Question

Enter the following transactions of Mars Ltd. in Cash Book with
Cash and Bank Columns.
Date Transactions
Amt. 17
2016
Aug. 11 Cash in hand
90,000
Bank Overdraft
40,000
Aug. 4 Capital introduced * 30,000 out of which 18,000 is by cheque and is deposited
in bank
Aug. 5 An amount of 1,000 due from Sanjay written off as bad debts in the previous
year, now recovered
Aug. 7 Received repayment of a loan 5,000 and deposited out of it 3,000 into the bank ....
Aug. 9 Received from Ravi on behalf of Roopak
4,000
| Received a cheque for 5,000 from Gopal, which was endorsed to Sachin on
13th Aug. in full settlement of 5,200
Aug. 14 Interest debited by bank
500
Aug. 14 Received a cheque from Kapil and sent it to bank immediately
7,000
Aug. 16 Bank notifies that Kapil's cheque has been dishonoured. Bank Charged 20
Aug. 18 Discounted Bills Receivable through bank
9,900
Aug. 19 Instructed the bank to issue a Bank Draft for 5,000 in favour of Krishan The
bank charged 10 for issuing the draft ...
Aug. 21 Honoured our own acceptance by cheque
2,000
Aug. 23
Received from Anil in Cash 9,800 after deduction of 2% cash discount
Aug. 25 Salaries paid.
10,000
Aug. 27 Withdrew for personal use
13,000
Aug. 31 Deposited with the bank the entire balance after retaining * 3,000​

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