Question

Q. Enter into Naresh,s two column cash book the following transactions which took place in the month of Feb 2011.
Feb 1. Balance B/F from previous day - Cash on hand Rs 60, at Bank Rs 4,800
2. Instructed the bank to issue a draft for Rs 3,000 in favour of Suresh.
3. Received a bank draft for Rs 3,456 from Mahesh in full settlement of his account of Rs 3,600,and sent a draft to bank.
4. Received a cheque from Rakesh for Rs 1,200 allowed him discount Rs 72.
5. Endorsed the above cheque in favour of Harish.
6. Sent a cheque for Rs 30 in payment of school fees of Naresh,s son.
Withdrew Rs 300 from bank.
7. Placed an order with Vikas for goods of the value of Rs 600 and sent cheque for the same with the order.
8. Harish intimates that the cheque has been dishonoured.
9. Discounted a bill received from Mohit Rs 10,000 , discounted with bank @10%.
10. The above bill is returned dishonoured.
11. Honoured our own acceptance by cheque Rs 4,000.
12. Sold goods worth Rs 15,000.
13. Withdrew from bank any cash in excess of Rs 1,000​

Answer 1

Answer:

Bank draught charge 10 %at the rate 10,000