Prepare a cash book and journal proper:

1) cash in hand-rs 5,000  cash at bank-rs 8000

2)  capital introduced rs 20,000 & rs 16,000 deposited in bank.

3)amit  paid 60 paise in a rupee out of 1000 being insolvent

4)cashed cheque 3000

5)received repayment of loan rs 500and deposited half into bank.

6)interest collected by bank 250

​8) cheque received from rama rs 1000

9)rama's cheque sent to bank for collection.

10)withdrew cash for personal use rs 1500 and by cheque rs 1250.

Dear Student,
 
Cash Book
Dr.   Cr.
Date Particulars L.F. Cash
(Rs)
Bank
(Rs)
Date Particulars L.F. Cash
(Rs)
Bank
(Rs)
 (1)  To Balance b/d    5,000  8,000  (2)  By Bank A/c  (c)  16,000  
 (2)  To Capital A/c      20,000    (4)  By Cash A/c      3,000
 (2)  To Cash A/c  (c)    16,000  (5)  By Bank A/c    250  
 (3)  To Amit A/c    600    (10)  By Drawings A/c    1,500  1250
 (4)  To Bank A/c   (c)  3,000      By Balance c/d    11,350  21,250
 (5)  To Loan repayment A/c    500            
 (5)  To Cash A/c  (c)    250          
 (6)  To Interest collected by Bank       250          
 (9)  To Rama A/c      1,000          
                   
       29,100  25,500         29,100  25,500
                   
 
Journal Proper
Date Particulars L.F. Debit
Amount
(Rs)
Credit
Amount
(Rs)
 (3) Deficiency A/c Dr.   400  
    To Amit A/c       400
  (Being Amit became insolvent & 60 paisa received for Rs. 1000))        

  • 3

1) by bal c/d-5,000
2) cash a/c dr to capital a/c
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