Page 99 - DMGT104_FINANCIAL_ACCOUNTING

2010 ( )
June 1 Cash in hand 7,850
June 2 Cash Purchases 2300
Unit 6: Subsidiary Books
June 3 Cash Sales 6,250
June 4 Wages paid in cash 25
June 6 Cash paid to Ram 1,220
June 7 Cash Received from Mohan 2260 Notes
June 8 Paid to a creditor in full Settlement of his account Amounting to 4500 4,410
June 9 Paid cartage 15
June 10 Issued a cheque to a creditor 11,500
June 11 Goods purchased from Arun on credit 2,750
June 14 Cash Sales 2,670
June 15 Goods sold to Amit on credit 6,500
June 17 Cash Sales of 7500 of which 5700 were deposited in bank
June 18 Received a cheque from Amit and deposited in a bank 2,500
June 24 Rent paid 500
June 29 Electricity paid 1,210
June 30 Cash purchases 2,450

Solution:
Cash Book
Dr. Cr.
Date Particulars L.F. ( ) Date Particulars L.F. ( )
2010 2010
June 1 To Balance b/d 7,850 June 2 By Purchases a/c 2,300
June 3 To Sales a/c 6,250 June 4 By Wages a/c 25
June 7 To Mohan’s a/c 2,260 June 6 By Ram’s a/c 1,220
June 14 To Sales a/c 2,670 June 8 By Creditor’s a/c 4,410
June 17 To Sales a/c 7,500 June 9 By Cartage 15
June 18 To Amit a/c 2,500 June 17 By Bank a/c 5,700
June 18 By Bank a/c 2,500
June 24 By Rent a/c 500
June 29 By Electricity a/c 1,210
June 30 By Purchases a/c 2,450
June 30 By Balance c/d 8,700
29,030 29,030
July 1 To Balance b/d 8,700

Notes
1. Cheque issued on June 10 to a creditor is not recorded in the Cash Book.
2. Goods purchased from Arun on June 11 is also not recorded as per rule no credit
transaction is recorded.
3. Similarly goods sold to Amit on credit is also not recorded.
4. Cheque received from a debtor is recorded treating it as cash received as it is banked
immediately.

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