Question No 05 A Chapter No 7

Question No 05 A Chapter No 7

05. (A) Write the following transactions in a Two Column Cash Book and balance the Cash Book:−

2020 Rs
Jan.1Cash in hand6,000
 Bank Balance Cr3,000
Jan.3Deposited into Bank2,000
Jan.5Received from Mohan400
 Discount allowed10
Jan. 7Received a cheque from Hari and sent it to the bank600
Jan. 9Received a cheque from Prem Mohan1,600
 Discount allowed25
Jan.12Withdrew from the bank for office use300
Jan.13Bought goods for cash600
Jan.14Sold goods for cash1,200
Jan.16Paid to Ganesh by cheque494
 Discount received6
Jan.18Prem Mohan’s cheque deposited in the bank 
Jan.20Sold goods to Gopal for 1,500 for which he gave cash 800 and a cheque of 700. 
Jan.22Deposited into the bank (including Gopal ′s cheque)900
Jan.24Paid rent by cheque150
Jan.25Withdrew from the bank for personal use200
Jan.28Bank notifies that Prem Mohan’s cheque was dishonored 
Jan.30Received from Anil 270 in cash and 540 by cheque. Discount Allowed 90. 
Jan.31The cheque was deposited into the bank. 31 Bank charges as shown in Pass Book5
 Paid Salary500

The solution of Question No 05(A) Chapter No 7: –

Dr.Cash BookCr.
DateParticulars
L.
F.
Discount
Allowed
CashBankDateParticulars
L.
F.
Discount ReceivedCashBank
2020     2020     
Jan.1To Balance b/d 6,000Jan.1By Balance b/d 3,000
Jan.3To Cash a/c 2,000Jan.03By Bank A/c 2,000
Jan.5To Mohan A/c 10400Jan.12By Cash A/c 300
Jan.7To Hari A/c  600Jan.13By Purchases A/c 600
Jan.12To Bank A/c  300 Jan.16By Ganesh A/c 6494
Jan.14To Sale A/c  1,200Jan.22By Bank A/c 200
Jan.18To Cheques in hand A/c 251,600Jan.24By Rent A/c   150
Jan.20To Gopal A/c 800Jan.25By Drawing A/c 200
Jan.22To Cheques in hand A/c 700Jan.28By Prem Mohan A/c 1,600
Jan.22To Cash A/c 200Jan.31By Bank Charges A/c 5
Jan.30To Anil A/c 90270540Jan.31By Salary A/c 500
            
Jun.30To Balance c/d 125 8,550Jun.30By Balance C/d 1,000
52,600
   1258,9705,749   1,0008,9705,749

 

In the Books of Ganesh bros
DateParticulars
L.F.DebitCredit
2020     
Jan. 09Cheques-in-Hand A/cDr. 1,600 
 Discount Allowed A/cDr. 25 
 To Prem Mohan A/c   1,625
 (Being Received cheque from Prem Mohan )   
     
Jan. 20Cheques-in-Hand A/cDr. 700 
 To Gopal A/c   700
 (Being Cash received from Dev in full settlement of his account)   
      
Jan. 28Prem Mohan A/cDr. 25 
 To Discount Allowed A/c  25
 (Being Cheque received from Prem Mohan, dishonored)   
     

 

Cash Book | Types of Cash Book | Subsidiary Books

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D K Goel – New ISC Accountancy -(Class 11 – ICSE)- Solution

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