Question No 06 Chapter No 8 – USHA Publication 11 Class

Question No 06 Chapter No 8
Q-06- CH-8 - USHA +1 Book 2020 - Solution

Question No 06 Chapter No 8

06. Enter the following transactions in Double column cash book (cash and bank) of Manohar and balance the book as January 8, 2018:

2018  
Jan.1 Manohar commenced business with cash Rs 30,000. he pays Rs27,500 into a bank from the cash box
Jan.2 He buys goods for cheque Rs 6,900
Jan.3 He pays rent Rs 1,500 by cheque
Jan.4 He settles a debt of Rs750 due to Hari by cheque deducting discount a 4%
Jan.5 He received a cheque for the debt of Rs 400 less 5% discount from Gopal
Jan. 6 He draws for personal use Rs 700 from the cash box
Jan. 7 He pays wages Rs 200in cash

The solution of Question No 06 Chapter No 8: –

Dr. In the Books of Manohar
Cash Book
Cr. 
Date Particulars
L.F. Cash Bank Date Particulars
L.F. Cash Bank
2018         2018        
Jan.1 To Balance b/d   30,000   Jan.1 By Bank A/c   27,500  
Jan.1 To Cash A/c     27,500 Jan.2 By PurchasesA/c     6,900
Jan.5 To Gopal A/c     380 Jan.3 By Rent A/c     1,500
          Jan.4 By Hari A/c*     720
          Jan.6 By Drawing A/c   700  
          Jan.12 By Wages A/c   200  
          Jan.31 By Balance C/d   1,600 18,760
      30,000 27,880       30,000 27,880

 

*Mar.4 He settles a debt of Rs750 due to Hari by cheque deducting discount a 4%
The calculation of the Amount of discount @ 4%
750 x 4% = 30/-

 

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

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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

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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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