Prepare cash book 2002Rs.March 1 Balance of cash in hand15,0004 Received from Kanna10,0007 Purchased goods for cash17,00011 Cash Sales18,00015 Deposited into Bank3,00018 Bought furniture for cash4,00022 Paid Salaries1,50025 Withdrew from Bank2,50027 Cash Sales14,00030 Paid to Ram8,00031 Rent paid1,000

Cash book is the statement that records the cash payments and receipts of an entity.

2002 Rs. March 1 Balance of cash in hand 15,000 4 Received from Kanna 10,000 7 Purchased goods for cash 11 Cash Sales 15 Deposited into Bank 17,000 18,000 3,000 18 Bought furniture for cash 4,000 22 Paid Salaries 1,500 25 Withdrew from Bank 2,500 27 Cash Sales 14,000 30 Paid to Ram 8,000 31 Rent paid 1,000

2002 Rs. March 1 Balance of cash in hand 15,000 4 Received from Kanna 10,000 7 Purchased goods for cash 11 Cash Sales 15 Deposited into Bank 17,000 18,000 3,000 18 Bought furniture for cash 4,000 22 Paid Salaries 1,500 25 Withdrew from Bank 2,500 27 Cash Sales 14,000 30 Paid to Ram 8,000 31 Rent paid 1,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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