Prepare Simple Cash Book from the following transactions of Simran, Delhi:

2019 ₹ 2019 ₹

March 1 Simran commenced business with cash 65,000 March 17 Paid for miscellaneous expenses 450

March 3 Bought goods for cash, CGST and SGST paid @ 6% cash
6,850 March 19 Received cash from Mr. Trilok Chand
4,850

March 4 Paid cash to Mr. Mohan 950 March 22 Purchased goods, CGST and
SGST paid @ 6% each
2,500

March 6 Deposited in Bank 40,000 March 22 Paid Salary 4,000

March 6 Paid for office furniture in cash,
CGST and SGST paid @ 6% each 4,650 March 25 Paid rent, CGST and SGST
paid @ 6% each
900

March 9 Sold goods for cash charged
CGST and SGST @ 6% each
30,000
March 28
Paid electricity bill
350

March 12 Paid wages in cash 1,200 March 29 Paid for advertising, CGST
and SGST paid @ 6% each
400

March 13 Paid for Stationery, CGST and
SGST paid @ 6% each 400
March 31
Paid into bank
25,000

March 15 Sold goods for cash, charged
CGST and SGST @ 6% each
25,000

2019		₹	2019		₹
March 1	Simran commenced business with cash	65,000	March 17	Paid for miscellaneous expenses	450
March 3	Bought goods for cash, CGST and SGST paid @ 6% cash	6,850	March 19	Received cash from Mr. Trilok Chand	4,850
March 4	Paid cash to Mr. Mohan	950	March 22	Purchased goods, CGST and SGST paid @ 6% each	2,500
March 6	Deposited in Bank	40,000	March 22	Paid Salary	4,000
March 6	Paid for office furniture in cash, CGST and SGST paid @ 6% each	4,650	March 25	Paid rent, CGST and SGST paid @ 6% each	900
March 9	Sold goods for cash charged CGST and SGST @ 6% each	30,000	March 28	Paid electricity bill	350
March 12	Paid wages in cash	1,200	March 29	Paid for advertising, CGST and SGST paid @ 6% each	400
March 13	Paid for Stationery, CGST and SGST paid @ 6% each	400	March 31	Paid into bank	25,000
March 15	Sold goods for cash, charged CGST and SGST @ 6% each	25,000

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Solution

Books of Ganesh Lal

Cash Book

Dr.

Cr.

Date

Particulars

L.F.

Amount

(₹)

Date

Particulars

L.F.

Amount

(₹)

2019

2019

Mar.01
Capital

65,000

Mar.03
Purchases

6,850

Mar.09 Sales 30,000 Mar.03 Input CGST 411

Mar.09 Output CGST 1,800 Mar.03 Input SGST 411

Mar.09
Output CGST

1,800

Mar.04
Mr. Mohan

950

Mar.15
Sales

25,000

Mar.06
Bank

40,000

Mar.15
Output CGST

1,500

Mar.06
Office Furniture

4,650

Mar.15 Output CGST 1,500 Mar.06 Input CGST 279

Mar.19 Mr. Trilok Chand 4,850 Mar.06 Input SGST 279

Mar.12
Wages

1,200

Mar.13
Stationery

400

Mar.13 Input CGST 24

Mar.13 Input SGST 24

Mar.17
Miscellaneous Expenses

450

Mar.22
Purchases

2,500

Mar.22 Input CGST 150

Mar.22 Input SGST 150

Mar.22
Salary

4,000

Mar.25
Rent

900

Mar.25 Input CGST 54

Mar.25 Input SGST 54

Mar.28
Electricity Bill

350

Mar.29
Advertising

400

Mar.29 Input CGST 24

Mar.29 Input SGST 24

Mar.31
Bank

25,000

Mar.31
Balance c/d

41,916

1,31,450

1,31,450

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Q. Prepare Simple Cash book of Gopal of Amritsar from the following transactions:

2019		₹
April 1	Gopal commenced business introducing cash ₹ 60,000 and ₹ 1,50,000 by taking a loan from the Allahabad Bank.
April 4	Purchased following assets for business: Computer ₹ 16,000; Furniture ₹ 18,500 and Machinery ₹ 32,000 plus CGST and SGST @ 6% each, paid by cheque.
April 6	Purchased goods of ₹ 40,000 plus CGST and SGST @ 6% each from Bhushan, Amritsar, half of the value paid in cash.
April 8	Paid wages for installation of Machinery	4,000
April 12	Computer repair charges ₹ 1,900 paid along with CGST and SGST @ 6% each
April 15	Paid wages	15,000
	Purchased Postage Stamps	150
	Paid for stationery of ₹ 2,700 along with CGST and SGST @ 6% each
April 19	Sold for cash half the goods purchased from Bhushan to Anil Krishna at a profit of 25% and allowed him Trade Discount of 5%. Charged CGST and SGST @ 6% each
April 24	Payment to carpenter for repairs to personal furniture	350
April 26	Paid for medical expenses of Smt. Gopal	1,800
April 30	Paid for shop rent ₹ 2,000 along with CGST and SGST @ 6% each.

Q. Prepare Two-column Cash Book of Vinod, Delhi from the following transactions:


2018		₹
Oct. 1	Cash in Hand	25,000
Oct. 1	Cash at Bank	75,000
Oct. 7	Bought goods for ₹ 15,000 plus IGST @ 12% against cheque
Oct. 8	Bought goods for ₹ 5,000 plus CGST and SGST @ 6% each
Oct. 10	Honoured our own acceptance by cheque	5,000
Oct. 14	Paid petty expenses	150
Oct. 18	Ramesh who owed ₹ 5,000 became bankrupt and paid us 50 paise in a rupee
Oct. 20	Received cash from Manohar	7,500
	Allowed discount	250
Oct. 23	Withdrew from bank	4,000
Oct. 24	Paid to Ghanshyamdas & Co.	3,000
	Received discount	100
Oct. 25	Withdrew from bank for personal expenses	3,000
Oct. 27	Sold goods for ₹ 11,000 plus CGST and SGST @ 6% against cash
Oct. 28	Received cheque for goods sold for ₹ 9,000 plus CGST and SGST @ 6% each
Oct. 29	Received repayment of a loan of ₹ 5,000 and deposited ₹ 3,000 out of it into bank

Q. With Goods and Services Tax (GST)
Prepare Simple Cash book of Sri Gopal of Amritsar from the following transactions:

2018		₹
April 1	Sri Gopal commenced business introducing cash ₹ 60,000 and ₹ 1,50,000 by taking a loan from the Allahabad Bank.
April 4	Purchased following assets for business: Computer ₹ 16,000; Furniture ₹ 18,500 and Machinery ₹ 32,000 plus CGST and SGST @ 6% each, paid by cheque
April 6	Purchased goods of ₹ 40,000 plus CGST and SGST @ 6% each from Bhushan, Amritsar, half of the value paid in cash.
April 8	Paid wages for installation of Machinery	4,000
April 12	Computer repair charges ₹ 1,900 paid along with CGST and SGST @ 6% each
April 15	Paid wages	15,000
	Purchased Postage Stamps	150
	Paid for stationery of ₹ 2,700 along with CGST and SGST @ 6% each
April 19	Sold for cash half the goods purchased from Bhushan to Anil Krishna at a profit of25% and allowed him Trade Discount of 5%. Charged CGST and SGST @ 6% each
April 24	Payment to carpenter for repairs to private property	350
April 26	Paid for medical expenses of Smt. Gopal	1,800
April 30	Paid for shop rent ₹ 2,000 along with CGST and SGST @ 6% each.

Q. Prepare Two-column Cash Book of Bimal, Lucknow from the following transactions:

2019		₹	2019		₹
June 1	Cash Balance	5,000	June 21	Drawn from Bank	5,000
June 1	Bank Balance	17,500	June 29	Paid office salaries in cash	4,000
June 5	Cash received from sale of personal asset deposited in firm's account	5,000	June 30	Sold goods in cash for ₹ 8,000 plus CGST and SGST @ 6% each and banked the same
June 6	Cheque received as advance against sale, paid into bank	50,000	June 30	Paid rent by cheque including CGST and SGST @ 6% each	1,120
June 7	Paid S. Bose by cheque	12,500	June 30	Paid into Bank	7,500
	Discount received	200
June 9	Paid wages in cash	3,000
June 20	Received a cheque from
	A. Mukherjee and sent it to bank	6,000

Q. From the following transactions, prepare Cash Book with Cash and Bank Columns:−

2016		(₹)
May 1	Cash in hand	4,800
	Bank Overdraft	30,400
2	Fresh Capital introduced	20,000
3	Deposited into Bank	15,000
4	Sold goods to Mahesh on Credit	6,200
5	An amount of ₹ 4,200 due from Ashok written off as bad debts in the previous year, now recovered.
6	Withdrew from bank for the payment of Life Insurance Premium	3,000
8	Received a cheque form Mahesh for ₹ 6,000 in full settlement of his account and deposited the same into the Bank.
10	Sold goods to Varun on Credit.	30,000
12	Received a cheque for ₹ 28,000 from Varun in full settlement.
15	Cheque received from Varun sent to Bank
18	Varun's cheque returned by Bank dishonoured. Bank charged ₹ 25 on this cheque.
20	Received a cheque of ₹ 6,800 from Vijay which was endorsed to AmritRaj on 23rd May.
25	Withdrew cash from Bank ₹ 5,000 for paying gift to his daughter on her birthday.
26	Bought goods from Gupta General Store for ₹ 10,000 on credit and they allowed us trade discount of 25%.
28	Paid to Gupta General Stores in cash in full settlement	7,000
28	Sale of old machinery, payment received in cash ₹ 7,700.
30	Paid Salary by cheque ₹ 1,500. Paid Rent in cash ₹ 2,200.
31	Paid into Current Account the entire balance after retaining ₹ 5,000 at office.

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Books of Ganesh Lal Cash Book
Dr.								Cr.
Date	Particulars	L.F.	Amount (₹)	Date	Particulars	L.F.	Amount (₹)
2019				2019
Mar.01	Capital		65,000	Mar.03	Purchases		6,850
Mar.09	Sales		30,000	Mar.03	Input CGST		411
Mar.09	Output CGST		1,800	Mar.03	Input SGST		411
Mar.09	Output CGST		1,800	Mar.04	Mr. Mohan		950
Mar.15	Sales		25,000	Mar.06	Bank		40,000
Mar.15	Output CGST		1,500	Mar.06	Office Furniture		4,650
Mar.15	Output CGST		1,500	Mar.06	Input CGST		279
Mar.19	Mr. Trilok Chand		4,850	Mar.06	Input SGST		279
				Mar.12	Wages		1,200
				Mar.13	Stationery		400
				Mar.13	Input CGST		24
				Mar.13	Input SGST		24
				Mar.17	Miscellaneous Expenses		450
				Mar.22	Purchases		2,500
				Mar.22	Input CGST		150
				Mar.22	Input SGST		150
				Mar.22	Salary		4,000
				Mar.25	Rent		900
				Mar.25	Input CGST		54
				Mar.25	Input SGST		54
				Mar.28	Electricity Bill		350
				Mar.29	Advertising		400
				Mar.29	Input CGST		24
				Mar.29	Input SGST		24
				Mar.31	Bank		25,000
				Mar.31	Balance c/d		41,916
			1,31,450				1,31,450