Accountancy, asked by samena70977, 3 months ago

enter the following transactions in the three column cash book of sunil and balance the same as on 31,12,2013?? jan 1 cash in hand 5400 and cash at bank 1475 jan 2 issued cheque to sekhar 850 and discount received 150 jan 3 paid salaries 1150 jan 5 cash received from sale of investments 4900 out of which 1250 was deposited into bank jan 6 received from vikram a cheque of 775 in settlement of his account for 950 jan 6 received from naidu 1150 discount allowed 50 jan 10 withdraw for personal use by cheque 175 jan 11 bank charges 10 jan 14 interest received 140 jan 16 goods sold for cash 7000 jan 18 bank collects dividends on shares 360 jan 18 purchased from wahed for cash 2400 jan 20 paid rent 400

Answers

Answered by ekta96687
0

Question 1:

Without Goods and Services Tax (GST)

Enter the following transactions of Mr. Ripinder, Delhi in a Single Column Cash Book and balance it:

2018

Jan 1 Ripinder started business with capital 2,00,000

Jan 2 Purchased furniture for cash 50,000

Jan 3 Purchased goods for cash 30,000

Jan 5 Paid freight 500

Jan 7 Sold goods for cash 28,000

Jan 10 Paid to Ramesh 20,000

Jan 15 Sold goods for cash 10,000

Jan 20 Paid wages 10,000

Jan 25 Purchased goods from Raj on credit 20,000

Jan 31

Paid rent by Cheque

5,000

ANSWER:

Cash Book

Dr.

Cr.

Date

Particulars

L.F.

Cash

(₹)

Date

Particulars

L.F.

Cash

(₹)

2018

2018

Jan 01

Capital A/c

2,00,000

Jan 02

Furniture A/c

50,000

Jan 07

Sales A/c

28,000

Jan 03

Purchases A/c

30,000

Jan 15

Sales A/c

10,000

Jan 05

Freight A/c

500

Jan 10

Ramesh A/c

20,000

Jan 20

Wages A/c

10,000

Jan 31

Balance c/d

1,27,500

2,38,000

2,38,000

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