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Question No 17 Chapter No 10
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17. The following transaction took place during the week ended on 28th May 2018. How will you record them in the petty cash books which were maintained with a weekly ‘float’ of Rs 3,000 :
| 2018 | Rs | |
| May.23 | Postage | 400 |
| May.24 | Casual Labour | 500 |
| May.24 | Taxi hire | 600 |
| May.26 | Writing pads and registers | 800 |
| May.27 | Cartage | 200 |
| May.28 | Bus fare | 300 |
The solution of Question No 17 Chapter No 10: –
| Dr. | Analytical Petty cash book | ||||||||
| Receipt | Date | V. NO | Particulars | Payment | Post and Tele-gram | Casual labour | Travelling | Stationery | Cartage |
| May. 2018 | |||||||||
| 3,000 | 1 | R/1 | To Balance B/d | ||||||
| 23 | 1 | By postage A/c | 400 | 400 | |||||
| 24 | 2 | By Casual labour A/c | 500 | 500 | |||||
| 24 | 3 | By Taxi hire A/c | 600 | 600 | |||||
| 26 | 4 | By Stationery A/c | 800 | 800 | |||||
| 27 | 5 | By Cartage A/c | 200 | 200 | |||||
| 28 | 6 | By Bus fare A/c | 300 | 300 | |||||
| 31 | By Balance C/d | 200 | |||||||
| 3,000 | 3,000 | 400 | 500 | 900 | 800 | 200 | |||
To understand more about cash book please check out following links: –
Cash Book | Types of Cash Book | Subsidiary Books
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Single Column Cash Book | Explained with Example
Double Column Cash Book | Explained with Example
Triple Column Cash Book | Explained with Example
Petty Cash Book | Example | Subsidiary Books
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Also, Check out the solved question of previous Chapters: –
- Chapter No. 5 – Accounting Equation
- Chapter No. 6 – Accounting Procedures – Rules of Debit and Credit
- Goods and Services Tax(GST)
- Chapter No. 8 – Journal
- Chapter No. 9 – Ledger
Check out T.S. Grewal +1 Book 2019 @ Oficial Website of Sultan Chand Publication
T.S. Grewal’s Double Entry Book Keeping