Question No 07 Chapter No 8 – USHA Publication 11 Class

Question No 07 Chapter No 8

Question No 07 Chapter No 8

07. Prepare a double column cash book from the following transaction of Manohar Singh:

2018   Rs
Oct.1 Cash in hand 18,000
  Cash at bank 1,10,000
Oct.5 Discount a bill of exchange at 1% through bank 40,000
Oct.7 Bought good by cheque 70,000
Oct.8 Bought goods by cash 5,000
Oct. 10 Honoured our own acceptance by cheque 50,000
Oct. 14 Paid trade expenses 1,050
Oct.16 Paid into bank 10,000
Oct.18 Amount received from Ramesh against bad debts written off previously 2,500
Oct.19 Received cash from Raj 4,000
Oct.23 Withdrawn from bank 4,000
Oct.23 Paid to Gyan 3,000
Oct.24 Received Rs 20,000 for a bill of exchange from Hari and deposited the same into a bank  
Oct.25 Withdrawn from the bank for private expenses 3,000
Oct.27 Sold goods for cash  2,000
Oct.28 Received cheque for goods sold 90,000
Oct.29 Received a payment of a loan of Rs 50,000 and deposited Rs 30,000 out of it into the bank  
Oct.30 Bank charges as per passbook 50

 

The solution of Question No 07 Chapter No 8: –

 

Dr. In the Books of Manohar Singh
Cash Book
Cr.  
Date Particulars
L.F. Cash Bank Date Particulars
L.F. Cash Bank
2018         2018        
Oct.1 To Balance b/d   18,000 1,10,000 Oct.7 By Purchases A/c     70,000
Oct.5 To Bill receivable A/c     39,600 Oct.8 By Purchases A/c   5,000  
Oct.16 To Cash A/c     10,000 Oct.10 By Bill Payable A/c     50,000
Oct.18 To Bad debts recovered A/c   2,500   Oct.14 By Trade discount A/c   1,050  
Oct.19 To Raj A/c   4,000   Oct.16 By Bank A/c   10,000  
Oct.23 To Bank A/c   4,000   Oct.23 By Cash A/c     4,000
Oct.24 To Bill receivable A/c     20,000 Oct.23 By Gyan A/c   3,000  
Oct.27 To Sale A/c   2,000   Oct.25 By Drawing A/c     3,000
Oct.28 To Sale A/c     90,000 Oct.30 By Bank charges A/c     50
Oct.29 To Laon A/c   20,000 30,000          
          Jan.31 By Balance C/d   31,450 1,72,000
      50,500 2,99,600       50,500 2,99,600

 

 

Cash Book | Types of Cash Book | Subsidiary Books

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Also, Check out the solved question of all Chapters: –

Chapter No. 1 – Introduction

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)

 

 

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