prepare a simple cash book with five imaginary figures
Answers
Answer:
Cash book is the book which the states the cash balances of the transactions are recorded.
Explanation:
Five Imaginary figures:
1. Started business with cash Rs 300,000
2. Bought goods for cash amounts to Rs 50,000
3. R sold goods for cash amounts to Rs 10,000.
4. Paid for stationery amounts to Rs 25,000.
5. Received cash from Mr. Rohit amounts to Rs 40,000
Explanation:
Let take this as question:
2016
Jan 1 Cash in Hand 1200
Jan 2 Paid Rent 300
Jan 3 Paid Salaries 400
Jan 5 Sold goods 700
Jan 8 Purchased Furniture 800
Solution:
Cash Book
Date Particulars Amount Date Particulars Amount
2016 2016
Jan 1 To Balance b/d 1200 Jan 2 By Rent a/c 300
Jan 5 To Sales a/c 700 Jan 3 By Salaries a/c 400
Jan 8 By Furniture a/c 800
Jan 31 By Balance c/d 300
1900 1900