Question

0.37. In Double Column Cash Book' 2001
Amount deposited into bank' has
two side effect.What is this called?
O (A) Dual entry
O (8) Imprest System
0 (C) Complete Entry
O (D) Contra Entry​

Answer 1

Answer:

c)Complete Entry

Explanation:

Subject Accountancy

Answer all the following Questions

Max. Marks

PART-A

01. Prepare Double Column Cash Book for Mr. Murali from the following:

January 2020

1 Cash in hand Rs.22,000 Cash at bank Rs.5,000.

2 Sold goods for cash Rs. 15,000.

4 Cash withdrawn from bank Rs.2.000.

5 Credit purchases from Deena Rs. 15,000.

T

6 Cash deposited into bank Rs.5,000.

10 Paid wages by cheque Rs.10,000.

14 Cash received from sale of furniture Rs. 10,000 and out of it paid into bank Rs 2000

18 Bank charges charged by the bank Rs. 1.300.

20 Cheque issued to Deena Rs. 15,000.

24 Received a cheque for Rs.1,000 from Anil, deposited into the bank on the next day

28 Deena, to whom we have issued a cheque for credit purchases has reported that our

cheque is dishonoured.

30. Withdrew from bank for office use Rs 2.500.

31. Withdrew from bank for personal use Rs 500