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

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