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The cash book summarizes all cash and bank transactions from May 1, 2016 to June 1, 2016, with an opening balance brought down of ₹16,300 on June 1. Total receipts were ₹41,900 and total payments were also ₹41,900. The second cash book summarizes all cash and bank transactions from January 1, 2014 to January 31, 2014. The opening cash balance brought down was ₹50,000 and the opening bank balance brought down was ₹1,90,000. Total receipts in cash were ₹64,780 and total receipts in bank were ₹2,87,070. Total payments in

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39 views

Assignment Solutions

The cash book summarizes all cash and bank transactions from May 1, 2016 to June 1, 2016, with an opening balance brought down of ₹16,300 on June 1. Total receipts were ₹41,900 and total payments were also ₹41,900. The second cash book summarizes all cash and bank transactions from January 1, 2014 to January 31, 2014. The opening cash balance brought down was ₹50,000 and the opening bank balance brought down was ₹1,90,000. Total receipts in cash were ₹64,780 and total receipts in bank were ₹2,87,070. Total payments in

Uploaded by

Danny Kd
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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QUESTION 1

Cash Book
Dr. Cr.
Date Particulars L.F. Cash Date Particulars L.F. Cash
2016 2016
May 01 Capital A/c 25,000 May 03 Purchases A/c 10,000
May 04 Sales A/c 6,000 May 03 Carriage A/c 200
May 10 Ram 1,000 May 12 Shiv Kumar 2,600
May 15 Sales A/c 8,400 May 18 Furniture A/c 5,000
May 27 Commission A/c 1,500 May 20 Advertisement A/c 500
May 24 Mahesh 4,000
May 25 Wages A/c 400
May 28 Drawings A/c 2,200
May 31 Salary A/c 700
May 31 Balance c/d 16,300
41,900 41,900
June 01 Balance b/d 16,300

QUESTION 2

Cash Book
Dr. Cr.
Cash Bank Cash Bank
Date Particulars L.F. (₹) Date Particulars L.F. (₹)
(₹) (₹)
2014 2014
Jan Balance b/d 50,000 Jan Balance b/d 1,90,000
01 01
Jan 80,000 Jan Purchases A/c 47,500
Sales A/c
06 02
Jan 1,77,000 Jan Purchases A/c 19,800
Furniture A/c
15 10
Jan 14,780 Jan Salaries A/c 4,500
Jai A/c
22 18
Jan 30,070 Jan Ram A/c 1,910
Cash A/c
31 21
Jan Drawings A/c 1,500
23
Jan Bank A/c 30,070
31
Jan Balance c/d 7,000 49,570
31
64,780 2,87,070 64,780 2,87,070
QUESTION 3
Purchases Book
Date Name of Supplier Inward Invoice No. L.F Amount

1/1/15 M/s Adams 6,000

7/1/15 M/s Vinod Bros. (4000 - 5% TD) 3,800

12/1/15 James (3500 - 10% TD) 3,150

12,950

Sales Book
Date Name of Customer Outward Invoice No. L.F Amount

5/1/15 M/s Kumar 2,000

17/1/15 M/s Rose (2500 - 5% TD) 2,375

30/1/15 M/s Neema 4,500

8,875

Return Inwards Book


Date Name of Customer Credit Note No. L.F Amount

25/1/15 M/s Kumar 500

500

Return Outwards Book


Date Name of Supplier Debit Note No. L.F Amount

22/1/15 M/s Vinod Bros.(500 - 5% TD) 475

27/1/15 M/s Adam 200

675

Dr. Cash Book Cr.


Date Particulars L.F. Amount Date Particulars L.F. Amount

9/1/15 To Sales A/c 500 31/1/15 By Balance c/d 5,000

(Being cash sales)

30/1/15 To Sales A/c 4,500

(Being cash sales)

5,000 5,000

1/2/15 To Balance b/d 5,000


Dr. Purchases Account Cr.
Date Particulars L.F. Amount Date Particulars L.F. Amount

31/1/15 To Sundries as per purchases book 12,950

31/1/15 By Balance c/d 12,950

1/2/15 To Balance b/d 12,950 12,950

Dr. Sales Account Cr.


Date Particulars L.F. Amount Date Particulars L.F. Amount

31/1/15 To Balance c/d 13,875 9/1/15 By Cash A/c 500

30/1/15 By Cash A/c 4,500

31/1/15 By Sundries as per Sales Book 8,875

13,875 13,875

1/2/15 By Balance b/d 13,875

Dr. Return Inwards Account Cr.


Date Particulars L.F. Amount Date Particulars L.F. Amount

31/1/15 To Sundries as per return inwards book 500 31/1/15 By Balance c/d 500

500 500

1/2/15 To Balance b/d 500

Dr. Return Outwards Account Cr.


Date Particulars L.F. Amount Date Particulars L.F. Amount

31/1/15 To Balance c/d 675 31/1/15 By Sundries as per return outwards book 675

675 675

1/2/15 By Balance b/d 675

Dr. M/s Adams Account Cr.


Date Particulars L.F. Amount Date Particulars L.F. Amount

27/1/15 To Return Outwards A/c 200 1/1/15 By Purchases A/c 6000

31/1/15 To Balance c/d 5,800

6,000 6,000

1/2/15 By Balance b/d 5,800


Dr. M/s Vinod Bros Account Cr.
Date Particulars L.F. Amount Date Particulars L.F. Amount

22/1/15 To Return Outwards A/c 475 7/1/15 By Purchases A/c 3,800

31/1/15 To Balance c/d 3,325

3,800 3,800

1/2/15 By Balance b/d 3,325

Dr. James Account Cr.


Date Particulars L.F. Amount Date Particulars L.F. Amount

31/1/15 To Balance c/d 3,150 12/1/15 By Purchases A/c 3,150

1/2/15 By Balance b/d 3,150

Dr. M/s Kumar Account Cr.


Date Particulars L.F. Amount Date Particulars L.F. Amount

5/1/15 To Sales A/c 2,000 25/1/15 By Return Inwards A/c 500

31/1/15 By Balance c/d 1,500

2,000

1/2/15 To Balance b/d 1,500

Dr. M/s Rose Account Cr.


Date Particulars L.F. Amount Date Particulars L.F. Amount

17/1/15 To Sales A/c 2,375 31/1/15 By Balance c/d 2,375

1/2/15 To Balance b/d 2,375

Dr. M/s Neema Account Cr.


Date Particulars L.F. Amount Date Particulars L.F. Amount

20/1/15 To Furniture A/c 1,200 31/1/15 By Balance c/d 5,700

30/1/15 To Sales A/c 4,500

5,700 5,700

1/2/15 To Balance b/d 5,700

Dr. Furniture Account Cr.


Date Particulars L.F. Amount Date Particulars L.F. Amount

31/1/15 To Balance c/d 1,200 20/1/15 By M/s Narendra kumar A/c 1,200

1/2/15 By Balance b/d 1,200


Trial Balance as on 31.1.15
Name of Account Dr Cr

Cash A/c 5,000 -----

Purchases A/c 12,950 -----

Sales A/c ----- 13,875

Return Inwards A/c 500 -----

Return Outwards A/c ----- 675

M/s Adams A/c ----- 5,800

M/s Vinod Bros. A/c ----- 3,325

James A/c ----- 3,150

M/s Kumar A/c 1,500 -----

M/s Rose A/c 2,375 -----

M/s Neema A/c 5,700 -----

Furniture A/c ----- 1,200

Total 28,025 28,025

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