Question

Double Columns Cash Book
Enter the following items in double column cash book (Cash & Discount) and balance them
off on 8th January, 2017.
2017
Jan. 1. Tarun commenced business with cash 10,000
He pays 2,300 for goods bought: 500 for furniture purchased;
3400 for office equipment.
Jan. 2. He pays rent 1,000; pays legal cost 100.
Jan. 3. He sells goods for cash 1,800
Jan. 4. He sells goods to Nitin on 5 days credit 800.
Jan, 5. He pays wages 150; cartage 50
Jan. 6. He buys goods for cash 700 and pays a creditor Sunil 425 in settlement of claim of 450.
Jan. 7. He receives cash from Nitin allowing discount 20.
Jan. 8. He sells goods for cash 3500

Answer 1

Date Particulars L.F. Cash (₹) Date Particulars L.F. Cash (₹)

2016 2016

Dec. 01 Balance b/d 25,000 Dec. 09 Som Pal 4,900

Dec. 02 Sales A/c 40,000 Dec. 20 Purchases A/c 20,000

Dec. 02 Output CGST A/c 2,400 Dec. 20 Input CGST A/c 1,200

Dec. 02 Output SGST A/c 2,400 Dec. 20 Input SGST A/c 1,200

Dec. 04 Y 4,000 Dec.21 Cartage 1,000

Dec. 12 Vijay Kumar 7,800 Dec. 21 Input CGST A/c 60

Dec. 25 Mohan 500 Dec. 21 Input SGST A/c 60

Dec. 27 Mahabir’s Loan A/c 7,500 Dec. 23 Dharamvir 1,880

Dec. 29 Bhushan 3,900 Dec. 31 Lalit 2,700

Dec. 31 Balance c/d 60,500

93,,500 93,500

2017

Jan.01 Balance b/d 60,500