Question No 17 Chapter No 8
17. Record the following transactions in petty cash book drawn with suitable columns and then balance the same:
| 2018 | Rs | |
| Jan.1 | The petty cashier is given a monthly impress amount of Rs 750 | |
| He spent last month Rs 607.50 got the balance from the head cashier today | ||
| Jan.2 | Pai for printing | 92.5 |
| Jan.3 | Paid for sundry expenses | 46.5 |
| Jan. 5 | Paid for stationary | 42.5 |
| Jan.9 | Paid for coolie hire | 25 |
| Jan.12 | Stamps purchased | 45 |
| Jan.14 | Paid for tonga-hire | 23 |
| Jan.16 | Stationary purchased | 36 |
| Jan.19 | Paid for general expenses | 52.5 |
| Jan.20 | Paid for cartage | 37 |
| Jan.22 | Paid for adverting | 57 |
| Jan.24 | Paid for postage | 35 |
| Jan.26 | Paid for tonga and coolie hire | 46 |
| Jan.27 | Paid for blotting papers and ink | 12.5 |
| Jan.29 | Paid for telegram | 32 |
| Jan.31 | Paid for petty repairs | 21 |
The solution of Question No 17 Chapter No 8: –
Petty Cash Book
| Receipt | Date | V.NO | Particulars |
Payment | Postage & Stationery |
Carriage & cartage |
Postage & Telegram |
Miscell expenses |
| 142.50 | Jan.1 | R1 | To Cash A/c | |||||
| 607.50 | Jan.1 | 1 | By Cash A/c | |||||
| Jan.2 | 2 | By Printing A/c | 92.50 | 92.50 | ||||
| Jan.3 | 3 | By Sundry Expenses A/c | 46.50 | 46.50 | ||||
| Jan.5 | 4 | By Stationery A/c | 42.50 | 42.50 | ||||
| Jan.9 | 4 | By Coolie Hire A/c | 25.00 | 25.00 | ||||
| Jan.12 | 4 | By Stamps A/c | 45.00 | 45.00 | ||||
| Jan.14 | 5 | By Tonga Hire A/c | 23.00 | 23.00 | ||||
| Jan.16 | 6 | By Stationery A/c | 36.00 | 36.00 | ||||
| Jan.19 | 7 | By General expenses A/c | 52.50 | 52.50 | ||||
| Jan.20 | 8 | By Cartage A/c | 400 | |||||
| Jan.22 | 9 | By Advertising A/c | 37.00 | 37.00 | ||||
| Jan.24 | 10 | By Postage A/c | 35.00 | 35.00 | ||||
| Jan.26 | 11 | By Tonga & Coolie hire A/c | 46.00 | 46.00 | ||||
| Jan.27 | 12 | By Blotting paper & ink A/c | 12.50 | 12.50 | ||||
| Jan.29 | 13 | By Telegram A/c | 32.00 | 32.00 | ||||
| Jan.31 | 13 | By Petty repair A/c | 21.00 | 21.00 | ||||
| Jan. 31 | By Balance C/d | 146.50 | ||||||
| 750 | 750 | 183.50 | 131.00 | 112.00 | 177.00 |
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
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Chapter No. 3 – Origin of Transactions
Chapter No. 4 – Vouchers and transactions
Chapter No. 6 – Accounting for Goods and Services Tax(GST)
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)