Question No 13 Chapter No 8
13. Enter the following transaction in the double column cash book of Malkinder Singh:
| 2019 | Rs | |
| Feb.1 | Cash in hand | 14,000 |
| Bank overdraft | 35,000 | |
| Feb.4 | Invested further capital of Rs 15,000 out of which Rs 7,000 deposited into bank | |
| Feb.6 | Sold goods for cash 9% CGST and SGST | 5,000 |
| Feb.8 | Cash received from the debtor of Rs 8,000; discount allowed 200 | |
| Feb.11 | Purchased goods for cash CGST and SGST 9% each | 6,000 |
| Feb.14 | Paid Ram villas our creditor Rs 4,000; discount received Rs 100 | |
| Feb.16 | Commission paid to our agent’s Rs 7,000, CGST and SGST 9% | |
| Feb.18 | Drew for the bank for office use | 1,600 |
| Feb.20 | Collection from Sushil Modi Rs 5,500; deposited in the next day | |
| Feb.24 | Cash deposited into bank | 3,200 |
| Feb.27 | Purchased machinery for Rs 12,000 plus CGST and SGST 9% |
The solution of Question No 13 Chapter No 8: –
| Dr. | Cash Book | Cr. | |||||||
| Date | Parti culars |
L. F. |
Cash | Bank | Date | Partic ulars |
L. F. |
Cash | Bank |
| 2018 | 2018 | ||||||||
| Feb.1 | To Balance b/d | 14,000 | Feb.1 | By Balance b/d | 35,000 | ||||
| Feb.4 | To Capital A/c | 8,000 | 7,000 | Feb.11 | By Purchases A/c | 6,000 | |||
| Feb.6 | To Sale A/c | 5,000 | Feb.11 | By Input CGST A/c | 540 | ||||
| Feb.6 | To Output CGST A/c | 450 | Feb.11 | By Input SGST A/c | 540 | ||||
| Feb.6 | To Output SGST A/c | 450 | Feb.14 | By Creditor A/c | 3,900 | ||||
| Feb.8 | To Debtors A/c | 8,000 | Feb.16 | By Commission A/c | 7,000 | ||||
| Feb.18 | To Bank A/c | 1,600 | Feb.16 | By Input CGST A/c | 630 | ||||
| Feb.20 | To Cheque in hand A/c | 5,500 | Feb.16 | By Input SGST A/c | 630 | ||||
| Feb.24 | To Cash A/c | 3,200 | Feb.18 | By Cash A/c | 1,600 | ||||
| Feb.19 | By Drawing A/c | 1,800 | |||||||
| Feb.24 | By Bank A/c | 3,200 | |||||||
| Feb.27 | By Machinery A/c | 12,000 | |||||||
| Feb.27 | By Input CGST A/c | 1,080 | |||||||
| Feb.27 | By Input SGST A/c | 1,080 | |||||||
| Feb.28 | To Balance C/d | 22,700 | Feb.28 | By Balance C/d | 700 | ||||
| 37,500 | 38,400 | 37,500 | 38,400 | ||||||
Cash Book | Types of Cash Book | Subsidiary Books
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Also, Check out the solved question of all Chapters: –
Chapter No. 2 – Theory Base of Accounting
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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
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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)
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
Chapter No. 14 – Provisions and Reserves
Chapter No. 15 – Bills of Exchange
Chapter No. 16 – Rectification of Errors
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Chapter No. 17 – Financial Statements – (Without Adjustments)
Chapter No. 18 – Financial Statements – (With Adjustments)