Question No 09 Chapter No 8 – USHA Publication 11 Class

Question No 09 Chapter No 8

Question No 09 Chapter No 8

09. Enter the following transaction in cash and bank columns :

2019  
Jun.1 Balance of cash in hand Rs 1,400. overdraft at bank Rs 5,000
Jun.4 Invested further of Rs 10,000 out of which of Rs 6,000 deposited into bank 
Jun.5 Sold goods for cash Rs 3,000
Jun.6 Collected from X Rs 8,000 by cheque and allowed discount Rs 200
Jun.10 Purchased goods for Rs 5,500
Jun. 11 Paid Ram Vilas, our creditor Rs 2,500: discount allowed Rs 65
Jun. 12 Commission paid to our agent Rs 530
Jun.13 Office furniture purchased from Keshav Rs 200
Jun.14 Rent paid Rs 50`
Jun.15 Electricity charges paid Rs 10
Jun.16 Drew cheque for personal use RS 700
Jun.18 Collected from Atal Rs 4,000; deposited in the bank the next day.
Jun.19 Drew from the bank for office use Rs 500
Jun.22 Drew cheque for petty cash Rs 150

 

The solution of Question No 09 Chapter No 8: –

 

Dr. Cash Book Cr.  
Date Particulars
L.F. Cash Bank Date Particulars
L.F. Cash Bank
2018         2018        
Jun.1 To Balance b/d   1,400   Jun.1 By Balance b/d     5,000
Jun.4 To Capital A/c   4,000 6,000 Jun.10 By Purchases A/c   5,500  
Jun.5 To Sale A/c   3,000   Jun.11 By Creditor A/c   2,500  
Jun.6 To Debtors A/c   8,000   Jun.12 By Commission A/c   530  
Jun.18 To Atal A/c     4,000 Jun.14 By Rent A/c   50  
Jun.19 To Bank A/c   500   Jun.15 By Electricity charges A/c   10  
          Jun.16 By Drawing A/c     700
          Jun.19 By Bank A/c     500
          Jun.29 By Salaries A/c     150
                   
          Jun.30 By Balance C/d   8,310 3,650
      16,900 10,000       16,900 10,000

Note: Jun.13 office furniture purchased from Keshav Rs 200 his entry will be made in cash book it is a credit transaction 

 

Cash Book | Types of Cash Book | Subsidiary Books

Thanks, Please Like and share with your friends  

Comment if you have any question.

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)

 

 

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.