Illustrations · Q1
Q.From the following transactions of Kavya Traders for July 2026, prepare the Single Column Cash Book and find the closing balance:
July 1 — Cash in hand ₹6,000.
July 4 — Cash sales ₹12,000.
July 9 — Cash purchases ₹7,000.
July 15 — Received cash from Mala ₹3,000.
July 22 — Paid salaries in cash ₹4,500.
July 28 — Paid rent in cash ₹1,200.
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Single Column Cash Book of Kavya Traders — July 2026
| Dr | Date | Particulars | Amount (₹) | Cr | Date | Particulars | Amount (₹) |
|---|---|---|---|---|---|---|---|
| Jul 1 | To Balance b/d | 6,000 | Jul 9 | By Purchases A/c | 7,000 | ||
| Jul 4 | To Sales A/c | 12,000 | Jul 22 | By Salaries A/c | 4,500 | ||
| Jul 15 | To Mala's A/c | 3,000 | Jul 28 | By Rent A/c | 1,200 | ||
| Jul 31 | By Balance c/d | 8,300 | |||||
| Total | 21,000 | Total | 21,000 |
Working: Total receipts = 6,000 + 12,000 + 3,000 = ₹21,000. Total payments = 7,000 + 4,500 + 1,200 = ₹12,700. Closing balance = 21,000 − 12,700 = ₹8,300, carried down as the opening balance for August.
✓Final answer
Closing cash-in-hand at 31 July = ₹8,300.
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