Loading Tutorstips...
✦ FREE LEARNING — CLASS 11 & 12 — CBSE · PSEB — ACCOUNTS · ECONOMICS · BST ✦
Advertisement
Advertisement
Advertisement
Advertisement
Question No 05 Chapter No 8
05. Record the following transactions of Raveesh in cash book with Cash and Bank Columns:
| 2018 | Rs | |
| Jan.1 | Cash in hand | 4,740 |
| Jan.1 | Cash at bank | 13,186 |
| Jan.3 | Received from B. Chaturvedi | 1,180 |
| And allowed him a discount | 20 | |
| Jan.3 | Cash sale | 2,680 |
| Jan.5 | Paid for travelling expenses | 400 |
| Jan. 7 | Cash purchases | 1,200 |
| Jan. 8 | Paid to Anil Kumar by cheque | 600 |
| Jan.9 | Stationery purchased | 120 |
| Jan.11 | Rent paid in cash | 1,000 |
| Jan.12 | Withdrawn from the bank for office use | 400 |
| Jan.13 | Received from Ram Kumar by cheque | 3,880 |
| and allowed him a discount and sent it to bank | 120 | |
| Jan.18 | Paid charity | 1,440 |
| Jan.31 | Paid into bank | 2,600 |
| Dr. | In the Books of Raveesh Cash Book |
Cr. | |||||||
| Date | Particulars |
L.F. | Cash | Bank | Date | Particulars |
L.F. | Cash | Bank |
|---|---|---|---|---|---|---|---|---|---|
| 2018 | 2018 | ||||||||
| Jan.1 | To Balance b/d | 4,740 | 13,186 | Jan.5 | By Travelling exp A/c | 400 | |||
| Jan.3 | To B. Chaturvedi A/c | 1,180 | Jan.7 | By Purchases A/c | 1,200 | ||||
| Jan.3 | To Sale A/c | 2,680 | Jan.8 | By Anil Kumar A/c | 600 | ||||
| Jan.12 | To Bank A/c | c | 400 | Jan.9 | By Stationery A/c | 120 | |||
| Jan.13 | To Ram Kumar A/c | 3,880 | Jan.11 | By Rent A/c | 1,000 | ||||
| Jan.31 | To Cash A/c | 600 | Jan.12 | By Cash A/c | c | 400 | |||
| Jan.18 | By charity A/c | 1,440 | |||||||
| Jan.31 | By Bank A/c | 600 | |||||||
| Jan.31 | By Balance C/d | 4,240 | 16,666 | ||||||
| 9,000 | 17,666 | 9,000 | 17,666 | ||||||
Note: The Answers given in the book of a cash account and bank account are equal to 4,240 and Rs 16,666 respectively, but these answers are the wrong,
So, The correct answers of a cash and bank account are equal to 2,240 and 18,666 respectively.
But If you want to telly your answers as shown in the above solution you can change the amount of transaction occurred on Jan 31 from Rs 2,600 to Rs 600.
Why you have to change the amount of transaction?
Because as per the book of the previous session, the given amount of the above-said transaction was Rs 600 but in the current session, the amount of the transaction has changed but the answer has not changed accordingly by the publisher.
https://tutorstips.com/cash-book/
Thanks, Please Like and share with your friends
Comment if you have any question.
Also, Check out the solved question of all Chapters: –
Chapter No. 2 - Theory Base of Accounting
Chapter No. 3 - Origin of Transactions
Chapter No. 4 - Vouchers and transactions
Chapter No. 6 - Accounting for Goods and Services Tax(GST)
Chapter No. 9 - Other Subsidiary Books
Chapter No. 10 - Journal Proper
Chapter No. 11 - Trial Balance
Chapter No. 12 - Bank Reconciliation Statement
Chapter No. 14 - Provisions and Reserves
Chapter No. 15 - Bills of Exchange
Chapter No. 16 - Rectification of Errors
Chapter No. 17 - Financial Statements - (Without Adjustments)
Accounting & Commerce Educator
Sarbjit Singh holds a B.Com and M.Com degree and has over 12 years of teaching experience in double entry bookkeeping, financial accounting, and business studies.
This guide covers "Question No 05 Chapter No 8 - USHA Publication 11 Class", focusing on key definitions, step-by-step concepts, applications, and revision guidelines relevant to USHA Publication +1 Elements of Book-Keeping.
It is primarily curated for Class 11 and Class 12 high school commerce, accounting, and economics students, as well as aspirants preparing for board exams or CA Foundation.
You can take our custom-built interactive practice quiz directly on this page to test your understanding of "Question No 05 Chapter No 8 - USHA Publication 11 Class" instantly.
5 January 2022
5 January 2022
19 September 2022
19 September 2022
10 January 2023
10 January 2023
