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)) |