Journalise the following and prepare a double column cash book :

2011

Oct,1 cash in hand = 1800

Overdraft at bank = 10000

Oct,5 discounted a bill of exchange at 1% through bank = 4000

Oct,6 Goods sold to Mr.Manish = 50000

Oct,10 Recieved two cheques from Amrita amounting Rs.5000. Which is crossed and other is bearer amounting = 3000

Oct,15 Bearer cheque of Amrita is endorsed to Mr.Nilesh in full settlement of Rs.3100

Oct,20 Crossed cheque of Amrita is returned dishonoured bu the bank. Also the bank has debited our account with Rs.50 for charges.

Oct,24 Recieved repayment of a loan of Rs.5000 and deposited Rs.3000 out it into bank.

Oct,28 Drawn from bank of personal expenses Rs.200 and for office use Rs.300

Oct,31 Banked all cash keeping a balance of Rs.400 only in hand.

 

Cash Book

 

Dr.

 

Cr.

Date

 

L.F.

Cash

Rs

Bank

Rs

Date

Particulars

L.F.

Cash

Rs

Bank

Rs

2011

Oct.01

Oct.05

Oct.10

Oct.24

Oct.28

Oct.31

 

Balance b/d

Bills Receivable

Amrita

Loan

Bank

Cash

 

 

 

 

(c)

(c)

 

1,800

 

3,000

2,000

300

 

 

3,960

5,000

3,000

 

3,700

2011

Oct.01

 

Oct.15

Oct.20

Oct.20

Oct.28

Oct.28

Oct.31

Oct.31

 

Balance b/d

(overdraft)

Mr. Nilesh

Amrita

Bank Charges

Drawings

Cash

Bank

Balance c/d

 

 

 

 

 

 

 

(c)

(c)

 

 

 

3,000

 

 

 

 

3,700

400

 

 

10,000

 

 

3,000

50

200

300

 

2,110

 

 

 

7,100

15,660

 

 

 

7,100

15,660

 

 

 

 

 

 

 

 

 

 

 

Working Note:

Cash column debited

Cash column credited before transferring Cash into Bank

7,100

3,000

Cash Balance before transferring cash into Bank

Less: Balance must be in Cash on Oct.31, 2011

4,100

400

Cash transferred to Bank

3,700

 

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