Enter the following transactions in the Cash Book of Chandrika of Chandigarh:

2018 ₹

Jan 1 Chandrika commences business with cash 1,00,000

Jan 3 She opened a Bank Current Account with her Savings Account cheque 19,00,000

Jan 4 She receives cheque from Kirti & Co. on account 60,000

Jan 7 She pays into Bank Kirti & Co.'s cheque $-$ 60,000

Jan 10 She advanced Ratan & Co. by cheque 35,000

Jan 12 Tripathi & Co. pays into her Bank A/c 47,500

Jan 15 She receives cheque from Warsi and allows him discount ₹ 3,500 45,000

Jan 20 She receives cash ₹ 7,500 and cheque ₹ 10,000 from Kalyan against credit balance

Jan 25 She pays int Bank, including cheques received on 15th and 20th January 1,00,000

Jan 27 She pays by cheque for purchases of ₹ 27,500 plus CGST and SGST @ 6% each

Jan 28 Cheque received from Warsi was dishonoured

Jan 30 She pays sundry expenses in cash 50

Jan 30 She pays John & Co. in cash and is allowed discount ₹ 3,500 37,500

Jan 31 She pays office rent ₹ 20,000 plus CGST and SGST @ 6% each by cheque

Jan 31 She draws a cheque for office use 40,000

Jan 31 She pays staff salaries by cheque 30,000

Jan 31 She pays cash for stationery ₹ 2,500 plus CGST and SGST @ 6% each

Jan 31 She purchases goods for cash ₹ 12,500 plus CGST and SGST @ 6% each

Jan 31 She pays Jagpal by cheque for commission ₹ 30,000 plus CGST and SGST @ 6% each

Jan 31 She receives cheque for commission of ₹50,000 plus CGST and SGST @ 6% each from Raghubir & Co. and pays the same into bank

Jan 31
Cash sales ₹ 45,000 plus CGST and SGST @ 6% each

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Solution

Cash Book

Dr.

Cr.

Date

Particulars

L.F.

Cash

(₹)

Bank

(₹)

Date

Particulars

L.F.

Cash

(₹)

Bank

(₹)

2018

2018

Jan 01
Capital A/c

1,00,000

Jan 10
Loan A/c

35,000

Jan 03
Capital A/c

19,00,000

Jan 25
Bank A/c
C

45,000

Jan 07
Cheques in Hand A/c

60,000

Jan 27
Purchases A/c

27,500

Jan 12
Tripathi & Co.

47,500

Jan 27
Input CGST A/c

1,650

Jan 20
Kalyan A/c

7,500

Jan 27
Input SGST A/c

1,650

Jan 25
Cheques in Hand A/c

55,000

Jan 28
Warsi A/c

45,000

Jan 25
Cash A/c
C

45,000

Jan 30
Sundry Expenses A/c

50

Jan 31
Bank A/c
C

40,000

Jan 30
John & Co A/c

37,500

Jan 31
Commission A/c

50,000

Jan 31
Office Rent A/c

20,000

Jan 31
Output CGST A/c

3,000

Jan 31
Input CGST A/c

1,200

Jan 31
Output SGST A/c

3,000

Jan 31
Input SGST A/c

1,200

Jan 31
Sales A/c

45,000

Jan 31
Cash A/c

40,000

Jan 31
Output CGST A/c

2,700

Jan 31
Salaries A/c

30,000

Jan 31
Output SGST A/c

2,700

Jan 31
Stationery A/c

2,500

Jan 31
Input CGST A/c

150

Jan 31
Input SGST A/c

150

Jan 31
Purchases A/c

12,500

Jan 31
Input CGST A/c

750

Jan 31
Input SGST A/c

750

Jan 31
Commission A/c

30,000

Jan 31
Input CGST A/c

1,800

Jan 31
Input SGST A/c

1,800

Balance c/d

98,550

19,26,700

1,97,900

21,63,500

1,97,900

21,63,500

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Similar questions

Q. Enter the following transactions in the Cash Book of Chandrika of Chandigarh:


2019		₹
Jan. 1	Chandrika commences business with cash	1,00,000
Jan. 3	She opened a Bank Current Account with her Savings Account cheque	19,00,000
Jan. 4	She receives cheque from Kirti & Co. on account	60,000
Jan. 7	She pays Kirti & Co.'s cheque into Bank
Jan. 10	She advanced Ratan & Co. by cheque	35,000
Jan. 12	Tripathi & Co. pays into her Bank A/c	47,500
Jan. 15	She receives cheque from Warsi and allows him discount ₹ 3,500	45,000
Jan. 20	She receives cash ₹ 7,500 and cheque ₹ 10,000 from Kalyan against credit balance
Jan. 25	She pays into Bank, including cheques received on 15th and 20th January	1,00,000
Jan. 27	She pays by cheque for purchases of ₹ 27,500 plus CGST and SGST @ 6% each
Jan. 28	Cheque received from Warsi was dishonoured
Jan. 30	She pays sundry expenses in cash	50
Jan. 30	She pays John & Co. in cash and is allowed discount ₹ 3,500	37,500
Jan. 31	She pays office rent ₹ 20,000 plus CGST and SGST @ 6% each by cheque
Jan. 31	She draws a cheque for office use	40,000
Jan. 31	She pays staff salaries by cheque	30,000
Jan. 31	She pays cash for stationery ₹ 2,500 plus CGST and SGST @ 6% each
Jan. 31	She purchases goods for cash ₹ 12,500 plus CGST and SGST @ 6% each
Jan. 31	She pays Jagpal by cheque for commission ₹ 30,000 plus CGST and SGST @ 6% each
Jan. 31	She receives cheque for commission of ₹ 50,000 plus CGST and SGST @ 6% each from Raghubir & Co. and pays the same into Bank
Jan. 31	Cash sales ₹ 45,000 plus CGST and SGST @ 6% each

Q. Enter the following transactions in Two-column Cash Book of Reema, Chandigarh and find cash and bank balances:


2019		₹
April 1	Cash balance ₹ 2,000, bank balance ₹ 24,500
April 2	Cash sales ₹ 60,000 plus CGST and SGST @ 6% each
April 5	Deposited in Bank	50,000
April 7	Issued cheque to Sohan	10,000
April 9	Sold goods for cash ₹ 10,000 plus CGST and SGST @ 6% each
April 12	Received a cheque from National Insurance Co. Ltd. against claim lodged last year	19,800
April 14	Sold goods to Niraj of ₹ 25,000 plus CGST and SGST @ 6% each, received cash ₹ 10,000 and balance by cheque. Allowed him discount ₹ 500
April 16	Purchased furniture for ₹ 10,000 plus CGST and SGST @ 6% each, paid for furniture by cheque
April 18	Sold old furniture for ₹ 10,000 plus CGST and SGST @ 6% each and received cash
April 20	Paid into bank cheque of Niraj and cash	2,500
April 22	Paid to Suman by cheque	2,500
April 26	Suman's cheque returned on technical ground and paid cash for equal amount
April 28	Bank charged its commission of ₹ 300 plus CGST and SGST @ 6% each
April 29	Bank paid insurance premium as per standing instructions	2,500
April 30	Nigam paid into bank directly, intimation received on the same day	5,000

Q. Enter the following transactions in Two-column Cash Book of Reema, Chandigarh and find out cash and bank balances:


2018		₹
April 1	Cash balance ₹ 2,000, bank balance ₹ 24,500
April 2	Cash sales ₹ 60,000 plus CGST and SGST @ 6% each
April 5	Deposited in Bank	50,000
April 7	Issued cheque to Sohan	10,000
April 9	Sold goods for cash ₹ 10,000 plus CGST and SGST @ 6% each
April 12	Received a cheque from National Insurance Co. Ltd. against claim lodged last year	19,800
April 14	Sold goods to Niraj of ₹ 25,000 plus CGST and SGST @ 6% each, received cash ₹10,000 and balance by cheque. Allowed him discount ₹500
April 16	Purchased furniture for ₹10,000 plus CGST and SGST @ 6% each, paid for furniture by cheque
April 18	Sold old furniture for ₹ 10,000 plus CGST and SGST @ 6% each and received cash
April 20	Paid into bank cheque of Niraj and cash	2,500
April 22	Paid to Suman by cheque	2,500
April 26	Suman's cheque returned on technical ground and paid cash for equal amount
April 28	Bank charged its commission of ₹ 300 plus CGST and SGST @ 6% each
April 29	Bank paid insurance premium as per standing instructions	2,500
April 30	Nigam paid into bank directly, intimation received on the same day	5,000

Q. Enter the following transactions in the Cash Book with Cash and Bank Columns ∶−

2017
April 1	Balance of Cash in hand ₹400, overdraft at Bank ₹5,000.
4	Invested further capital ₹10,000 out of which ₹6,000 deposited into the bank.
5	Sold goods for cash ₹3,000.
6	Received from Ghanshyam ₹8,000; discount allowed to him ₹200.
10	Purchased goods for Cash ₹5,500.
11	Paid to Ram Vilas, our creditor ₹2,500; discount allowed by him ₹65.
13	Commission paid to our agent ₹530.
14	Office furniture purchased from Keshav in cash ₹200.
14	Rent paid ₹50.
14	Electricity charges paid ₹10.
16	Drew cheque for personal use ₹850.
17	Cash sales ₹2,500.
18	Collection from Atul ₹4,000, deposited in the bank on 19th April.
19	Drew from the bank for office use ₹500.
24	Dividend received by cheque ₹50, deposited in the bank on the same day.
25	Commission received by cheque ₹230, deposited in the bank on 28th April.
29	Drew from the bank for salary of the office staff ₹1,500.
29	Paid salary of the manager by cheque ₹500.
30	Deposited cash in the bank ₹1,000

Q. Enter the following transactions in a Cash Book with Cash and Bank Columns∶−

2017
March 1	Cash in Hand ₹ 15,000; Bank ₹ 8,000
2	Sold goods to X on credit for ₹ 10,000.
5	Sold goods for ₹ 20,000; received cheque from them, discount allowed 2 $\frac{1}{2}$ %.
	Cheque was deposited into bank on 7th March.
10	Purchased goods from Suresh on the terms of 5% Cash discount if the payment is made within 3 days ₹ 20,000.
12	Payment made to Suresh; half in Cash and half by cheque.
14	Received a Bank Draft for ₹ 6,820 from Siya Ram in full settlement of ₹ 7,000 due from him. Sent the draft to the Bank.
16	Settled Pawan's account of ₹ 5,000 at a discount of 5%.
17	Goods worth ₹ 8,000 were purchased from Sunil on 5th March. Its payment was made today by cheque after deducting 5% cash discount.
18	Withdrawn from Bank ₹ 20,000 and Furniture was purchased for ₹ 15,000; the balance taken by the proprietor.
20	Received a cheque from Ravi for ₹ 2,850 in settlement after deducting 5%.
	Endorsed the cheque to Gopal on 22nd March.
22	Placed an order with 'Jai Traders' for goods of the value of ₹ 10,000 and sent a cheque of ₹ 8,000 with the order.
23	Purchased furniture by cheque of ₹ 6,000.
24	Cash sales ₹ 15,000; half of which deposited into bank.
25	X settled his account by payment of ₹ 10,150; ₹ 150 being the interest charged.
27	Paid rent to Landlord 'Rakesh' by cheque ₹ 2,000.
28	Cashed a cheque for ₹ 10,000 and paid salaries in cash ₹ 8,000.
31	Deposited into bank, balance of cash in excess of ₹ 5,000.

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2018		₹
Jan 1	Chandrika commences business with cash	1,00,000
Jan 3	She opened a Bank Current Account with her Savings Account cheque	19,00,000
Jan 4	She receives cheque from Kirti & Co. on account	60,000
Jan 7	She pays into Bank Kirti & Co.'s cheque $-$	60,000
Jan 10	She advanced Ratan & Co. by cheque	35,000
Jan 12	Tripathi & Co. pays into her Bank A/c	47,500
Jan 15	She receives cheque from Warsi and allows him discount ₹ 3,500	45,000
Jan 20	She receives cash ₹ 7,500 and cheque ₹ 10,000 from Kalyan against credit balance
Jan 25	She pays int Bank, including cheques received on 15th and 20th January	1,00,000
Jan 27	She pays by cheque for purchases of ₹ 27,500 plus CGST and SGST @ 6% each
Jan 28	Cheque received from Warsi was dishonoured
Jan 30	She pays sundry expenses in cash	50
Jan 30	She pays John & Co. in cash and is allowed discount ₹ 3,500	37,500
Jan 31	She pays office rent ₹ 20,000 plus CGST and SGST @ 6% each by cheque
Jan 31	She draws a cheque for office use	40,000
Jan 31	She pays staff salaries by cheque	30,000
Jan 31	She pays cash for stationery ₹ 2,500 plus CGST and SGST @ 6% each
Jan 31	She purchases goods for cash ₹ 12,500 plus CGST and SGST @ 6% each
Jan 31	She pays Jagpal by cheque for commission ₹ 30,000 plus CGST and SGST @ 6% each
Jan 31	She receives cheque for commission of ₹50,000 plus CGST and SGST @ 6% each from Raghubir & Co. and pays the same into bank
Jan 31	Cash sales ₹ 45,000 plus CGST and SGST @ 6% each

Cash Book
Dr.										Cr.
Date	Particulars	L.F.	Cash (₹)	Bank (₹)	Date	Particulars	L.F.	Cash (₹)	Bank (₹)
2018					2018
Jan 01	Capital A/c		1,00,000		Jan 10	Loan A/c			35,000
Jan 03	Capital A/c			19,00,000	Jan 25	Bank A/c	C	45,000
Jan 07	Cheques in Hand A/c			60,000	Jan 27	Purchases A/c			27,500
Jan 12	Tripathi & Co.			47,500	Jan 27	Input CGST A/c			1,650
Jan 20	Kalyan A/c		7,500		Jan 27	Input SGST A/c			1,650
Jan 25	Cheques in Hand A/c			55,000	Jan 28	Warsi A/c			45,000
Jan 25	Cash A/c	C		45,000	Jan 30	Sundry Expenses A/c		50
Jan 31	Bank A/c	C	40,000		Jan 30	John & Co A/c		37,500
Jan 31	Commission A/c			50,000	Jan 31	Office Rent A/c			20,000
Jan 31	Output CGST A/c			3,000	Jan 31	Input CGST A/c			1,200
Jan 31	Output SGST A/c			3,000	Jan 31	Input SGST A/c			1,200
Jan 31	Sales A/c		45,000		Jan 31	Cash A/c			40,000
Jan 31	Output CGST A/c		2,700		Jan 31	Salaries A/c			30,000
Jan 31	Output SGST A/c		2,700		Jan 31	Stationery A/c		2,500
					Jan 31	Input CGST A/c		150
					Jan 31	Input SGST A/c		150
					Jan 31	Purchases A/c		12,500
					Jan 31	Input CGST A/c		750
					Jan 31	Input SGST A/c		750
					Jan 31	Commission A/c			30,000
					Jan 31	Input CGST A/c			1,800
					Jan 31	Input SGST A/c			1,800
						Balance c/d		98,550	19,26,700
			1,97,900	21,63,500				1,97,900	21,63,500