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Prepare a Double Column Cash Bank from the following transactions:
is cash book? Explain the types of cash book.
can i get solution book of t.s. grewal's double entry book keeping?
what is imprest system of petty cash book?
Explain how the cashbook with discount and bank column is affected with respect to Bills of Exchange.
Take help of the following transactions if needed-
Thank u so much!
Q. record the following tranctions in a suitable cash book of Mr. gupta and show the closing balances of cash and bana:
1. balance of cash Rs.50, bank Rs.3800
2. received from raman Rs. 900 and allowed him discount Rs. 50
3. sold goods for cash Rs.5000 and paid half the amount into bank
4. Paid salaries Rs. 2500 in cash
5. Recovered from the manager Rs. 200 being excess travelling allowances drawn by him
6. settled a debt of Rs.1200 by cheque receiving a discount of 5%
7. drew Rs. 500 from bank and paid a donation to the worker's club
8. discounted a 3 months maturity bill receivable for Rs.1000 at 6% discount
whatis the treatment of cheque endorsement in cash book????
Assets:Premises rs2,00,000; Delivery Van rs50,000; Fixtures rs5,000; Stock rs75,000
Debtors: Hariharan rs30,000;Rajan rs50,000; Cash at bank rs45,000; Cash in hand rs 15,000
Liabilities:Creditors:Jawahar rs1,00,000; Vikasrs45,000;Telephone Expenses Payable rs4,000; Expenses Payable rs5,000
April 1:Paid rent by cheque rs 5,000
April 2:Goods purchased on credit from prabhat rs15,000;Rajhans rs8,000; passi rs7,000
April 3:Goods sold on credit to rakesh rs17,000;Devender rs5,000;Lalit rs8,000;Vijay rs6,000
April 4:Paid the bill of petrol expenses for delivery van rs5,700
April 5:Cash drawings by rajesh Prabhu rs4,000
April 7:Paid salaries for Month of march,2012 rs7,000
April 9:Cash salesrs5,000
April 11:Goods returned by rakesh rs4,000;Vijay rs1,000
April 12:Recieved cheques from debtors Hariharan rs20,000;Rajan rs40,000
April 16:Goods returned to Prabhat rs4,000;Rajhans rs1,000
April 20:Cheques issued to Creditors:jawahar rs50,000: Vikas rs10,000
April 22 Recieved from Hariharan rs10,000;Rajan rs10,000;Rakesh rs10,000;Devender rs5,000;Cheques recived recieved from rakesh and devender are dated 15th may, 2012
April 24:Cheques from Rakesh and Devender were got discounted from bank paying interest @10%p.a
April 25 Recieved cash from Lalit in full settlement rs 7,800
Please provide Journal, Ledger, Trial Balance, Trading and profit and loss A/c, Balance Sheet and Conclusion????
What are special purpose subsidiary books?
treatment of reserve fund in trial balance whether debit or credit
JOURNAL ENTRY OF PURCHASE OF TIMBER
journal entry for
purchase goods for Rs60,000 and paid Rs2,000 for carriage
proper subsidiary books and post them to the ledger from the following
transactions for the month of February 2006:
sold to Sachin
from Kushal Traders
goods to Manish Traders
to Kushal Traders
from Kunal Traders
purchased from Tarun
to Kunal Traders
inwards from Mukesh
goods from Kirit & Co. for list price of
10% trade discount
to Shri Chand goods
5% trade discount
to Ramesh Brothers
outwards to Kirit and Co.
Ramesh Brothers returned goods Rs
Enter the following transaction in the Cash BOok with cash and bank columns:
June 1 Cash in Hand Rs 800 and Bank Overdraft Rs 5700
June 7 Receieved a cheque from Bharati Rs 3250
JUne 9 Deposited above cheque in the bank
June 12 Paid to bhavna by cheque Rs 2425
june 15 Bharti's cheque dishonored
June 20 withdrew from bank for office use Rs 250
june 25 Cheque received from Panna lal Rs 1200
june 28 Panna Lal's cheque was endorsed in favour of kamal
June 30 Income tax paid by cheque Rs 150
June 30 Bank Charges Rs 25
give journal entry for the below'
1.brokerage due rs.500
2.purchased cow for business rs.20000
double column cash book from the following transactions for the year December
goods for cash
cheque from Jasmeet
goods for cash
cheque deposited into bank
goods and paid by cheque
establishment expenses through bank
commission by cheque
cash for personal use
pass necessary journal entries for the following transactions
opening balance for cash in hand rs.20,000.cash at bank rs 30,000.bills receiable rs 40,000. ram's account(debit balance)rs.50,000.shyams account (credit balance)rs.20,000.outstanding expenses rs.20,000
is difference between trade discount and cash discount?
Will transactions having trade discount and cash discount be recorded in the double column cash book?why?
why contra enteries r not posted in the ledger ?
Journalise the following and prepare a double column cash book :
Oct,1 cash in hand = 1800
Overdraft at bank = 10000
Oct,5 discounted a bill of exchange at 1% through bank = 4000
Oct,6 Goods sold to Mr.Manish = 50000
Oct,10 Recieved two cheques from Amrita amounting Rs.5000. Which is crossed and other is bearer amounting = 3000
Oct,15 Bearer cheque of Amrita is endorsed to Mr.Nilesh in full settlement of Rs.3100
Oct,20 Crossed cheque of Amrita is returned dishonoured bu the bank. Also the bank has debited our account with Rs.50 for charges.
Oct,24 Recieved repayment of a loan of Rs.5000 and deposited Rs.3000 out it into bank.
Oct,28 Drawn from bank of personal expenses Rs.200 and for office use Rs.300
Oct,31 Banked all cash keeping a balance of Rs.400 only in hand.
what is a petty cash book? what are the rules for entering the transactions in it?
Prepare Double column Cash Book for the following transactions:
1) Dividend collected by bank- 1,200
(And please explain the meaning of 'Dividend' here.)
Enter the following transactions in the cash book with cash and bank column1st jan 2012-cash in hand-4000 cash at bank-120004th jan 2012-Sold goods for cash-132005th jan 2012-recieved from suresh-25006th jan 2012-recieved a cheque from ravi and immediatly depsited into bank-6400(please state the transaction for this)7th jan 2012-salaries paid by cheque10th jan 2012-paid sudhir by cheque-500012 jan 2012-paid for travelling expenses-120015th jan 2010-cash purchases16 jan 2012-cash deposited into bank-1000020th jan 2012-cash sales-15100 purchased machinery and payment made by cheque-680021 jan 2012-paid wages for installation of machinery-40022jan 2012-withdrew from bank for office use-750023rd jan 2012-recieved a cheque from anil and deposited it into bank-460027th jan 2012-anil's cheque dishonored by bank-460028 jan 2012-purchased typewriter and payment made by cheque-800030 jan 2012-paid salary-12031 jan 2012-paid into bank-1200
a double column cash book with the help of following information for December
business with cash
paid into bank
goods from Sushmita
goods to Dinker and received a cheque
to Sushmita cash
received on December 06, 2005 deposited into bank
goods to Rani
paid in cash
cash from Rani
Drew cash for personal use
is petty cash book? Write the advantages of petty cash book?
in Ts grewal chapter cash book page 9.43 question 15, very confused...we we record endorse and cheque received from panna lal in journal or cash book....On meritnation textbook solution, it records both in cash book...so confused?
the following transactions in double column cash book of M/s Ambica Traders for
business with cash
bank account with ICICI
office machine for cash
goods on credit from Rohan and received cheque
cheque deposited into bank
cartage by cheque
withdrawn for personal use
Paid rent by cheque
what is contra entry for cheque dishonour and office use ................plz reply urgently
the difference between return inwards and return outwards.
is contra entry? How can you deal this entry while preparing double
column cash book?
is the purpose of contra entry?
state how the cash book is both journal and a ledger?
QUE 1 pass the journal entries of M/s. Bhanu Traders.Post them to the Ledger from the following transactions:
what is the difference betweeen cash book and ledger entry of cash account
Define the purpose of maintaining subsidiary journal.
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