Question

From the following particulars, prepare a Cash Book with Cash and Bank Columns:

2017
Jan. 1	Balance of Cash in Hand ₹ 15,000 and Bank Overdraft ₹ 6,000
3	Issued a cheque of ₹ 4,800 to Mr. Black and earned a discount of ₹ 200.
4	Direct deposit by Mr. Kapil in our bank account ₹3,800. Discount allowed ₹ 200.
5	Given as charity ₹ 100.
7	Issued a cheque of ₹ 500 to the petty cashier.
15	Goods worth ₹ 10,000 were sold to Ganesh on 10th January. Its payment was received today by cheque after deducting 5% cash discount.
16	Deposited the above cheque into Bank.
17	Goods purchased from Raghu for ₹ 8,000. Payment is made after deducting 3% cash discount.
18	Bought postage stamps ₹ 200.
20	Paid ₹ 4,000 by cheque for furniture purchased.
22	Arun who owed us ₹ 6,000 became bankrupt and paid 60 paise per ₹.
24	Collected from Anil ₹ 5,000 in cash and deposited into bank the next day.
24	Cash purchases of stationery ₹ 200.
25	X settled his account of ₹ 7,000 by cheque of ₹ 6,850.
	Cheque was deposited into the bank on 28th January.
27	Settled Y's account of ₹ 8,000 by cheque after deducting therefrom 2$\frac{1}{2}$% cash discount.
29	Cash sales for ₹ 10,000, received cheque.
30	Interest charged by bank ₹ 1,500.

Answer 1

Cash Book
Dr.										Cr.
Date		Particulars	L.F.	Cash (Rs)	Bank (Rs)	Date	Particulars	L.F.	Cash (Rs)	Bank (Rs)
2017						2017
Jan. 01		Balance b/d		15,000		Jan. 01	Balance b/d			6,000
Jan. 04		Mr. Kapil			3,800	Jan. 03	Mr. Black			4,800
Jan. 16		Cheques- in-Hand A/c			9,500	Jan. 05	Charity A/c		100
Jan. 22		Arun		3,600		Jan. 07	Petty Expenses A/c			500
Jan. 24		Anil		5,000		Jan. 17	Purchases A/c		7,760
Jan. 25		Cash A/c	C		5,000	Jan. 18	Postage A/c		200
						Jan. 20	Furniture A/c			4,000
Jan. 28		Cheques- in-Hand A/c			6,850	Jan. 24	Stationery A/c		200
Jan. 29		Sales A/c			10,000	Jan. 25	Bank A/c	C	5,000
						Jan. 27	Y			7,800
						Jan. 30	Interest A/c			1,500
						Jan. 31	Balance c/d		10,340	10,550
				23,600	35,150				23,600	35,150
Feb. 01		Balance b/d		10,340	10,550

Working Notes:

Journal Proper
Date	Particulars			L.F.	Debit Amount (Rs)	Credit Amount (Rs)
2017
Jan. 15	Cheques-in-Hand A/c		Dr.		9,500
	Discount Allowed A/c		Dr.		500
	To Ganesh					10,000
	(Cheque received from Ganesh)
Jan. 25	Cheques-in-Hand A/c		Dr.		6,850
	Discount Allowed A/c		Dr.		150
	To X					7,000
	(Cheque received from X)

Note: Transaction dated January 29, 2017, does not contain any information regarding date of depositing the cheque, so it has been assumed that the cheque has been deposited on the same day.