Question

while plne following transaction in a cash book with cash, bank and discount columns
March 2016
March 1 Balance in hand Rs. 100 and overdraft at bank Rs 20000
March 2 Received cash from Rajesh for goods sold in last month Rs. 1000
Marchi 3 Sold goods for cash Rs. 19000
March 4 Received two cheques from Yogesh each of Rs. 5000. One is crossed while the
other is bearer
March 5 Bearer cheque received from Yogesh is endorsed to Thrun in full settlement of
Rs. 5050
March 6 Settled Sureshi's account of Rs. 2025 by a cheque Rs. 2000.
March 7 The crossed cheque of Yogesh is returned as dishonoured by the bank. The bank
has debited Our Account with Rs. 5 as bank charges
March & Drew from the bank for personal expenses Rs 200 and for office use Rs 3000,
March 9 Banked all cash keeping a balance of Rs 100 only in hand

Answer 1

Answer:

while plne following transaction in a cash book with cash, bank and discount columns March 2016 March 1 Balance in hand Rs. 100 and overdraft at bank Rs 20000 March 2 Received cash from Rajesh for goods sold in last month Rs. 1000 Marchi 3 Sold goods for cash Rs. 19000 March 4 Received two cheques from Yogesh each of Rs. 5000. One is crossed while the other is bearer March 5 Bearer cheque received from Yogesh is endorsed to Thrun in full settlement of Rs. 5050 March 6 Settled Sureshi's account of Rs. 2025 by a cheque Rs. 2000. March 7 The crossed cheque of Yogesh is returned as dishonoured by the bank. The bank has debited Our Account with Rs. 5 as bank charges March & Drew from the bank for personal expenses Rs 200 and for office use Rs 3000, March 9 Banked all cash keeping a balance of Rs 100 only in hand