Request a call back

Join NOW to get access to exclusive study material for best results

CBSE Class 11-commerce Answered

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 | 08 Jul, 2016, 09:51: AM
answered-by-expert 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 | 08 Jul, 2016, 11:51: AM
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 01 Jul, 2016, 03:14: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 08 Jul, 2016, 09:51: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 08 Jul, 2016, 09:51: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 08 Jul, 2016, 09:51: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 08 Jul, 2016, 09:51: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 08 Jul, 2016, 09:51: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 08 Jul, 2016, 09:51: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Topperlearning User | 08 Jul, 2016, 09:51: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT