4. Enter the following transactions in a Double Column Cash Book and Journal Proper and post them into Ledger:
| 2023 | |
|---|---|
| May 1 | Balance of Cash in Hand ₹12,400 and Bank Overdraft ₹36,000. |
| 3 | Direct deposit by Mr. Ganesh in our bank account ₹10,000. Discount allowed ₹200. |
| 5 | Issued a cheque of ₹7,700 to Mr. Suresh in full settlement of his account of ₹8,000. |
| 6 | Received a cheque from X for ₹12,000. Discount allowed ₹500. This cheque was deposited into bank on 7th May. |
| 8 | Received Cash ₹22,000 and cheque of ₹8,000 for cash sale. |
| 12 | Cash sale ₹70,000 of which ₹55,000 banked. |
| 15 | Cheque received on 8th May endorsed to Mr. Sunil. Discount received ₹150. |
| 20 | Discounted a B/R of ₹10,000 at 1% through bank. |
| 24 | Cheque received from X dishonoured, Bank debits ₹20 in respect of bank charges. |
| 25 | Purchased goods for ₹50,000 at a trade discount of 10%. Payment was made in cash. |
| 26 | Withdrew from bank ₹10,000 for office use and ₹2,000 for personal use. |
| 31 | Interest debited by Bank ₹4,500. |
D.K.Goel/2024 Edition/Practical Questions/Q-04
For full question, please refer to the text book Accountancy Class-XI by Mr. D.K.Goel published by Avichal Publishing Company