Question

UDUL
5,000
1,000
800
1.000
100
500
1,000
July 6
45
5. Prepare a cash book with cash and discount columns from the following transactions
and find out the balance :
2015
July 1 Ramesh Chand commenced business with cash
July 2 Purchased goods for cash
July 3
Sold goods for cash
July 5
Purchased goods from Vikas
Purchased furniture
July 7
Sold goods to Sushil
Paid into bank
Paid sundry expenses
Received cash from Sushil in full settlement of his a/c of 500
Paid carriage
Paid to Vikas
Discount allowed by him
Sent money order to Rajesh
Paid money order commission
Interest received
Paid cashier's salary
Paid to Ravi
Paid rent
[Ans. Cash Balance * 2,300; Discount Dr. * 10; Cr. *15]
(Hint: Transactions dated 5th & 7th regarding purchase and sale of goods on
credit will not be recorded in cash book.]
July 9
July 12
July 15
July 17
July 21
July 24
490
20
985
15
150
10
80
200
300
260
July 28
July 31
July 31
July 31​

Answer 1

Answer:

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Explanation:

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