Question

3. According to the Union Budget of 2020-21, Capital receipts (without
borrowings) are budgeted to increase by 175.7% over the revised estimates of
2019-20. It is on account of disinvestments, which are expected to be Rs
2.10.000 crore in 2020-21, as compared to Rs 65,000 crore as per the revised
estimates of 2019-20. This will results in:​

Answer 1

Explanation:

Mar. 30

Paid for sundry expenses 1,500

2. Enter the following transactions in a cash book, having cash and discount columns

Aug.1

Balance in hand 2,500

Aug 5

Purchased goods from Rahim for cash 750

Aug. 7

Received from Oswal &co. 980 Discount allowed 20

Aug. 10

Paid to Ranjan 290 Discount received 10

Aug. 16

Purchased goods for cash 400

Aug.20

Paid to Sharma & Co. 760 Discount availed 40

Aug. 21

Cash sales 1,000

Aug25

Purchased furniture for cash 250

Aug. 27

Paid wages 50

Aug. 28

Paid rent 150

Aug.30

Paid to Narain 380 Discount received 20

I want the double column cash book to be made on this