Question

6. Prepare Three-column Cash Book from the following particulars: 2021 April 1 Cash in hand 4,000 and in bank * 25,000 April 2 Discounted a bill for 12,500 at 1% with bank April 5 Bought goods by cheque 20,000 April 8 Bought goods for cash 500 April 10 Paid 15.000 by cheque against a bill drawn upon us April 12 Paid trade expenses 250 April 17 Paid into bank 2 500 April 18 Mohan, who owed 500 became insolvent and paid 50 paise in a rupee April 20Received 250 from Govind and allowed him discount 5 April 21 Paid 625 to Rohan and he allowed discount of 10 April 22 Withdrew from bank 500 April 24 Received 5,000 from Ram against a Bill of Exchange and deposited the same into bank April 25 Withdrew from bank for personal expenses 250 April 26 Sold goods for cash 250 April 27 Received cheque for goods sold 22,500 and deposited the same into the bank April 28 Received repayment of a loan 7,500 and deposited out of it 6,250 in the bank​

Answer 1

Explanation:

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