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Question No 09 Chapter No 8
09. Enter the following transaction in cash and bank columns :
| 2019 | |
| Jun.1 | Balance of cash in hand Rs 1,400. overdraft at bank Rs 5,000 |
| Jun.4 | Invested further of Rs 10,000 out of which of Rs 6,000 deposited into bank |
| Jun.5 | Sold goods for cash Rs 3,000 |
| Jun.6 | Collected from X Rs 8,000 by cheque and allowed discount Rs 200 |
| Jun.10 | Purchased goods for Rs 5,500 |
| Jun. 11 | Paid Ram Vilas, our creditor Rs 2,500: discount allowed Rs 65 |
| Jun. 12 | Commission paid to our agent Rs 530 |
| Jun.13 | Office furniture purchased from Keshav Rs 200 |
| Jun.14 | Rent paid Rs 50` |
| Jun.15 | Electricity charges paid Rs 10 |
| Jun.16 | Drew cheque for personal use RS 700 |
| Jun.18 | Collected from Atal Rs 4,000; deposited in the bank the next day. |
| Jun.19 | Drew from the bank for office use Rs 500 |
| Jun.22 | Drew cheque for petty cash Rs 150 |
| Dr. | Cash Book | Cr. | |||||||
| Date | Particulars |
L.F. | Cash | Bank | Date | Particulars |
L.F. | Cash | Bank |
|---|---|---|---|---|---|---|---|---|---|
| 2019 | 2019 | ||||||||
| Jun.1 | To Balance b/d | 1,400 | Jun.1 | By Balance b/d | 5,000 | ||||
| Jun.4 | To Capital A/c | 4,000 | 6,000 | Jun.10 | By Purchases A/c | 5,500 | |||
| Jun.5 | To Sale A/c | 3,000 | Jun.11 | By Creditor A/c | 2,500 | ||||
| Jun.6 | To Debtors A/c | 8,000 | Jun.12 | By Commission A/c | 530 | ||||
| Jun.18 | To Atal A/c | 4,000 | Jun.14 | By Rent A/c | 50 | ||||
| Jun.19 | To Bank A/c | 500 | Jun.15 | By Electricity charges A/c | 10 | ||||
| Jun.16 | By Drawing A/c | 700 | |||||||
| Jun.19 | By Bank A/c | 500 | |||||||
| Jun.29 | By Salaries A/c | 150 | |||||||
| Jun.30 | By Balance C/d | 8,310 | 3,650 | ||||||
| 16,900 | 10,000 | 16,900 | 10,000 | ||||||
Note: Jun.13 office furniture purchased from Keshav Rs 200 his entry will be made in cash book it is a credit transaction
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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)
Chapter No. 18 - Financial Statements - (With 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 09 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.
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