prepare cash book with bank column of vinod from the following transactions.
April 1 cash in hand ................................................................. 2200
cash at bank .............................................................................. 5000
April 15 received a cheque from Naresh 1000
April 18 cheque received from Naresh endorse to Suresh in full settlement 1050
April 10 paid life insurance premium of Mr. Mohan ................100
April 13 received and banked
cheque from Pawan in full settlement ......................... 750
April 16 pawan's Cheque returned dishonored by bank
April 20 Deposited into bank, balance of a Cash in excess of.......................................... 250
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Answer: Hey mate❕
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I think you are confused with the transaction of Cheque Endorsed i.e ( Cheque Received from Naresh is Endorsed to Suresh )
In Cash Book the entry of cheque endorsed is not recorded because here the journal entry will be
Suresh A/C Dr.
To Naresh A/C
(Being the cheque is endorsed)
And in Cash Book only Cash & Bank transactions are recorded.
Hope it may help you...
Please mark my answer brainliest (. ❛ ᴗ ❛.)
Explanation:
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