plz its urgent
  Prepare a  double Column Cash Book from the following transactions of Mr.Shiv Kumar of Chandigarh.

2011
April 1    Commenced business with cash Rs. 1,50,000.

April 1    Purchased furniture for Rs. 20,000.

April 2    Deposited Rs. 70,000 in the newly opened Bank Account.

April 3    Purchased goods from Mohan worth Rs. 15,000.

April 5    Purchased goods from Gopal worth Rs. 20,000 at 10% Trade Discount and 5% Cash Discount.

April 6    Sold goods to Mahesh for Rs. 5,000.

April 7    Sold goods to Rachit for Rs. 10,000.

April 8    Received cheque from Mahesh. Allowed him Cash discount @ 5%.

April 9    Withdrew Rs. 30,000 from the bank out of which Rs. 12,000 were used to pay domestic expenses.

April 10    Received a B/R from Rachit.

April 11    Mahesh’s cheque deposited in the bank.

April 12    Paid Rs. 5,000 as Donation to a Blind School.

April 13    Rachit’s B/R discounted through bank at a discount of 10%.

April 14    Mahesh’s cheque returned dishonoured.

April 15    Paid cheque to Mohan after deducting a cash discount of 5%.

April 16    Paid to cleaner in cash Rs. 600.

April 17    Loan given to Rajesh Rs. 10,000.
 

Dear student
Note :- April 3, April 6, April 7 are assumed to be on credit

April 10        B/R A/c..............................................................Dr                  10000
                                To Rachit.                                                                                                            10000
Regards

 

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