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Record the following transactions in a simple cash book of Mr. Rohit for the month March 2016.

1: Started business with cash Rs. 65,000.

4: Opened a current account with bank and deposited Rs. 30,000.

7: Purchased goods for cash Rs. 25,000.

9: Paid electricity bill Rs. 4000

12: Invested in government bonds Rs. 1,000.

17: Sold goods for cash Rs. 5,000.

20: Paid life insurance premium of Mr.Rohit Rs. 3,600.

22: Purchased goods for cash Rs. 7,000 @ 10% trade discount.

23: Received dividend Rs. 8,000.

26: Paid transportation Rs. 1,060.

27: Received on account from Akshay Rs. 4,240.

30: Deposited into bank cash in excess of Rs. 6,000.

 

Asked by Topperlearning User 8th July 2016, 9:51 AM
Answered by Expert
Answer:

In the Books of Mr. Rohit 

Cash Book(Simple)

 

Dr. 

 

 

 

 

 

 

 

 

Cr.

Date

Particulars

V. No.

L.F.

Cash

Rs. 

Date

Particulars

V. No.

L.F.

Cash

Rs. 

2016

 

 

 

 

2016

 

 

 

 

Mar 1

To Capital A/c

 

 

65,000

Mar 4

By Bank A/c

 

 

 30,000

Mar 17

To Sales A/c

 

 

 5,000

Mar 7

By Purchases A/c

 

 

 25,000

Mar 23

To Dividend A/c

 

 

 8,000

Mar 9

By Electricity Expenses A/c

 

 

 4,000

Mar 27

To Akshay A/c

 

 

 4,240

Mar 12

By Government Bonds A/c

 

 

 1,000

 

 

 

 

 

Mar 20

By Drawings A/c

 

 

 3,600

 

 

 

 

 

Mar 22

By Purchases A/c

(WN 1)

 

 

 6,300

 

 

 

 

 

Mar 26

By Transportation A/c

 

 

 1,060

 

 

 

 

Answered by Expert 8th July 2016, 11:51 AM
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