Question No 04 Chapter No 8

Question No 04 Chapter No 8

04. Record the following transactions in a simple cash book of Sukhdev Singh :

2019 Rs
Jan.1Cash at office84,000
Jan.4Machinery purchased for Cash 6% CGST and SGST40,000
Jan.7Installation charges of machinery paid2,000
Jan.12Goods purchased for cash from Tanveer, 6% CGST and SGST3,000
Jan.14Goods sold for cash Harleen CGST6% and SGST50,000
Jan. 17Borrowed from Nawaz Sharif14,000
Jan. 20Paid advertisement CGST 6% and SGST6,000
Jan.28Dividend received from AB Co.1,500


The solution of Question No 04 Chapter No 8: –


Dr.In the Books of Sukhdev Singh
Cash Book
2018   2018   
Jan.1To Balance b/d 84,000Jan.4By Machinery A/c 40,000
Jan.14To Sale A/c 50,000Jan.4By Input CGST A/c 2,400
Jan.14To Output CGST A/c 3,000Jan.4By Input SGST A/c 2,400
Jan.14To Output SGST A/c 3,000Jan.7By Installation charges/c 2,000
Jan.17To Loan from Nawaz Sarif A/c 14,000Jan.21By Purchases A/c 3,000
Jan.28To Dividend received A/c 1,500Jan.21By Input CGST A/c 180
    Jan.21By Input SGST A/c 180
    Jan.20By Advisement A/c 6,000
    Jan.20By Input CGST A/c 360
    Jan.20By Input SGST A/c 360
    Jan.31By Balance C/d 98,620
   1,55,500   1,55,500

Note: The Answer given in the book of a cash account  is equal to 68,380, but these answers are the wrong,

So, The correct answer of a cash account is equal to 98,620. as shown in   the above solution

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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