Question

lowing transactions in a single column cash book : Cash in hand Taken a loan from Manju Cash sales Received from Mohan Paid into bank Purchased postage Paid for wages Further capital introduced Spent for private use Received interest on investment Withdrew from bank for office expenses Cash purchases Deposited into bank all cash in excess of ₹ 4,100 5.000 6,600 1,200 5.900 150 750 5,000 800 400 3,000 1,500 2.500 Repaid the loan taken from Manju along with interest @ 18% p.a.
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Answer 1

Explanation:

Date Particulars L.F. Cash (Rs) Date Particulars L.F. Cash (Rs)

2016 2016

May 01 Capital A/c 25,000 May 03 Purchases A/c 10,000

May 04 Sales A/c 6,000 May 03 Carriage A/c 200

May 10 Ram 1,000 May 12 Shiv Kumar 2,600

May 15 Sales A/c 8,400 May 18 Furniture A/c 5,000

May 27 Commission A/c 1,500 May 20 Advertisement A/c 500

May 24 Mahesh 4,000

May 25 Wages A/c 400

May 28 Drawings A/c 2,200

May 31 Salary A/c 700

May 31 Balance c/d 16,300

41,900 41,900

June 01 Balance b/d 16,300