Question

simple Cash Book
Ol
07
10
2. Enter the following transactions in a simple cash book for December 2016
Cash in hand
Cash received from Bhanu
12.000
Rent Paid
4.000
Purchased goods Murari for cash
2.000
15
Sold goods for cash
6.000
18
Purchase stationery
9.000
Cash paid to Rahul on account
300
2.000
28
Paid salary
1.000
30 Paid rent
500
(Ans. Cash in hand Rs. 13.200)
2. Record the following transaction in simple cash book for November 2016:​

Answer 1

Answer:

Cash Book records all receipts of and payments in cash. Usually the deposits into bank accounts maintained by a business firm, withdrawals from such accounts and cheque payments are also recorded in the Cash Book.