14. Compile a Two Column Cash Book from the following transactions of Kavita Garments:-
2023 | |
---|---|
Feb. 1 | Cash in hand ₹7,500; Cash at bank ₹8,000. |
3 | Received a cheque of ₹5,880 for cash sales. Cheque was immediately deposited into bank. |
5 | Received two cheques from Kalpna each of ₹10,000. |
6 | First cheque received from Kalpna is endorsed to Sunita in full settlement of ₹10,200. |
Second cheque is sent to bank for collection. | |
8 | Second cheque received from Kalpna is returned as dishonoured by the bank. |
The bank has debited our account with ₹20 as bank charges on this cheque. | |
10 | Received cheque from sale of old furniture ₹1,950. Next day, the cheque is endorsed to a creditor Ramesh in full settlement of ₹2,000 due to him. |
12 | Purchased goods from Mohan on Credit for ₹8,000. |
15 | Settled Mohan's account by giying a cheque for ₹4,000 and Cash ₹3,900. |
16 | Goods sold to Pawan for ₹6,000. He paid the amount in cash immediately after deducting 2½% cash discount. |
20 | Paid salary by cheque ₹5,000. |
25 | Cash sale to date ₹50,000 of which ₹40,000 banked. |
26 | Paid electric bill of ₹2,000 for January by cheque. Paid Rent for January ₹1,500. |
27 | Cash purchases ₹5,000, issued a cheque. |
28 | Deposited into bank cash retaining ₹7,500. |
D.K.Goel/2024 Edition/Practical Questions/Q-14
For full question, please refer to the text book Accountancy Class-XI by Mr. D.K.Goel published by Avichal Publishing Company