Question

Enter the following transactions in a single column Cash Book: (Simple cash Book) 2020 Rs. March 1 Balance of Cash in Hand 20,000 March 2 Bought goods for Cash 5,000 March 5 Sold goods for cash 4,000 March 10 Goods purchased from Ravi 10,000 March 13 Paid to Ravi 7,000 March 15 Cash Sales 8,000 March 18 Purchased Furniture for cash 6,000 March 20 Paid Wages 380 March 24 Paid Rent 400 March 26 Received Commission 600 March 28 Withdrew for personal use 1,000 March 31 Paid salary 900 *​

Answer 1

Answer:

to balance b/d. 20000. by purchases 5000

to sales. 4000. by Ravi. 7000

to sales 8000. by furniture. 6000

by wages. 380

by rent. 400

to commission. 600. by drawings. 1000

by salary. 900

32600. 32600

to balance b/d 11920

march 10 transaction will not be recorded as it's credit purchase and not cash purchase.