Question

2013
April 1
3
4.
7
8
15
90
Akhilesh started Business with cash
Paid into Bank
Bought goods for cash
Drew cash from Bank for office use
Bought from Kiran goods on credit
Received from Krishna
Allowed him discount
Paid to Kiran
Discount received
Bought goods for cash
Paid Rent
Paid Salaries by cheque
2,00,000
1,75,000
25,000
10,000
42,000
20,800
200
41,700
300
20,000
15,000
28,000
(B.Com. Osm)
10
25
28
30
nctione​

Answer 1

Answer:

Date Particulars L.F. Cash (Rs) Date Particulars L.F. Cash (Rs)

2016 2016

May 01 Capital A/c 25,000 May 03 Purchases A/c 10,000

May 04 Sales A/c 6,000 May 03 Carriage A/c 200

May 10 Ram 1,000 May 12 Shiv Kumar 2,600

May 15 Sales A/c 8,400 May 18 Furniture A/c 5,000

May 27 Commission A/c 1,500 May 20 Advertisement A/c 500

May 24 Mahesh 4,000

May 25 Wages A/c 400

May 28 Drawings A/c 2,200

May 31 Salary A/c 700

May 31 Balance c/d 16,300

41,900 41,900

June 01 Balance b/d 16,300

Note: Transaction dated May 20, 2016, will not be recorded in Cash Book because credit transactions do not affect the cash balance.