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
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