Question No 05 Chapter No 8 - USHA Publication 11 Class

Question No 05 Chapter No 8

Table of Contents

The solution of Question No 05 Chapter No 8: –

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

05. Record the following transactions of Raveesh in cash book with Cash and Bank Columns:

2018		Rs
Jan.1	Cash in hand	4,740
Jan.1	Cash at bank	13,186
Jan.3	Received from B. Chaturvedi	1,180
	And allowed him a discount	20
Jan.3	Cash sale	2,680
Jan.5	Paid for travelling expenses	400
Jan. 7	Cash purchases	1,200
Jan. 8	Paid to Anil Kumar by cheque	600
Jan.9	Stationery purchased	120
Jan.11	Rent paid in cash	1,000
Jan.12	Withdrawn from the bank for office use	400
Jan.13	Received from Ram Kumar by cheque	3,880
	and allowed him a discount and sent it to bank	120
Jan.18	Paid charity	1,440
Jan.31	Paid into bank	2,600

The solution of Question No 05 Chapter No 8: –

Dr.	In the Books of Raveesh Cash Book							Cr.
Date	Particulars	L.F.	Cash	Bank	Date	Particulars	L.F.	Cash	Bank
2018					2018
Jan.1	To Balance b/d		4,740	13,186	Jan.5	By Travelling exp A/c		400
Jan.3	To B. Chaturvedi A/c		1,180		Jan.7	By Purchases A/c		1,200
Jan.3	To Sale A/c		2,680		Jan.8	By Anil Kumar A/c			600
Jan.12	To Bank A/c	c	400		Jan.9	By Stationery A/c		120
Jan.13	To Ram Kumar A/c			3,880	Jan.11	By Rent A/c		1,000
Jan.31	To Cash A/c			600	Jan.12	By Cash A/c	c		400
					Jan.18	By charity A/c		1,440
					Jan.31	By Bank A/c		600
					Jan.31	By Balance C/d		4,240	16,666
			9,000	17,666				9,000	17,666

Note: The Answers given in the book of a cash account and bank account are equal to 4,240 and Rs 16,666 respectively, but these answers are the wrong,

So, The correct answers of a cash and bank account are equal to 2,240 and 18,666 respectively.

But If you want to telly your answers as shown in the above solution you can change the amount of transaction occurred on Jan 31 from Rs 2,600 to Rs 600.

Why you have to change the amount of transaction?

Because as per the book of the previous session, the given amount of the above-said transaction was Rs 600 but in the current session, the amount of the transaction has changed but the answer has not changed accordingly by the publisher.