sold goods to niraj of rs 25000, cash recieved rs 10000 and balance by chwque. allowed him discount of rs 500.(enter the following in two column cash book)
Answers
Answer:
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Page No 10.40:
Question 1:
Without Goods and Services Tax (GST)
Enter the following transactions of Mr. Ripinder, Delhi in a Single Column Cash Book and balance it:
2018
₹
Jan 1 Ripinder started business with capital 2,00,000
Jan 2 Purchased furniture for cash 50,000
Jan 3 Purchased goods for cash 30,000
Jan 5 Paid freight 500
Jan 7 Sold goods for cash 28,000
Jan 10 Paid to Ramesh 20,000
Jan 15 Sold goods for cash 10,000
Jan 20 Paid wages 10,000
Jan 25 Purchased goods from Raj on credit 20,000
Jan 31
Paid rent by Cheque
5,000
ANSWER:
Cash Book
Dr.
Cr.
Date
Particulars
L.F.
Cash
(₹)
Date
Particulars
L.F.
Cash
(₹)
2018
2018
Jan 01
Capital A/c
2,00,000
Jan 02
Furniture A/c
50,000
Jan 07
Sales A/c
28,000
Jan 03
Purchases A/c
30,000
Jan 15
Sales A/c
10,000
Jan 05
Freight A/c
500
Jan 10
Ramesh A/c
20,000
Jan 20
Wages A/c
10,000
Jan 31
Balance c/d
1,27,500
2,38,000
2,38,000
Page No 10.40:
Question 2:
Prepare Simple Cash Book from the following transactions of Mr. Suresh, Delhi:
Answer:
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