10. Write the following transactions in the Cash Book of Premium Stores, Kolkata (Proprietor Amrit Kumar).
| 2024 | ₹ | |
|---|---|---|
| Jan. 01 | Commenced business with cash | 50,000 |
| Jan. 02 | Opened Bank Account and deposited cash in bank | 20,000 |
| Purchased goods in cash | 5,000 | |
| Jan. 04 | Paid wages | 500 |
| Jan. 06 | Cash sales | 2,000 |
| Purchased goods for cash | 6,000 | |
| Jan. 10 | Sold goods of ₹4,000 and payment received by cheque which is deposited in Bank allowed cash discount of ₹400 |
|
| Received advance from Amit by cheque | 6,000 | |
| Jan. 15 | Paid to Bhaskar Received discount |
2,800 200 |
| Jan. 18 | Purchased goods from Kanchan | 10,000 |
| Jan. 20 | Goods of ₹10,000 were destroyed during transportation, Transport Company admitted the claim in full. | |
| Jan. 27 | Received cheque from the Transport Company | 10,000 |
| Jan. 28 | Withdrew from Bank | 5,000 |
| Jan. 30 | Issued cheque as advance to Grand Machines | 50,000 |
T.S.Grewal/2024 Edition/Practical Problems/Q-10
For full question, please refer to the text book T.S.Grewal’s Double Entry Book Keeping-Financial Accounting, Textbook for CBSE Class XI published by Sultan Chand & Sons Pvt. Ltd.