Prepare Double column Cash book
Jan1
Cash in hand 10,000 and cash at bank 12,000
Jan2
Deposited into Bank Rs 2,000
Jan3
Goods sold for cash Rs. 12,000
Jan6
Purchased goods on credit Rs.7.000.
Jan7
Received a cheque from Ram Rs. 4,000
Jan 9
Deposited Ram's cheque into bank
Jan15
Paid salary by cheque Rs. 5,000
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Answer:
the balances of cash & bank will be 30000 and 13000 respectively...
I'm sending solution..
if still any problem dm me on insta @yashjain013
Explanation:
the entry of January 9 will not be shown in cash book book as only cheques are reciveed for which we will do a journal entry only below the cash book
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