Question No 08 Chapter No 8 – USHA Publication 11 Class

Question No 08 Chapter No 8

Question No 08 Chapter No 8

08. Enter the following transaction in cash and bank columns and balance the cash book on 30th September 2018 :

2018  
Sep.1 Balance of cash in hand Rs 400; Bank overdraft Ras 5,000
Sep.4  Introduced cash Rs 10,000 as further capital, of which Rs 5,000 was deposited into bank
Sep.5 Sold goods for cash Rs 3,000
Sep.6 Collected from X Rs 8,000 by cheque and allowed discount Rs 200
Sep.10 Purchased goods for cash Rs 2,000 and by cheque Rs 3,000
Sep.11 Paid Rs 2,500 by cheque and discount received Rs 100
Sep.12 Paid commission to an agent Rs 500
Sep.15 Purchased office furniture by cash Rs 2,000
Sep.16 Rent paid Rs 100
Sep.17 Drew a cheque for personal use Rs 1,000
Sep.18 Cash sale Rs 5,000
Sep.20 Collected from Y  Rs 4,000 in cash and deposited into the bank the next day
Sep.23 Dividend received by cheque Rs 100 and deposited into bank 
Sep.28 Paid office salaries by cheque Rs 2,000
Sep.29 Deposited into bank cash retaining Rs 1,800

 

The solution of Question No 08 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        
Sep.1 To Balance b/d   400   Sep.1 By Balance b/d     5,000
Sep.4 To Capital A/c   5,000 5,000 Sep.10 By Purchases A/c   2,000 3,000
Sep.5 To Sale A/c   3,000   Sep.11 By Creditor A/c     2,500
Sep.6 To X A/c     8,000 Sep.12 By Commission A/c   500  
Sep.18 To Sale A/c   3,000   Sep.15 By Furniture A/c   2,000  
Sep.20 To Y A/c   4,000   Sep.16 By Rent A/c   100  
Sep.21 To Cash A/c     4,000 Sep.17 By Drawing A/c     1,000
Sep.23 To Dividend A/c     100 Sep.21 By Bank A/c   4,000  
Sep.29 To Cash A/c     7,000 Sep.28 By Salaries A/c     2,000
          Sep.29 By Bank A/c   7,000  
                   
          Sep.31 By Balance C/d   1,800 10,600
      17,400 24,100       17,400 24,100

 

 

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

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

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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