(a) Enter the following transactions in a single column cash book of Ramalingam for month of July, 2017.

| Date | Particulars | ₹ |
| --- | --- | --- |
| July 1 | Cash in hand | 32,000 |
| July 5 | Cash received from Keerthana | 5,000 |
| July 6 | Paid packing charges in cash |

Question

(a) Enter the following transactions in a single column cash book of Ramalingam for month of July, 2017.

| Date | Particulars | ₹ |
| --- | --- | --- |
| July 1 | Cash in hand | 32,000 |
| July 5 | Cash received from Keerthana | 5,000 |
| July 6 | Paid packing charges in cash | 300 |
| July 7 | Cash purchases | 12,400 |
| July 8 | Sold goods for cash | 2,600 |
| July 10 | Paid salary to manager in cash | 7,000 |
| July 11 | Paid to Bala by cash | 3,000 |
| July 12 | Purchased goods from Bose on credit | 2,500 |
| July 24 | Cash deposited into Bank through CDM | 4,000 |
| July 27 | Withdrew cash from Bank | 2,000 |
| July 31 | Paid office rent in cash | 6,000 |

OR

(b) Distinguish between Journal and Ledger.

Accepted Answer

>

> [!TLDR]
> (a) Single column cash book of Ramalingam closes with a cash balance of ₹8,900 (credit purchase from Bose excluded). (b) Journal vs Ledger distinguished.
>
> ## (a) Single Column Cash Book of Ramalingam — July 2017
>
> | Date | Receipts (Dr) | ₹ | Date | Payments (Cr) | ₹ |
> | --- | --- | --- | --- | --- | --- |
> | July 1 | To Balance b/d | 32,000 | July 6 | By Packing charges A/c | 300 |
> | July 5 | To Keerthana A/c | 5,000 | July 7 | By Purchases A/c | 12,400 |
> | July 8 | To Sales A/c | 2,600 | July 10 | By Salary A/c | 7,000 |
> | July 27 | To Bank A/c | 2,000 | July 11 | By Bala A/c | 3,000 |
> | | | | July 24 | By Bank A/c | 4,000 |
> | | | | July 31 | By Rent A/c | 6,000 |
> | | | | July 31 | By Balance c/d | 8,900 |
> | | **Total** | **41,600** | | **Total** | **41,600** |
>
> Working: Receipts = 32,000 + 5,000 + 2,600 + 2,000 = ₹41,600. Payments = 300 + 12,400 + 7,000 + 3,000 + 4,000 + 6,000 = ₹32,700. Balance c/d = 41,600 − 32,700 = ₹8,900. (The 12 July credit purchase of ₹2,500 from Bose does not involve cash, so it is not entered here.)
>
> ## (b) Journal vs Ledger
>
> | Basis | Journal | Ledger |
> | --- | --- | --- |
> | Meaning | Book of original/prime entry | Book of final entry |
> | Order of recording | Transactions recorded in date (chronological) order | Transactions classified account-wise |
> | Basis of entry | Transactions recorded from source documents | Entries posted from the journal | …

Date	Particulars	₹
July 1	Cash in hand	32,000
July 5	Cash received from Keerthana	5,000
July 6	Paid packing charges in cash	300
July 7	Cash purchases	12,400
July 8	Sold goods for cash	2,600
July 10	Paid salary to manager in cash	7,000
July 11	Paid to Bala by cash	3,000
July 12	Purchased goods from Bose on credit	2,500
July 24	Cash deposited into Bank through CDM	4,000
July 27	Withdrew cash from Bank	2,000
July 31	Paid office rent in cash	6,000

Date	Receipts (Dr)	₹	Date	Payments (Cr)	₹
July 1	To Balance b/d	32,000	July 6	By Packing charges A/c	300
July 5	To Keerthana A/c	5,000	July 7	By Purchases A/c	12,400
July 8	To Sales A/c	2,600	July 10	By Salary A/c	7,000
July 27	To Bank A/c	2,000	July 11	By Bala A/c	3,000
			July 24	By Bank A/c	4,000
			July 31	By Rent A/c	6,000
			July 31	By Balance c/d	8,900
	Total	41,600		Total	41,600

Basis	Journal	Ledger
Meaning	Book of original/prime entry	Book of final entry
Order of recording	Transactions recorded in date (chronological) order	Transactions classified account-wise
Basis of entry	Transactions recorded from source documents	Entries posted from the journal

(a) Single Column Cash Book of Ramalingam — July 2017

(b) Journal vs Ledger

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