Enter the following transactions in a simple cash book of Kunal. 2017 Jan. 1 Cash in Hand Rs. 11,200 Jan. 5 Re

Question 20 of 28

Q. Enter the following transactions in a simple cash book of Kunal. 2017 Jan. 1 Cash in Hand Rs. 11,200 Jan. 5 Received from Ramesh Rs. 300 Jan. 7 Paid Rent Rs. 30 Jan. 8 Sold goods for cash Rs. 300 Jan. 10 Paid Mohan Rs. 700 Jan. 27 Purchased furniture for cash Rs. 200 Jan. 31 Paid Salaries Rs. 100

Puducherry TnboardTamil Nadu HSC First Year (DGE) Commerce Board 2024Subjective· 3mImportance★★★★★

71% · 20/28 Questions

You're viewing a preview — the full solution, concept, methods & PYQ mapping are locked.

Debit receipts Rs. 11,800, credit payments Rs. 1,030, closing cash balance Rs. 10,770.

Only cash items enter a simple cash book: opening cash and receipts on the debit side, payments on the credit side.

Cash Book of Kunal (Single Column)

Dr (Receipts)	Rs.	Cr (Payments)	Rs.
Jan 1 To Balance b/d	11,200	Jan 7 By Rent A/c	30
Jan 5 To Ramesh A/c	300	Jan 10 By Mohan A/c	700
Jan 8 To Sales A/c	300	Jan 27 By Furniture A/c	200
		Jan 31 By Salaries A/c	100

Q.Enter the following transactions in a simple cash book of Kunal. 2017
Jan. 1 Cash in Hand Rs. 11,200
Jan. 5 Received from Ramesh Rs. 300
Jan. 7 Paid Rent Rs. 30
Jan. 8 Sold goods for cash Rs. 300
Jan. 10 Paid Mohan Rs. 700
Jan. 27 Purchased furniture for cash Rs. 200
Jan. 31 Paid Salaries Rs. 100