Accountancy, asked by ram359, 1 year ago

Enter the following transaction in the double column cash book with bank column of shri daya Ram.1 cash at office 1230 and bank balance(cr) 25750.2 Discount a bill for 500 at 1% through bank. 3 deposited into bank 15000. 4 mohan settle his account for 7500 by giving a cheaque of 7300. 5 Mohans cheaque deposited into bank. 6 Mohans cheaque returned dishonoured. 7 paid salary by cheaque 1000.

Answers

Answered by Anonymous
9
Mr. M starts business with Rs. 20,000 on 1st April 2012. Of this he pays Rs. 15000 into his bank account. His cash transactions during the week were:
April 1 Purchased stationery for cash Rs. 100
April 2 Purchased goods for cash Rs. 2500
April 2 Cash Sales Rs.1500
April 3 Received from J Brown Cash on account Rs. 1000
April 4 Paid to J. R Cash Rs. 2200
April 5 Paid for Advertisement Rs. 400
April 6 Cash Sales Rs. 1800
April 6  Purchased old machinery Rs. 800
April 6 Purchase from sham on credit Rs. 6000

Make out a single column cash book .
Answered by ishwaryam062001
0

Answer:

The bargain acquired and dishonoured cheque are additionally recorded in the financial institution column.

Explanation:

From the above question

Here is the double column cash e book with financial institution column for Shri Daya Ram with the given transactions:

Date   Particulars                                Cash                       Bank    

                                                              Dr.                       Cr.

1    Balance b/d                               1,230.00             25,750.00

2    Bank A/c Dr. To Bills                                      500.00

Discount Allowed                                                      5.00

(Being a bill discounted)  

3 Bank A/c Dr. To Cash A/c                              15,000.00

(Being cash deposited)  

4 Mohan A/c Dr. To Bank A/c                              7,300.00

(Being payment by cheque)  

5 Bank A/c Dr. To Mohan A/c                             7,300.00

(Being cheque deposited)  

6 Mohan A/c Dr. To Bank A/c                            7,300.00

(Being dis - honoured cheque)  

7 Salary A/c Dr. To Bank A/c                                 1,000.00

(Being salary paid by cheque)  

Note: Dr. = Debit, Cr. = Credit

In this money book, The left-hand aspect (Cash column) documents all transactions associated to cash, while the right-hand aspect (Bank column) data all transactions associated to the financial institution account.

The bargain acquired and dis - honoured cheque are additionally recorded in the financial institution column.

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