Question

Prepare a Bank column Cash Book from the following transactions :
Date Details
2012
Mar. 1 Cash in hand 2,780, Bank overdraft 3,125
Mar. 2 Cheque of 400 issued to the petty cashier.
Mar. 5 350 was paid to Hari for the repair of electricity.
Mar. 12 Received 1200 for sale of goods.
Mar. 17 Received 950 from Sheila after allowing a rebate of 20 on
account of retering a bill of exchange.
Mar. 24 Girdhari Lal paid 2000 in cash and 3000 in cheque, for the
sale of goods to him.
Mar. 25 Bought goods worth 1700 from Rahim and paid by cheque.
Mar. 30 Interest on overdraft 50 was charged by Bank
Mar. 31 Cash in excess of 1000 was deposited into the Bank

Answer 1

Jan 1 2017 To bal c/d 340 in cash and 8370 in bank