Business, 20.08.2020 21:01 fr996060

Prepare a Two-column Cash Book of Tarun, Kanpur from the following transaction: 2018 April 1. Cash in Hand, Rs.1,200; Overdraft at Bank Rs.15,000. April3. Capital introduced Rs.20,000 out of which Rs.16,000 is by cheque and is deposited into bank. April4. Purchased goods from Shyam Traders, Lucknow for Rs.3,000 each and they allowed Trade Discount Rs.200. The amount was paid by cheque. April5. Sold good to Mohan on credit Rs.5,000. April6. Received cheque from Rakesh Rs.2,450. Allowed him discount Rs.50. April10. Cheque received from Rakesh deposited into bank. April11. Settled account of Tej Printers Rs.750 by paying cash Rs.680. April12. Cash received from Mohan Rs.4,570 in full settlement of his account of Rs.5,000. April16. An amount of Rs.1,000 due from Gupta Brothers written off as bad debts in the previous year, now received. April17. Received from Murali on behalf of Manohar Rs.200 April19. Received a cheque for Rs.800 from Mukesh, which was endorsed to Nitin. April20. Sale of old furniture for Rs.700, payment received in cash. April25. Withdrawn from Bank Rs, 3,000 April25. Drew from Bank for household expenses Rs.1,000 and for income tax rs.500. April28 Sundera who owed Rs.400 became bankrupt and paid 60 paise in a rupee. April28. Received payment of a loan advanced to Ram Rs.3,000 and deposited out of it Rs.2,500 into the bank. April30. Interest debited by bank Rs.375. April30. Deposited with the bank the entire balance after retaining Rs.2,000 at office.

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Prepare a Two-column Cash Book of Tarun, Kanpur from the following transaction: 2018 April 1. Cash i...

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