Question

Prepare Two column cash book from the the following information
Rs.
June 1
Cash in hand
2800
1 June
Cash at Bank
7000
June 10
Discounted a bill of exchange at 1% through Bank
5000





June 15
Cash sales
6000
June 18
Paid into the bank
3000
June 20
paid rent
700
June 25
Bank charges
100
June 30
Withdrawn from Bank for personal use
1500
June 30
Purchased goods on credit from Vinay
4000​

Answer 1

Answer:

first take the answer of first one

Explanation:- Prepare two column Cash Book from the following information: 2018 Amount June 1 Cash in Hand 2,800 June 1 Cash at Bank 7,000 June 10 Discounted a bill of exchange at 1% through bank 5,000 June 15 Cash Sale 6,000 June 18 Paid into bank 3,000 June 20 Paid rent 700 June 25 Bank Charges 100 June 30 Withdrawn from Bank for personal use 1,500 June 30 Purchased goods on credit from Vinay 4,000 2- Enter the following transactions in Cash Book with Cash and Bank Columns: 2018 Amount March 1 Cash in Hand Cash at bank 2,000 12,000 March 4 Received cash from Madhav 1,800 March 5 Cash Sales 1,000 March 6 Purchases by cheque 745 March 7 Paid into bank 1,850 March 10 Paid cash for freight 54 March 12 Drew from bank for office use 600 March 15 Issued a cheque in favour of M/s Arun & Sons 985 March 16 Paid into bank 715 March 20 Drew cash for his son’s birthday party 175 March 21 Received a cheque from Navin for Rs.380 and deposited it into bank on the same day March 22 Cash Sales 200 March 23 Drew form Bank for office use 200 March 27 Purchased furniture for Rs.1,000 and payment made by cheque March 28 Navin’s cheque dishonoured, Bank Charges Rs.5 March 30 Purchased business premises, payment made by cheque 12,000 March 31 Received cheque for Rs.675 from Harish