Question

Enter the following transactions in double column cash book of M/s Ambica Traders for July 2017:

		₹
01	Commenced business with cash	50,000
03	Opened bank account with ICICI	30,000
05	Purchased goods for cash	10,000
10	Purchased office machine for cash	5,000
15	Sales goods on credit from Rohan and received cheque	7,000
18	Cash sales	8,000
20	Rohan's cheque deposited into bank
22	Paid cartage by cheque	500
25	Cash withdrawn for personal use	2,000
30	Paid rent by cheque	1,000

Answer 1

Dr.	Books of M/s. Ambika Traders Cash Book								Cr.
Date	Particulars	L.F.	Cash Rs	Bank Rs	Date	Particulars	L.F.	Cash Rs	Bank Rs
2017					2017
Jul.01	To Capital A/c		50,000		Jul.03	By Bank A/c	C	30,000
Jul.03	To Cash A/c	C		30,000	Jul.05	By Purchases A/c		10,000
Jul.15	To Sales A/c		7,000		Jul.10	By Office  Machine A/c		5,000
Jul.18	To Sales A/c		8,000		Jul.20	By Bank A/c	C	7,000
Jul.20	To Cash A/c	C		7,000	Jul.22	By Cartage A/c			500
					Jul.25	By Drawings A/c		2,000
					Jul.30	By Rent A/c			1,000
					Jul.31	By Balance c/d		11,000	35,500
			65,000	37,000				65,000	37,000