Please solve this fast
Q. 18. Enter the following transactions in a three column cash book: -
2018 | ₹ | |
March 1 | Commenced business with ₹1,00,000 of which ₹20,000 were borrowed form Mr. Ratan. | |
2 | Opened current account with Punjab National Bank | 75,000 |
4 | Bought goods by cheque | 60,000 |
5 | Purchased a typewriter for ₹4,000 and spent ₹500 on its repairs | |
8 | Paid petty cash expenses | 200 |
10 | Transferred from current account to fixed deposit account in the bank | 5,000 |
12 | Sold goods for cash ₹25,000 and cheque ₹15,000 | |
13 | Deposited the above cheque into bank | |
15 | Purchased goods from Ram Singh on credit | 25,000 |
18 | Settled Ram Singh's account by cheque | 24,750 |
20 | Sent a cheque in payment of the fees of proprietor's son | 500 |
25 | Cash sales, received a cheque | 4,000 |
28 | Deposited the above cheque into bank, collection charges | 25 |
31 | Repaid the loan taken from Mr. Ratan including interest @ 18% p.a. |
Dear Student,
Please refers to following link for the same:
https://www.meritnation.com/cbse-class-11-commerce/accountancy/accountancy-dk-goel-2017/books-of-original-entry-cash-book/textbook-solutions/161_17_2143_10150_10.65_133117
Regards,
Please refers to following link for the same:
https://www.meritnation.com/cbse-class-11-commerce/accountancy/accountancy-dk-goel-2017/books-of-original-entry-cash-book/textbook-solutions/161_17_2143_10150_10.65_133117
Regards,