Question

18. Record the following transactions in a Three Column Cash Book at S. Man Mohan
(A
Singh :
2009
Jan. 1
5
7
8
10
12
14
15
Cash-in-hand
7
Bank balance
12,100
Received a cheque from Mohan & Co.
8,000
4,000
Discount allowed
200
Cash received from sale of shares
12,000
Received cash 900 and cheque for 700 for cash sales
Paid into bank, including cheques received on 5th and 8th January
10,000
Paid for repairs of typewriter
200
Drew a cheque for office use 2,000 and for personal use 1,500
Paid to Chanderpal by cheque
600
Discount received
50
Gave a cheque to Surender for cash purchase of furniture for office
5,000
1,800
Received a cheque from Naresh & Co. for commission and paid the same into bank
800
Rent paid by cheque on personal account of Manmohan Singh
100
Issued a cheque for petty cash
Instructed the Bank to issue a Bank Draft for 36,000 in favour of Amrit Lal. The bank charged 20 for issuing
the draft
Received a Bank Draft for 3,900 from Raghubir in full settlement of 4,000 due from him. Discount claimed by
him was disallowed.
250
Bank collected interest on securities
100 Bank Balance * 4,030]
16
20
20
22
24
29
30​

Answer 1

Answer:

Format of Single Column Cash Book on the basis of given transactions ... Paid Mohan & Co. by cheque, discount received Rs 100 ... Cash in Hand Rs 800, Bank overdraft Rs 5,700 .