Question

Enter the following transaction in the simple cash book of M/s Ankur & sons and balence it

Answer 1

Explanation:

refer the above picture...

A Simple Cash Book is ruled exactly like a ledger. When cash is received, it is entered on the debit side of the book, and similarly cash payment is entered on the credit side. When cash is received by the cashier, usually a cash receipt is issued against the cash; the cash receipt possesses a number (R.No.)

Cash book is a book in which an account is kept of the receipts and disbursements of money.

i hope this helps you to understand better..