Question

RECORD THE TRANSACTIONS IN TWO COLUMN CASH BOOK.
PLEASE HELP ME OUT!!! ​

Answer 1

Answer:yes

Explanation:

Cash is a real account and it should debit all what comes in and credit what goes out.

Debit:

To Balance b/f = 2000+8000=10,000₹

Cash sales= 6000

Cash sales= 10000

Cheque sales= 20000

Cheque received= 10000

Less: cheque dishonoured= 10000

Cash sales= 7000

Total=53000₹

Credit:

Purchases= 6000

General expenses= 10000

Motor car= 15000

Rent= 2000

Telephone expense= 500

Withdrawals= 2000

By balance c/f= 17500₹

Total=53000₹

You have to make a debit column first on the right side, with columns for discount received, cash and bank. Next the same thing on the left side with discount allowed, cash and bank.