Question

i. Prepare cash book with cash and discount columns from the following transactions of
Sumit Kapoor and post them into ledger :
2019
March 1
March 2
March 10
March 19
March 22
March 25
Cash in hand
Withdrew cash from bank for office use
Paid for stationery
Bought furniture for cash
Cash received from Kiran
Discount allowed
Sent money order to Raj:
money order commission
Received cash for rent
Paid cash for polishing of doors
Drew for private expenses
Paid to Prashant
Discount received
Paid for trade expenses
Purchased radio set for proprietor's personal use
20,750
10,000
100
500
7,000
210
1,100
50
500
100
750
3,500
120
100
3,500
March 26
March 27
March 28
March 29
March 30
March 31​

Answer 1

Answer:

Prepare cash book with cash and discount column's from the following transactions of sumit kapoor and post them into ledger

2019

March 1 cash in hand 20750

March 2 withdrew cash from bank for office use 10000

March 10 paid for stationary 100

March 19 bought furniture for cash 500