Required: Triple column casi
Ans: Balance: Cash Rs. 19,000; Bank Rs. 16,000
The following cas...
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Mathematics, 25.03.2021 14:50 imthebestatcod
Required: Triple column casi
Ans: Balance: Cash Rs. 19,000; Bank Rs. 16,000
The following cash and banking transactions are given:
1 Asadh Balance of cash Rs. 17,500 and bank overdraft Rs. 22,900.
4 Asadh Purchased goods from Naresh for Rs. 9,000 and paid cash of Rs. 4,000 only as part
payment.
10 Asadh Cash deposited into bank Rs. 5,000.
12 Asadh Sold goods for Rs. 20,000 and received cash Rs. 12,000 and cheques of Rs. 7,800
in the settlement of account.
16 Asadh Paid wages of Rs. 3,000 in cash and salary of Rs. 5,000 by cheque.
19 Asadh Received commission of Rs. 2,500.
22 Asadh Paid to Naresh by cheque with 10% discount in full settlement.
25 Asadh Cash withdrawn from bank Rs. 5,000 for domestic use and Rs. 2,000 for office use.
28 Asadh Received cheque from Shanker of Rs. 18,000 after deducting 10% discount.
Required: Triple column cash book
Ans: Balance: Cash Rs. 22,000; Bank (Rs. 8,600)
lournal Entries, T-Accounts and Trial Balance
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