Record the following transaction in simple cash book for November 2020: 01 Cash in hand 12,500 04 Cash paid to Hari 600 07 Purchased goods 800 12 Cash received from Amit 1,960 16 Sold goods for cash 800 20 Paid to Manish 590 25 Paid cartage 100 30 Paid salary 1,000
Record the following transaction in simple cash book for November 2020: 01 Cash in hand 12,500 04 Cash paid to Hari 600 07 Purchased goods 800 12 Cash received from Amit 1,960 16 Sold goods for cash 800 20 Paid to Manish 590 25 Paid cartage 100 30 Paid salary 1,000
Record the following transaction in simple cash book for November 2020: 01 Cash in hand 12,500 04 Cash paid to Hari 600 07 Purchased goods 800 12 Cash received from Amit 1,960 16 Sold goods for cash 800 20 Paid to Manish 590 25 Paid cartage 100 30 Paid salary 1,000
Record the following transaction in simple cash book for November 2020:
01
Cash in hand
12,500
04
Cash paid to Hari
600
07
Purchased goods
800
12
Cash received from Amit
1,960
16
Sold goods for cash
800
20
Paid to Manish
590
25
Paid cartage
100
30
Paid salary
1,000
Definition Definition Financial journal in which only cash-related transactions are recorded. Cash transactions are posted chronologically in the cash book, which is also called a subsidiary book. All the cash receipts are recorded on the debit side and all the cash payments are recorded on the credit side. An important point to remember is that the cash book never shows a credit balance; only a debit balance is shown in the cash book.
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