Question

912. Enter the following transactions in a Cash Book with three columns viz Cash, Bank and
Discount for the month of March, 2012:
I Cash in hand Rs. 400 and Bank Overdraft Rs. 600.
2 Brought additional capital in cash Rs. 20,000.
3 Deposited into Bank Rs. 10,000.)
5 Goods sold for cash Rs. 20,000 and allowed Cash Discount of Rs. 200.
7 Commission paid to agent Rs. 1,000.
9 Cash Sales of Goods Rs. 2,000.
10 Goods sold to Radha on Credit Rs. 30,0003
14 Purchased goods from Sarika for Rs. 30,000 less 2% discount and paid the amount by cheque.
17 Transferred Rs. 10,000 from Private Bank A/c. to Business Bank A/c.
19 Received cheque from Radha Rs. 29,400 and allowed her discount of Rs. 600.
21 Goods insured against fire for Rs. 1,00,000 and paid Insurance Premium at 4% by cheque.
23 Purchased 5% Govt. Bonds of Rs. 2,000 at 95% and paid amount by cheque.
25 Paid Rent Rs. 1,000 by cheque.
27 Furniture purchased on credit from Ganesh Traders Rs. 14,000.
29 Goods sold for cash Rs. 40,000 and allowed cash discount at 1%
30 Paid Salary Rs. 4,000 by cheque.​

Answer 1

Answer:

1) to balance B/D (write the value in cash coloumn 400)

to balance B/D (write the value in bank coloumn 600)