Question

BOOKS OF ORIGINAL ENTRY - CASH BOX 11.56 Q. 4. Enter the following transactions in a Single Column Cash Book :- 2019 25. 40.00 4,000 4.900 100 7,800 Dec. 1 Cash-in-hand 2 Cash Sales (CGST 6%, SGST 6%) 4 Received from X on behalf of Y 9 Paid to Som Pal Discount Received 12 Received from Vijay Kumar and discount allowed 20 Bought goods for Cash (CGST 6%, SGST 6%) 21 Paid Cartage (CGST 6%, SGST 6%) 23 Remitted to Dharamvir and discount allowed by him 25 Received M.O. from Mohan 27 Borrowed from Mahabir 29 Received from Bhushan discount allowed 20,000 1,000 1,880 120 500 7,500 3.900 31 Paid to Lalit 2,700 in full settlement of his account of 3,000 [Ans. Cash Balance 60,500.]​

Answer 1

Answer:

Explanation:

Received from Vijay Kumar and discount allowed 20 Bought goods for Cash (CGST 6%, SGST 6%) 21 Paid Cartage (CGST 6%, SGST 6%) 23 Remitted to Dharamvir and discount allowed by him 25 Received M.O. from Mohan 27 Borrowed from Mahabir 29 Received from Bhushan discount allowed 20,000 1,000 1,880 120 500 7,500 3.900 31 Paid to Lalit 2,700 in full settlement of his account of 3,000 [Ans. Cash Balance 60,500.]​

Answer 2

Answer:

Note: Transaction dated May 20, 2016, will not be recorded in Cash Book because credit transactions do not affect the cash balance. Ques 2: Enter the following ...