Question

Enter the following transactions in a Single Column Cash Book∶−

2016		(₹)
May 1	Commenced business with Cash	25,000
3	Bought goods for Cash	10,000
3	Paid Carriage	200
4	Sold goods for Cash	6,000
10	Received from Ram	1,000
12	Paid to Shiv Kumar	2,600
15	Cash Sales	8,400
18	Purchased furniture for cash for office	5,000
20	Paid for Advertisement	500
20	Purchased goods from Mahesh on credit	6,000
24	Paid to Mahesh	4,000
25	Paid Wages	400
27	Received for Commission	1,500
28	Withdrew for personal use	2,200
31	Paid salary	700

Answer 1

Cash Book
Dr.					Cr.
Date	Particulars	L.F.	Cash (Rs)	Date		Particulars	L.F.	Cash (Rs)
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

Note: Transaction dated May 20, 2016, will not be recorded in Cash Book because credit transactions do not affect the cash balance.