Question

0.3. Enter the following transactions in a Single Column Cash Book :
/ Mr. Vipin commenced business with Cash
3. Opened a Bank Account and deposited
3 Purchased goods for Cash
7 Purchased goods
10 Purchased goods from Surya Kant
1/ Paid to Surya Kant
Discount received
15 Paid Wages in Cash
16 Paid to casual Tabour
-20 Sold goods to Dev Raj for Cash
25 Paid electricity, bill in Cash
26 Withdrew Cash from Bank
27 Received for Cash sales
27 Paid for miscellaneous expenses
2,00,000
75,000
30,000
15,000
40,000
38,800
1,200
22,500
1,500
80,000
12,000
40,000
5,000
500
(Ans. Cash Balance 1,29,700.)​

Answer 1

Answer: Cash Balance 1,29,700

Explanation:

Cash Book

Dr.

Cr.

Date

Particulars

L.F.

Cash

(Rs)

Date

Particulars

L.F.

Cash

(Rs)

2017

 

 

 

2017

 

 

 

Feb.01

Capital A/c

 

2,00,000

Feb.03

Bank A/c

 

75,000

Feb.20

Sales A/c

 

80,000

Feb.05

Purchases A/c

 

30,000

Feb.26

Bank A/c

 

40,000

Feb.07

Purchases A/c

 

15,000

Feb.27

Sales A/c

 

5,000

Feb.12

Surya Kant

 

38,800

 

 

 

 

Feb.15

Wages A/c

 

22,500

 

 

 

 

Feb.16

Wages A/c

 

1,500

 

 

 

 

Feb.25

Electricity Charges A/c

 

12,000

 

 

 

 

Feb.27

Miscellaneous Expenses A/c

 

500

 

 

 

 

Feb.28

Balance c/d

 

1,29,700

 

 

 

3,25,000

 

 

 

3,25,000

Mar.01

Balance b/d

 

1,29,700