Prepare a two column cash book for the following:

(1) Received cheque from Deepak Rs.5000

(2) Sold goods on credit to Ashok Mitra Ra.4000

(3) Purchased goods on credit from Chander Rs.5000

Question

Prepare a two column cash book for the following:

(1) Received cheque from Deepak Rs 5000

(2) Sold goods on credit to Ashok Mitra Ra 4000

(3) Purchased goods on credit from Chander Rs 5000

Sirjan Arneja · Accepted Answer

Dear Student,

For the transactions, journal entries would be passed:

Date
Particulars
L F
Dr
Cr

1)
Cheque-in-hand A/c Dr
To Deepak A/c
(Being cheque received from Deepak)

5000

2)
Ashok A/c Dr
To Sales A/c
(Being goods sold on credit)

4000

3)
Purchases A/c Dr
To Chander A/c
(Being goods purchased on credit)

5000

Regards

Date	Particulars	L.F.	Dr.	Cr.
1)	Cheque-in-hand A/c Dr. To Deepak A/c (Being cheque received from Deepak)		5000	5000
2)	Ashok A/c Dr. To Sales A/c (Being goods sold on credit)		4000	4000
3)	Purchases A/c Dr. To Chander A/c (Being goods purchased on credit)		5000	5000