Question No 13 Chapter No 8 – USHA Publication 11 Class

Question No 13 Chapter No 8

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. 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)

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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