Question

Record the following transactions in the Cash Book of M/s Kamal Traders. Balance for the month of July 2018: Cash in hand ₹ 2,000 and balance in Bank Current account ₹ 8,000.

July 2018		Amt (₹)
03	Cash Sales	2,300
05	Purchased goods and amount paid by cheque	6,000
08	Cash Sales	10,000
12	Paid General Expenses	700
15	Sold goods and amount received by Cheque and deposited into Bank	20,000
18	Purchased Motor Car paid by Cheque	15,000
20	Cheque received from Mrunal deposited into Bank	10,000
22	Cash Sales	7,000
25	Mrunal’s cheque returned dishonoured
28	Paid Rent	2,000
29	Paid Telephone expenses by cheque	500
31	Cash is withdrawn from Bank for personal use	2,000

Answer 1

In the books of M/s Kamal Traders
Dr.	Cash Book										Cr.
Date	Receipts	R. No.	LF No.	Cash ₹	Bank ₹	Date	Payments	V. No.	LF No.	Cash ₹	Bank ₹
2018 July 1	To Balance b/d			2,000	8,000	2018
3	To Sales A/c (Being goods sold for cash)			2,300	-	July 5	By Purchases A/c (Being goods purchased and amount paid by cheque)			-	6,000
8	To Sales A/c (Being goods sold for cash)			10,000	-	12	By General expense A/c (Being general expenses paid)			700	-
15	To Sales A/c (Being goods sold and amt. received by cheque)			-	20,000	18	By Motor car A/c (Being purchase of Motor car)			-	15,000
20	To Mrunal A/c (Being cheque received from Mrunal)				10,000	25	By Mrunal A/c (Being dishonour of Mrunal's cheque)			-	10,000
22	To Sales A/c (Being goods sold for cash)			7,000		28	By Rent A/c (Being rent paid)			2,000	-
						29	By Telephone charges A/c (Being Telephone expenses paid by cheque)			-	500
						31	By Drawings A/c (Beings cash withdrawn for personal use)				2,000
						31	By Balance c/d			18,600	4,500
				21,300	38,000					21,300	38,000
Aug. 1	To Balance b/d			18,600	4,500