Page 111 - DCOM101_FINANCIAL_ACCOUNTING_I

Unit 9: Cash Book

5. Enter the following transactions in Analytical petty Cash Book: Notes

2006 `
Jan. 1 Received cheque from head cashier 100.00
Jan. 2 Paid for postage and telegram 15.00
Jan. 3 Stationery purchased 5.00
Jan. 14 Paid for cartage 8.00
Jan. 18 Paid for travelling 7.00
Jan. 27 Tea for guests 6.00
Jan. 29 Office cleaning charges 12.00

Jan. 30 Paid for carriage 4.00
Jan. 31 Telegram charges 8.00
6. Record the following transactions in the Bank column Cash Book of M/s Time Zone for the
month of January 2006.

Date Details Amount (`)
2006
January 01 Bank Balance 32,500
01 Cash Balance 12,300
03 Purchased Goods by cheque 5,300
08 Goods Sold for cash 9,500
10 Purchased Typewriter by Cheque 5,400
15 Sold Goods and received Cheque 7,900
(deposited on the same day)
17 Purchased Stationery by Cheque 1,000
20 Cash deposited into bank 10,000
22 Paid Cartage 500
24 Cheque given to Mudit 7,000
28 Rent paid by Cheque 3,000
30 Paid Salary 3,500
7. Prepare a triple column cash book from the following transactions:

2003
July 1 Opening balance—cash ` 26,000; Bank ` 57,200.
July 2 Cash purchases ` 15,000
July 4 Purchase of goods by cheque—gross value ` 46,000 less trade discount 2%.

July 5 Cash sales ` 36,000.
July 7 Cheque received from customers of ` 76,500 in full settlement of dues of
` 77,000.
July 10 Cash withdrawn ` 10,000.

July 15 Payment made to supplier by cheque ` 54,500, got 1% cash discount.
July 20 Cheque received from a customer in June 2003 of ` 75,000 was dishonoured.
July 25 Cash deposited ` 5,600.
July 31 Salary paid ` 10,000 by cash.

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