21. Enter the following transactions in a Cash Book with Cash and Bank Columns:
2023 | |
---|---|
March 1 | Cash in Hand ₹15,000; Bank ₹8,000. |
2 | Sold goods to X on credit for ₹10,000. |
5 | Sold goods for ₹20,000; received cheque from them, discount allowed 2½%. Cheque was deposited into bank on 7th March. |
10 | Purchased goods from Suresh on the terms of 5% Cash discount if the payment is made within 3 days ₹20,000. |
12 | Payment made to Suresh; half in Cash and half by cheque. |
14 | Received a Bank Draft for ₹6,820 from Siya Ram in full settlement of ₹7,000 due from him. Sent the draft to the Bank. |
16 | Settled Pawan's account of ₹5,000 at a discount of 5% |
17 | Goods worth ₹8,000 were purchased from Sunil on 5th March. Its payment was made today by cheque after deducting 5% cash discount. |
18 | Withdrawn from Bank ₹20,000 and Furniture was purchased for ₹15,000; the balance taken by the proprietor. |
20 | Received a cheque from Ravi for ₹2,850 in settlement after deducting 5%. Endorsed the cheque to Gopal on 22nd March. |
22 | Placed an order with 'Jai Traders' for goods of the value of ₹10,000 and sent a cheque of ₹8,000 with the order. |
23 | Purchased furniture by cheque of ₹6,000. |
24 | Cash sales ₹15,000; half of which deposited into bank. |
25 | X settled his account by payment of ₹10,150; ₹150 being the interest charged. |
27 | Paid rent to Landlord 'Rakesh' by cheque ₹2,000. |
28 | Cashed a cheque for ₹10,000 and paid salaries in cash ₹8,000. |
31 | Deposited into bank, balance of cash in excess of ₹5,000. |
D.K.Goel/2024 Edition/Practical Questions/Q-21
For full question, please refer to the text book Accountancy Class-XI by Mr. D.K.Goel published by Avichal Publishing Company