Question

Prepare the double column cash book: 2019 Sept.1 Cash in hand Rs.7,500; Bank overdraft Rs.35,000; Sept.2 Paid wages Rs.2000; Sept.5 Cash sales Rs.70,000; Sept.10 Cash deposited in bank Rs.40,000; Sept.15 goods purchased against cheque Rs.20,000; Sept.20 Paid rent Rs.5,000; Sept.25 Drew from bank for personal use Rs.4,000; Sept.30 Salary paid Rs.10,000

Answer 1

Answer:

cash has debit balnce and bank has overdraft