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Question No 10 Chapter No 8
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10. Enter the following transaction in double column cash book of Avtar Singh and balance it :
| 2019 | Rs | |
| Feb.1 | Cash in hand | 30,000 |
| Bank overdraft | 45,000 | |
| Feb.2 | Paid salaries for January | 25,000 |
| Feb.5 | Purchased goods for cash, CGST6% and SGST6% | 3,000 |
| Feb.8 | Cash sale, CGST 6% SGST6% | 12,000 |
| Feb.11 | Issued cheque in favour of Krishna & Co. to Settle their account of Rs 27,000 | 26,000 |
| Feb.14 | Received cash from Dhawan & Co. | 25,000 |
| Feb.16 | Received cheque from Ali Bros (in full settlement of their debt of Rs 20,000) | 19,000 |
| Feb.18 | Cheque issued in favour of Mohit for purchase of furniture | 16,000 |
| Feb.21 | Cheque of Ali Bros. dishonoured, bank debits respect of changes | 200 |
| Feb.24 | Bank collects interest on securities | 15,000 |
| Feb.27 | Paid rent by cheque including 6% CGST and 6% SGST | 11,200 |
The solution of Question No 10 Chapter No 8: –
| Dr. | Cash Book | Cr. | |||||||
| Date | Particulars | L. F. | Cash | Bank | Date | Particulars | L .F. | Cash | Bank |
| 2019 | 2019 | ||||||||
| Feb.1 | To Balance b/d | 30,000 | Feb.1 | By Balance b/d | 45,000 | ||||
| Feb.8 | To Sale A/c | 12,000 | Feb.2 | By outstanding Salaries A/c | 25,000 | ||||
| Feb.8 | To Output CGST A/c | 720 | Feb.5 | By Purchase A/c | 3,000 | ||||
| Feb.8 | To Output SGST A/c | 720 | Feb.5 | By Input CGST A/c | 180 | ||||
| Feb.14 | To Dhawan A/c | 25,000 | Feb.5 | By Input SGST A/c | 180 | ||||
| Feb.16 | To Ali Bros A/c | 19,000 | Feb.11 | By Krishna & Co. A/c | 26,000 | ||||
| Feb.24 | To Interest on Securities A/c | 15,000 | Feb.16 | By Furniture A/c | 16,000 | ||||
| Feb.21 | By Ali Bros A/c | 19,200 | |||||||
| Feb.27 | By Rent A/c | 10,000 | |||||||
| Feb.27 | By Input CGST A/c | 600 | |||||||
| Feb.27 | By Input SGST A/c | 600 | |||||||
| Feb.28 | To Balance C/d | 83,400 | Feb.28 | By Balance C/d | 40,080 | ||||
| 68,440 | 1,17,400 | 68,440 | 1,17,400 | ||||||
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Cash Book | Types of Cash Book | Subsidiary Books
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Usha Publication – Elements of Book-Keeping PSEB (Class 11) – Solution
Chapter No. 2 – Theory Base of Accounting
Chapter No. 3 – Origin of Transactions
Chapter No. 4 – Vouchers and transactions
Chapter No. 6 – Accounting for Goods and Services Tax(GST)
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Chapter No. 9 – Other Subsidiary Books
Chapter No. 10 – Journal Proper
Chapter No. 11 – Trial Balance
Chapter No. 12 – Bank Reconciliation Statement
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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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