Question

70; Bank Balance 59.280.)
11. Enter the following transactions in the Cash Book of Chandrika of Chandigarh
2018
Jan.
1 Chandrika commences business with cash
Jan
3 She opened a Bank Current Account with her Savings Account choque
1,00,000
19,00,000
Jan
4 She receives cheque from Kirti & Co. on account
80,000
Jan
7 Sho pays into Bank Kini & Co.'s cheque
60.000
Jan
10 She advanced Ratan & Co. by cheque
35,000
Jan
12 Tripathi & Co. pays into her Bank No
47,500
Jan
15 She receives chequo from Warsi and allows him discount 3,500
45,000
Jan. 20 She receives cash 7,500 and cheque 10,000 from Kalyan against credit balance
Jan. 25 She pays Into Bank, including cheques received on 15th and 20th January
1,00,000
Jan. 27 She pays by cheque for purchases of 27,500 plus CGST and SGST O 6% each
Jan. 28 Cheque received from Warsi was dishonoured
Jan. 30 She pays sundry expenses in cash
50
Jan. 30 She pays John & Co. In cash and is allowed discount + 3,500
37,500
Jan. 31 She pays office rent 20,000 plus CGST and SGST 6% each by cheque
Jan. 31 She draws a cheque for office use
40,000
Jan. 31 She pays staff salaries by cheque
30,000
Jan. 31 Sho pays cash for stationery 2,500 plus CGST and SGST @ 8% each
Jan. 31 She purchases goods for cash + 12,500 plus CGST and SGST @ 6% each
Jan. 31 She pays Jagpal by cheque for commission * 30,000 plus CGST and SGST 6% each
Jan. 31 She receives cheque for commission of 50,000 plus CGST and SGST @ 6% each from
Raghubir & Co. and pays the same into Bank
Jan. 31 Cash Sales 45,000 plus CGST and SGST @ 6% each
[Cash Balance 98,550; Bank Balance - 19,26,700.)

Answer 1

Answer:

70; Bank Balance 59.280.)

11. Enter the following transactions in the Cash Book of Chandrika of Chandigarh

2018

Jan.

1 Chandrika commences business with cash

Jan

3 She opened a Bank Current Account with her Savings Account choque

1,00,000

19,00,000

Jan

4 She receives