Question No 02 Chapter No 8 – USHA Publication 11 Class

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.1 Cash in hand  5,100
Jan.3 Cash sale 5,600
Jan.5 Received from Lal on account 800
Jan.7 Paid into bank 10,000
Jan.8 Purchased postage 200
Jan. 12 Paid for wages 100
Jan. 13 Received interest on investment 200
Jan.20 Withdrawn from the bank for office expenses 2,200
Jan. 25 Cash purchased 3,000
Jan.26 Cash sale 2,400
Jan.28 Received from Ravinder 1,100
Jan.29  Drew for personal use 900
Jan.30 Deposited into the bank all cash in excess of  1,000

 

The solution of Question No 02 Chapter No 8: –

 

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

 

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

 

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

 

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

 

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

 

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

 

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

 

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

 

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

 

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

 

Cash Book | Types of Cash Book | Subsidiary Books

Thanks, Please Like and share with your friends  

Comment if you have any question.

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)

 

 

Leave a Reply