Questions which are to be solved during class

1 Prepare simple cash book on the basis of following transactions: -

2020
April 1 Started business by Parth with cash ` 3,00,000, Furniture ` 1,00,000 and stock `
2,00,000 in his own building costing ` 5,00,000.
April 3 Purchased goods of ` 40,000 from Suresh and paid 50% of due amount
immediately.
April 5 Sold goods costing ` 40,000 at ` 50,000 to Raman and received 40% in cash.
April 6 Paid Carriage of ` 10,000 and Office expenses ` 5,000.
April 8 Purchased a Machine of ` 30,000 from Rakesh and paid installation charges of `
1,000.
April 10 Goods of ` 4,000 returned to Swapnil and balance amount was paid.
April 13 Cash of ` 10,000 deposited into bank.
April 17 Cash of ` 4,000 is withdrawn by owner for personal use.
April 20 Purchased goods of ` 30,000 and paid carriage ` 2,000.
April 25 Goods of ` 3,000 returned by Raman and balance amount was received.
April 29 Cash of ` 20,000 withdrawn from bank (60% for personal use)
April 30 Purchase furniture of ` 10,000 and paid carriage ` 1,000.

2 From the following prepare single column cash book of Suhani & Co.
2020
April 1 Started business by Jhanvi with cash ` 4,00,000, Furniture ` 2,00,000
and stock ` 3,00,000 in his own building costing ` 4,00,000.
April 3 Purchased goods of ` 40,000 from Mohit and paid 40% of due amount
immediately.
April 5 Sold goods costing ` 50,000 at ` 80,000 to Rakesh and received 20% in
cash.
April 6 Paid Rent of ` 20,000 and Travelling Expenses ` 5,000.
April 8 Purchased Furniture of ` 20,000 and paid Carriage of ` 2,000.
April 10 Goods of ` 3,000 returned to Mohit and balance amount was paid.
April 13 Cash of ` 50,000 deposited into bank. (50% in the personal saving
account of the owner)
April 17 Cash of ` 5,000 is withdrawn by owner for personal use.
April 20 Purchased goods of ` 40,000 and paid carriage ` 2,000.
April 25 Goods of ` 2,000 returned by Rakesh and balance amount was
received.
April 29 Cash of ` 20,000 withdrawn from bank (60% for personal use)
April 30 Sold goods costing ` 20,000 at a profit of 20% to Mohan.

3.
From the following information prepare two column cash book of M/s Sambhav Bros.
2019
Jan. 1, Sambhav started business with cash ` 2,00,000, stock ` 50,000 and by transferring
` 1,00,000 from personal saving bank A/c to business current A/c.
Jan. 2, Sold goods to Manish for ` 20,000 at 10% trade discount and Paid carriage `
1,000.
 Jan. 4, Purchased goods from Vikas for ` 20,000 at 10% trade discount and paid carriage
` 500.
Jan. 5, Received a cheque from Manish of ` 17,000 in full settlement .
Jan. 7, Purchased a second hand Car from ‘Gupta & Sons’ for ` 50,000 and paid ` 2,000
on its repairs.
Jan. Manish’s cheque was dishonoured and dishonoured charges were ` 2,000 each.
10,
Jan. Cash of ` 40,000 was withdrawn from Current A/c and deposited 60% into s
16, personal fixed deposit A/c.
Jan. Issued a cheque to after deducting 10% cash discount which was not deposited
22, into bank by Vikas.
Jan. 24 Received a new cheque from Mohit for settlement of his account and deposited
into bank with cash of ` 5,000.
Jan. 31 Pass book shows credit of ` 1,000 for interest and debit of `500 as bank charges.
Jan. 31 After retaining `10,000 in the bank account remaining cash withdrawn from bank
and half of the proceed used for paying personal expenses.

4. From the following information prepare two column cash book of M/s Goyal Bros.
2021
Oct. 1 Started business with cash ` 60000; Stock ` 60,000 and furniture ` 30,000.
Oct.2 ` 80,000 were transferred from owner’s personal bank A/c to Business Current A/c.
Oct. 5 Bought goods from Anant of ` 10,000 at 10% trade discount and Paid carriage `500.
Oct. 9 Purchased an old typewriter for ` 10,000 and spent ` 1,000 on its repairs.
Oct.11 Sold goods to Naresh for ` 20,000 and received a cheque after deducting 10% cash
discount.
Oct 14 Paid cash of ` 8,000 and Naresh’s cheque into bank.
Oct 19 Withdrew ` 20,000 from bank and out of which ` 5,000 deposited in to owner’s
personal
bank A/c and remaining kept for business use.
Oct 21 Naresh’s cheque dishonoured and ` 200 is debited by Bank as dishonoured charges.
Oct 27 Goods of Rs 2,000 were returned to and balance was paid by issue of a cheque after
deducting 10% cash discount.
Oct 29 Received a cheque from Mayank for commission of ` 3700 and same was endorsed
to
Sohan in full settlement.
Oct30 Nikhil became insolvent and only 40 paisa in rupee recovered from him.
Oct31 Pass book showed debit of ` 1,000 for bank charges and credit of `500 for interest.
Oct31 After retaining ` 1,000 in hand remaining amount was deposited into bank.