Enter the following transactions in a double column cash book of Mr. Sunil 2020 Jan 1 Cash in hand ₹ 90,000 Bank overdraft ₹ 20,000 Jan 2 Sold goods for cash ₹ 50,000 Jan 5 Cash deposited into bank ₹ 80,000 Jan 10 Withdrawn from bank for personal use 10,000 ₹ Jan 15 Purchased goods and paid by cheque ₹ 40,000 Jan 25 Paid to Meena ₹ 25,000 Jan 31 Paid Salary ₹ 5,000 Jan 31 Paid Rent by cheque ₹ 4,000
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1 . Date = 2020 Jan 1
Description = Cash in hand
Cash = ₹ 90,000
2. Date = Jan 2
Description = Bank overdraft
Cash = ₹ 20,000
3. Date = Jan 5
Description = Sold goods for cash
Cash = ₹ 50,000
4 . Date =10 Jan
Description = Cash deposited into bank
Cash = ₹ 80,000
5. Date = 15 Jan
Description = Withdrawn from bank for personal use
Cash = ₹ 10,000
6.Date = Jan 15
Description = Purchased goods and paid by cheque
Cash = ₹ 40,000
7. Date = Jan 25
Description= Paid to Meena
Cash = ₹ 25,000
8 . Date = 31 Jan
Description= Paid Salary
Cash = ₹ 5,000
9. Date = Jan 31
Description= Paid Rent by cheque
Cash = ₹ 4,000
Total cash = 324000
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