Prepare cash book with bank column of Ravi traders from the following transactions:
April 1 cash in hand ...................10,000
Bank overdraft.................5,000
April 3 received cash from Ashish ( debtors )........................6,000
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Answer:yes
Explanation:
Debit column:
By Cash in hand 10000₹
By Debtors 6000₹
Total 16000₹
Credit column:
To overdraft 5000₹
To loss/ balance c/d 11000₹
Total: 16000₹
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