13From the following transactions, prepare three columnar cash book of ShriTarak Mehta:2020Sep. 1Opening cash balance ? 3500, Opening bank overdraft ? 6000.Goods of ? 2000 sold to Parag in cash at 10% cash discount.Goods of 4000 purchased from Dipak at 10% trade discountand 5% cash discount and the amount is paid by cheque.Goods of ? 7000 sold to Ami. Ami paid 40% amount by cashand the remaining amount is paid by cheque. Cheque isdeposited in the bank.Cheque of ? 6000 is received, which is issued by Gaurangtowards the payment of his old debt of 7 6050, which isdeposited in the bank.Salary of 7 2000 paid by NEFT and 7 5 paid for NEFT charge.{ 1500 paid for stationary expenses by cheque.1724681215{ 4100 deposited in the bank.As more funds are required in the business, personal vehicle of{ 10,000 sold for 8,000 and ? 7000 is brought in the business.7 6000 withdrawn from the bank for the payment of school feesof his daughter.2520237 500 paid for the shop rent.Bank debited 7 30 bank commission and 7 20 for SMS charges.7 5000 deposited in the bank account.2829 12. Prepare purchase book, sales book, purchase return book and sales returnbook in the books of Radha Krishna Stores from the following transaction:2020Purchase goods of ? 60,000 from Ramanuj at 10%trade discount. Bill No.120Purchase goods of 7 24,000 from Nirmi at 10% cash discout.Credit period 1 month. Bill No.130Sold goods of ? 30,000 to Suresh at 5% trade discount and 3%cash discount under Bill No.350Purchase goods of 10,000. Cash Memo no.58Suresh returned goods of ? 6,000. Credit note no.20 sent17Sep. 146111540% goods returned to Nirmi and debit noteno.17 sent.19Purchased furniture of 7000 from Shree Saraswati FurnitureMart.Purchased goods of ? 1,80,000 from Paresh. Half of the amountpaid immediately.All the goods purchased from Paresh sold to Hema for2,16,000. Credit one month . Trade discount 10%. Bill No.360Hema returned half of the goods which was sent to Paresh.Karan placed an order ? 60,000 at 10% trade discount forsupply of goods.2520212324Goods sent to Karan as per order. ? 1000 added for wages.Under bill no. 365.26Cash purchase ? 16,000 and cash sales 7 20,000.27Returned goods to Sweety of 20,000 which was purchased inAugust and sent debit note no.2030Karan returned half of the goods and proportionate amount ofwages was given credit.

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Description: 13From the following transactions, prepare three columnar cash book of ShriTarak Mehta:2020Sep. 1Opening cash balance ? 3500, Opening bank overdraft ? 6000.Goods of ? 2000 sold to Parag in cash at 10% cash discount.Goods of 4000 purchased from Dipak

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Business

Accounting

From the following transactions, prepare three columnar cash book of Shri Tarak Mehta:

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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