Question

1. From the following transactions, prepare bank and discount columnar cash book in the books of Akhilesh stores.
2015
July 1 Bank overdraft Rs.13,500.
July 2 Goods of Rs.5,000 sold to Premal . Premal gave a cheque of Rs.4950 in full settlement, which is deposited in the bank.
July 8 Goods of Rs.6000 purchased and a cheque is issued for the necessary amount.
July10 Cheque of Rs.5000 is received from Geeta in full settlement of account of Rs.5060.
July 15 Cheque of Rs.7000 issued to Aradhana in full settlement of account of Rs.7015.

Answer 1

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