Question

Q. 6 (B). Enter the following transactions in Triple columnar cash book :-
2016

Dec. 1 Started business with cash50000
Pays into Bank29000
3Received cheque from Raja & Co.800
Discount allowed20
5 Withdrew cash from bank for private use240
10 Purchased goods for 1,00,000; IGST 18%; Payment made by Cheque
12 Sold goods for 1,50,000; Trade Discount 20%; IGST 18%; Payment
received by Cheque
Received cheque from Kamla395
Discount allowed 15
Kamla's cheque endorsed to Bala in full settlement of her account of
425
Paid rent by cheque1000
Deposited into bank, balance of cash in excess of
450
[Ans. Cash Balance (Dr.) 450; Bank Balance (Dr.) *72,710; Discount Dr. 39
Cr. 330; Excess Cash deposited into Bank on 30th December 20,550.]​

Answer 1

Answer:

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