Question No 02 Chapter No 8

Question No 02 Chapter No 8

02. Enter the following transactions in a sample column cash book and balance the same on the last day of the month and post them into the ledger

2018 Rs
Jan.1Cash in hand 5,100
Jan.3Cash sale5,600
Jan.5Received from Lal on account800
Jan.7Paid into bank10,000
Jan.8Purchased postage200
Jan. 12Paid for wages100
Jan. 13Received interest on investment200
Jan.20Withdrawn from the bank for office expenses2,200
Jan. 25Cash purchased3,000
Jan.26Cash sale2,400
Jan.28Received from Ravinder1,100
Jan.29 Drew for personal use900
Jan.30Deposited into the bank all cash in excess of 1,000

 

The solution of Question No 02 Chapter No 8: –

 

Dr.Cash BookCr.
DateParticulars
L.F.AmountDateParticulars
L.F.Amount
2018   2018   
Jan.1To Balance b/d 5,100Jan.7By Bank A/c 10,000
Jan.3To Sale A/c 5,600Jan.8By Postage A/c 200
Jan.5To Sale A/c 800Jan.12By Wages A/c 100
Jan.13To Tilak A/c 200Jan.25By PurchasesA/c 3,000
Jan.20To Bank A/c 2,200Jan.30By Drawing A/c 900
Jan.26To Sale A/c 2,400Jan.30By Bank A/c 2,200
Jan.28To Ravinder A/c 1,100    
    Jan.31By Balance C/d 1,000
   17,400   17,400

 

Dr.Sale A/c
Cr.
DateParticulars
L.F.AmountDateParticulars
L.F.Amount
2018   2018   
    Jan.3By Cash A/c 5,600
    Jan.26By Cash A/c 200
Jan.31To Balance C/d 8,000    
   8,000   8,000

 

Dr.Lal A/c
Cr.
DateParticulars
L.F.AmountDateParticulars
L.F.Amount
2018   2018   
    Jan.5By Cash A/c 800
Jan.31To Balance C/d 800    
   800   800

 

Dr.Bank A/c
Cr.
DateParticulars
L.F.AmountDateParticulars
L.F.Amount
2018   2018   
Jan.7To Cash A/c 10,000    
Jan.30To Cash A/c 2,200    
    Jan.31By Balance C/d 12,200
   12,200   12,200

 

Dr.Postage A/c
Cr.
DateParticulars
L.F.AmountDateParticulars
L.F.Amount
2018   2018   
Jan.8To Cash A/c 200    
    Jan.31By Balance C/d 200
   200   200

 

Dr.Wages A/c
Cr.
DateParticulars
L.F.AmountDateParticulars
L.F.Amount
2018   2018   
Jan.12To Cash A/c 100    
    Jan.31By Balance C/d 100
   100   100

 

Dr.Interest om Investment A/c
Cr.
DateParticulars
L.F.AmountDateParticulars
L.F.Amount
2018   2018   
    Jan.13By Cash A/c 200
Jan.31To Balance C/d 200    
   200   200

 

Dr.Purchases A/c
Cr.
DateParticulars
L.F.AmountDateParticulars
L.F.Amount
2018   2018   
Jan.25To Cash A/c 3,000    
    Jan.31By Balance C/d 3,000
   3,000   3,000

 

Dr.Ravinder A/c
Cr.
DateParticulars
L.F.AmountDateParticulars
L.F.Amount
2018   2018   
    Jan.28By Cash A/c 1,100
Jan.31To Balance C/d 1,100    
   1,100   1,100

 

Dr.Drawing A/c
Cr.
DateParticulars
L.F.AmountDateParticulars
L.F.Amount
2018   2018   
Jan.30To Cash A/c 1,000    
    Jan.31By Balance C/d 1,000
   1,000   1,000

 

Cash Book | Types of Cash Book | Subsidiary Books

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Also, Check out the solved question of all Chapters: –

Usha Publication – Elements of Book-Keeping PSEB (Class 11) – Solution

Chapter No. 1 – Introduction

Chapter No. 2 – Theory Base of Accounting 

Chapter No. 3 – Origin of Transactions

Chapter No. 4 – Vouchers and transactions

Chapter No. 5 – Journal

Chapter No. 6 – Accounting for Goods and Services Tax(GST)

Chapter No. 7 – Ledger

Chapter No. 8 – Cash Book

Chapter No. 9 – Other Subsidiary Books

Chapter No. 10 – Journal Proper

Chapter No. 11 – Trial Balance

Chapter No. 12 – Bank Reconciliation Statement

Chapter No. 13 – Depreciation

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)

 

 

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