Question

Prepare a two-column Cash Book with the help of the following information for January 2018.

January 2018		Amt (₹)
01	Started business with cash	1,20,000
03	Cash paid into Bank of Baroda	50,000
05	Purchased goods from Sakshi on credit	20,000
06	Sold goods to Divakar and received a bearer cheque	20,000
10	Paid to Sakshi cash	20,000
14	Cheque received on December 06, 2018, deposited into Bank
18	Sold goods to Shivaji on credit	12,000
20	Cartage paid in cash	500
22	Received cash from Shivaji	12,000
27	Commission received	5,000
30	Drew cash for personal use	2,000

Answer 1

	In the books of ____________
Dr.	Cash Book										Cr.
Date	Receipts	R. No.	LF No.	Cash ₹	Bank ₹	Date	Payments	v. No.	LF No.	Cash ₹	Bank &
2019 Jan. 1	To Capital A/c (Being business started with cash)			1,20,000		2019 Jan. 3	By Bank A/c (Being cash deposited into Bank of Baroda)		c	50,000	- -
3	To Cash A/c (Being cash deposited into Bank of Baroda)		c	-	50,000	10	By Sakshi A/c (Being cash paid to Sakshi)			20,000	- -
6	To Sales A/c (Being goods sold and bearer cheque received)			20,000	-	14	By Bank A/c (Being bearer cheque received from Divakar deposited into bank)	c		20,000	- -
14	To Cash A/c (Being bearer cheque received from Divakar)		c	-	20,000	20	By Cartage A/c (Being cartage paid)			500	- -
	deposited into bank)
22	To Shivaji A/c (Being cash received from Shivaji)			12,000	-	30	By Drawings A/c (Being cash withdrawn for personal use)			2,000	- -
27	To Commission A/c (Being commission received)			5,000	-	31	By Balance c/d			64,500	70,000
				1,57,000	70,000					1,57,000	70,000
Feb. 1	To Balance b/d			64,500	70,000