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 :

Sep.1Balance 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.5Sold goods for cash Rs 3,000
Sep.6Collected from X Rs 8,000 by cheque and allowed discount Rs 200
Sep.10Purchased goods for cash Rs 2,000 and by cheque Rs 3,000
Sep.11Paid Rs 2,500 by cheque and discount received Rs 100
Sep.12Paid commission to an agent Rs 500
Sep.15Purchased office furniture by cash Rs 2,000
Sep.16Rent paid Rs 100
Sep.17Drew a cheque for personal use Rs 1,000
Sep.18Cash sale Rs 5,000
Sep.20Collected from Y  Rs 4,000 in cash and deposited into the bank the next day
Sep.23Dividend received by cheque Rs 100 and deposited into bank 
Sep.28Paid office salaries by cheque Rs 2,000
Sep.29Deposited 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
2018    2018    
Sep.1To Balance b/d 400 Sep.1By Balance b/d  5,000
Sep.4To Capital A/c 5,0005,000Sep.10By Purchases A/c 2,0003,000
Sep.5To Sale A/c 3,000 Sep.11By Creditor A/c  2,500
Sep.6To X A/c  8,000Sep.12By Commission A/c 500 
Sep.18To Sale A/c 3,000 Sep.15By Furniture A/c 2,000 
Sep.20To Y A/c 4,000 Sep.16By Rent A/c 100 
Sep.21To Cash A/c  4,000Sep.17By Drawing A/c  1,000
Sep.23To Dividend A/c  100Sep.21By Bank A/c 4,000 
Sep.29To Cash A/c  7,000Sep.28By Salaries A/c  2,000
     Sep.29By Bank A/c 7,000 
     Sep.31By Balance C/d 1,80010,600
   17,40024,100   17,40024,100



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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