Question

17. M/s Gupta & Co. started their Cash Book with the following balances on 1st April, 2016 : Cash hand 237 and balance in Bank Current Account 6,593. He had the following transactions in month of April : 2016 April 2 Received from Karan Agarwal April 4 Paid salaries to the staff for March 2016, in cash la o novig supor 0 590 al2 e 1 200 dna o wobWS 134 abo Received for cash sales pers vd bisg bns bodonr sim April 5 Paid to Parag by cheque April 5 Cash purchases 60 and Discount Received 15 April 7 Met a bill payable by drawing a cheque April 7 Paid Ahmed & Sons by cheque Al April 8 Received from cash sales April 8 Paid cartage and coolie charges April 10 Withdrew from bank for office use April 10 Paid rent in cash April 14 Received from cash sales April 14 Received cash from Mr. Pawan 194 & Discount allowed 6 2 ni zsinal bis April 16 Deposited into Bank April 16 Purchased a motor car for business and drew a cheque aM moil dei bavisoot April 19 Received a notice from the Bank that a bill has been collected April 23 Received a cheque from Ramesh & Co. and deposited it into the Bank oe das April 23 From cash sales received April 29 Bank notifies that Ramesh & Co.'s cheque has been dishonoured. moil bovi April 30 Deposited in the Bank April 30 Paid wages Draw up a Three-column Cash Book and enter the above transactions therein and balance it on 30th April 2016.[Ans, Cash in hand, 288: Cash in Bank 4,149; Total Discount Column-Dr.6Cr.-15]

Answer 1

Answer:

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