Query

680 views 2 replies

Hi,

During January 2011, hardik transacted the following business : Prepare a cash book for the above period.

(1) commenced business with cash  40000/-

(2) purchased good on credit from shyam 30000/-

(3) Purchased good for cash1000/-

(4) paid gopalan an advance for goods ordered2000/-

(5) received cash from murthy as advance for goods ordered by him  3000/-

(6) purchased furniture for office use for cash 2000/-

(7) Paid wages 500/-

(8) received commission (in cash )600/-

(9) goods returned to shyam 200/-

(10) Good sold to komal 10000/-

(11) Paid for postage and telegrams 200/-

(13) Goods returned by komal500/-

(15) Paid for stationery200/-

(18) paid into bank 500/-

(20) goods sold for cash 750/-

(22) bought goods for cash1000/-

(25) paid salaries700/-

(28) paid rent500/-

(31) drew cash for personal use 1000/-

 

 

 

 

 

Replies (2)

bal. at the end is Rs. 36750/-

Cash A/c

RECEIPTS

 

To Capital

      Advance from Murthy

      Commission

      Sales (cash)

Amount

 

40000

3000

600

750

PAYMENT

 

By Purchase(cash)

      Advance to gopalan

      Furniture

       Wages

      Postage and telegram

       Stationery

       Bank

       Purchases

       Salary

       Rent

       Drawings

 

 

By bal c/d

Amount

 

1000

2000

2000

500

200

200

500

1000

700

500

1000

 

 

34750

 

44350

 

44350

The sale made to Komal is assumed to be on credit.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Topics
Loading
Company
ARTICLESHIP 08 July 2026
Articles

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
06 July 2026
C.A./CA Inter OR pursuing C.A./GST/Accounts/Audit/IT - Head

Arvindkumar Maniar & Co.

Rajkot

CA

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details