Question

28. Prepare Double Column Cash Book for the month of June 2020, from the following
transactions. Also, prepare journal proper wherever required.
Amount in
2020
June 1
June 4
June 5
June 5
Cash in Hand 3,440, Overdraft at bank 18,000
Capital introduced 24,000 out of which 19,200 is by cheque and is
deposited in the bank.
Purchased goods from Tanu Traders, Jaipur for 3,600 CGST and SGST
@ 6% each and they allowed trade discount @5%; Cash discount @10%.
The amount was paid by cheque.
Good sold for cash 4,800 plus CGST and SGST @ 6% each less cash
discount @5%
Received cheque from Sanjay * 2,940. Allowed him discount Rs. 60.
Cheque received from Sanjay deposited into bank.
Received from Naveen on behalf of Navjot 240.
Sanjay's cheque dishonoured.
June 7
June 11
June 18
June 19
June 30
Deposited with the bank the entire balance after retaining 52,400 at office.​

Answer 1

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Explanation:

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