Question

Prepare double column cash book from the following transactions for the year August 2017:

		₹
01	Cash in hand	17,500
	Cash at bank	5,000
03	Purchased goods for cash	3,000
05	Received cheque from Jasmeet	10,000
08	Sold goods for cash	7,000
10	Jasmeet's cheque deposited into bank
12	Purchased goods and paid by cheque	20,000
15	Paid establishment expenses through bank	1,000
18	Cash sales	7,000
20	Deposited into bank	10,000
24	Paid trade expenses	500
27	Received commission by cheque	6,000
29	Paid Rent	2,000
30	Withdrew cash for personal use	1,200
31	Salary paid	6,000

Answer 1

Dr.	Cash Bank								Cr.
Date	Particulars	L.F.	Cash Rs	Bank Rs	Date	Particulars	L.F.	Cash Rs	Bank Rs
2017					2017
Aug.01	Balance b/d		17,500	5,000	Aug.03	Purchases		3,000
Aug.05	Jasmeet		10,000		Aug.10	Bank	C	10,000
Aug.08	Sales		7,000		Aug.12	Purchases			20,000
Aug.10	Cash	C		10,000		Establishment
Aug.18	Sales		7,000		Aug.15	Expenses			1,000
Aug.20	Cash	C		10,000	Aug.20	Bank Trade	C	10,000
Aug.27	Commission			6,000	Aug.24	Expenses		500
					Aug.29	Rent		2,000
					Aug.30	Drawings		1,200
					Aug.31	Salaries		6,000
					Aug.31	Balance c/d		8,800	10,000
			41,500	31,000				41,500	31,000