2022:
| 2022 | ₹ | |
|---|---|---|
| June 20 | Opening Balance of Cash | 1,180 |
| Progressive Bank | 19,040 | |
| Goodwill Bank (Overdraft) | 6,460 | |
| 20 | Received cheque for ₹1,800 from a debtor Mr. X and deposited in Goodwill Bank. The Bank credited the amount on 23rd June and debited ₹74 as its collection charges. | |
| 21 | Purchased goods for ₹18,210 and a cheque issued on Progressive Bank. | |
| 22 | Paid office expenses ₹410 and ₹80 for stationery in cash. | |
| 23 | Deposited a cheque for ₹21,090 being sale proceeds of goods in Progressive Bank. The Bank credited the amount on the same day and debited discounting charges. | |
| 23 | A cheque for ₹8,000 drawn by Mr. Lal himself on Progressive Bank was deposited in his account with Goodwill Bank. | |
| 25 | Cash drawn from the account with Progressive Bank ₹600 for office use. | |
| 25 | A cheque for ₹1,100 received from Mr. A and earlier deposited in Goodwill Bank (on 14th June) was returned unpaid and Bank debited ₹10 towards its charges. Mr. Lal received the amount of returned cheque and Bank charges in cash from Mr. A. | |
| 28 | Deposited cash ₹1,500 in the account with Goodwill Bank. | |
| 29 | Purchased postal stamps for ₹200 and paid in cash. |
D.K.Goel/2024 Edition/Practical Questions/Q-23
For full question, please refer to the text book Accountancy Class-XI by Mr. D.K.Goel published by Avichal Publishing Company