PaAICulursApril IZUCK Startedbusi nessWHhandacushRm 20000KM 40,000inbank.4He bought secunahand renicle for RM 25,060 on (redit12Hepuid rentkm 3000inCheque15Purchase goodsCredifRM 700 from samon18Sold gordceditto Alya (Rm500)infuy Paid utilHty bilBought20RM 250In Cash22cumputer(RM 4000)I puy km 2o00 in Cush undRm d000oncredit25SetfleSummoneykm 250029Pay ralaryChequeinRequirement) Journal aman dKhasLedijer1)Inai balanie

Accounts are maintained from daily transactions.

PAAICulurs April 1 ZUCK Started a busi ness WHh cush Rm 200 00 and RM 40,000 in bank. 4 He bought secundhanu venicle for Rm 25, 060 on (redit 12 He paid rent km 3000 in Cheque 15 Purchase goods on credif RM 700 from sam 18 Sold gold in aedit to Alyu (Rm 500) fay Puid utilty bil In Cash 20 RM 250 22 (RM 4000), puy Rm 2o0u 1n Cush und on Credit. money Rm d000 25 Setfle Sum 29 Pay falary km 2500 in cheque Requirement ) Journal am and Khas ) Lediger 1) 1nai balanie

PAAICulurs April 1 ZUCK Started a busi ness WHh cush Rm 200 00 and RM 40,000 in bank. 4 He bought secundhanu venicle for Rm 25, 060 on (redit 12 He paid rent km 3000 in Cheque 15 Purchase goods on credif RM 700 from sam 18 Sold gold in aedit to Alyu (Rm 500) fay Puid utilty bil In Cash 20 RM 250 22 (RM 4000), puy Rm 2o0u 1n Cush und on Credit. money Rm d000 25 Setfle Sum 29 Pay falary km 2500 in cheque Requirement ) Journal am and Khas ) Lediger 1) 1nai balanie

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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9:07 THREE COLUMN CASH BOOK 1. Enter the following transactions in the Three Column Cash Book of M/s. Shreelekha & Co. 2018 May 1 Cash in hand 1,134 "1 Cash at bank 25,350 "2 Deposited into bank 1,000 " 4 Received from Ram Lal 1,580 and discount allowed 20 " 8 Purchased furniture for cash 500 " 11 Paid to Jai Kishan by cheque 1,490 received discount 10 " 15 Received from Gopal by cheque 1,000 " 16 Cash sales 1,570 " 20 Deposited into bank 2,000 " 21 Purchased an old motor car for office and paid by cheque 10,480 " 22 Paid by cheque to Ranganath 734 and received discount 6 " 24 Withdrew from bank for office use 500 " 27 Purchased goods for cash 600 " 28 Withdrew from bank for personal use 1,000 " 31 Paid establishment expenses through bank 900 (Answer: Discount allowed Rs. 20; Discount Received Rs. 16; Cash Balance Rs. 684; Bank Balance Ps. 14,246.) aheadonline.amrita.edu
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