Question No 05 Chapter No 8
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| Jan.12 | Withdrawn from the bank for office use | 400 |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 Sukhdev Singh 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.
Cash Book | Types of Cash Book | Subsidiary Books
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Also, Check out the solved question of all Chapters: –
Chapter No. 2 – Theory Base of Accounting
Chapter No. 3 – Vouchers and transactions
Chapter No. 4 – Journal
Chapter No. 5 – Ledger
Chapter No. 6 – Cash Book
Chapter No. 7 – Other Subsidiary Books
Chapter No. 8 – Journal Proper
Chapter No. 9 – Trial Balance
Chapter No. 10 – Bank Reconciliation Statement
Chapter No. 11 – Depreciation
Chapter No. 12 – Provisions and Reserves
Chapter No. 13 – Bills of Exchange
Chapter No. 14 – Rectification of Errors
Chapter No. 15 – Financial Statements – (Without Adjustments)
Chapter No. 16 – Financial Statements – (With Adjustments)