Question

Enter the following in double column cash book : purchasesd goods from meena

Answer 1

Answer:

Explanation:

Question 1:

Enter the following transactions in a Single Column Cash Book∶−

2016

 

(₹)

May 1 Commenced business with Cash  

25,000

3 Bought goods for Cash 10,000

3 Paid Carriage 200

4 Sold goods for Cash 6,000

10 Received from Ram 1,000

12 Paid to Shiv Kumar 2,600

15 Cash Sales 8,400

18 Purchased furniture for cash for office 5,000

20 Paid for Advertisement 500

20 Purchased goods from Mahesh on credit 6,000

24 Paid to Mahesh 4,000

25 Paid Wages 400

27 Received for Commission 1,500

28 Withdrew for personal use 2,200

31 Paid salary