Page 62 - NOTES- CASH BOOK

Recording of Transactions - II 155

25 Drew from bank for personal use 400
30 Salary paid 1,000
(Ans. Cash in hand Rs. 8,800, Bank overdraft Rs. 1,900)
8. Enter the following transaction in a double column cash book of M/s.Mohit
Traders for January 2017:
Rs.
01 Cash in hand 3,500
Bank overdraft 2,300
03 Goods purchased for cash 1,200
05 Paid wages 200
10 Cash sales 8,000
15 Deposited into bank 6,000
22 Sold goods for cheque which was deposited into 2,000
bank same day
25 Paid rent by cheque 1,200
28 Drew from bank for personal use 1,000
31 Bought goods by cheque 1,000
(Ans. Cash in hand Rs. 4,100 Cash at bank Rs. 2,500)
9. Prepare double column cash book from the following transactions for the
year August 2017:
Rs.
01 Cash in hand 17,500
Cash at bank 5,000
03 Purchased goods for cash 3,000
05 Received cheque from Jasmeet 10,000
08 Sold goods for cash 7,000
10 Jasmeet’s cheque deposited into bank
12 Purchased goods and paid by cheque 20,000
15 Paid establishment expenses through bank 1,000
18 Cash sales 7,000
20 Deposited into bank 10,000
24 Paid trade expenses 500
27 Received commission by cheque 6,000
29 Paid Rent 2,000
30 Withdrew cash for personal use 1,200
31 Salary paid 6,000
(Ans. Cash in hand Rs. 8,800 cash at bank Rs. 10,000)
10. M/s Ruchi trader started their cash book with the following balances on
July 2017: cash in hand Rs.1,354 and balance in bank current account
Rs.7,560. He had the following transaction in the month of July 2017:
Rs.
03 Cash sales 2,300
05 Purchased goods, paid by cheque 6,000
08 Cash sales 10,000
12 Paid trade expenses 700
15 Sales goods, received cheque (deposited same day) 20,000
18 Purchased motor car paid by cheque 15,000

2018-19