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.

Open in App

Solution

Cash Book

Dr.
Cr.

Date

Particulars

L.F.

Cash

(₹)

Date

Particulars

L.F.

Cash

(₹)

2019

2019

Apr 01
Capital A/c

60,000

Apr 06
Purchases A/c

20,000

Apr 19
Sales A/c

23,750

Apr 06
Input CGST A/c

1,200

Apr 19
Output CGST A/c

1,425

Apr 06
Input SGST A/c

1,200

Apr 19
Output SGST A/c

1,425

Apr 08
Machinery A/c

4,000

Apr 12
Repairs A/c

1,900

Apr 12
Input CGST A/c

114

Apr 12
Input SGST A/c

114

Apr 15
Wages A/c

15,000

Apr 15
Postage A/c

150

Apr 15
Stationery A/c

2,700

Apr 15
Input CGST A/c

162

Apr 15
Input SGST A/c

162

Apr 24
Drawings A/c

350

Apr 26
Drawings A/c

1,800

Apr 30
Rent A/c

2,000

Apr 30
Input CGST A/c

120

Apr 30
Input SGST A/c

120

Apr 30
Balance c/d

35,508

86,600

86,600

Suggest Corrections

Similar questions

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 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

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. 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. Prepare Two-column Cash Book from the following transactions of Mani, Kochi:

2019
March 1	Cash in Hand ₹ 15,000; Cash at Bank ₹ 5,000
March 3	Purchased goods for cash ₹ 6,720 including CGST and SGST @ 6% p.a; received discount of ₹ 220
March 5	Deposited into bank ₹ 5,000
March 7	Cash sales ₹ 10,000 plus CGST and SGST @ 6% each
March 10	Cash withdrawn from Bank for Office use ₹ 2,000
March 15	Received three months post dated cheque of ₹ 20,000 from Raj and deposited in the bank on the same day, discounted from bank paying discounting charges ₹ 750
March 18	Received cheque from Deepak for ₹ 5,000 (not banked), allowed discount ₹ 200
March 20	Cheque received from Deepak deposited in Bank
March 22	Paid to Chandra by cheque ₹ 2,500; received discount ₹ 100
March 25	Withdrew from bank for personal use ₹ 1,000
March 28	Sold goods on credit to Ashok Mitra, Kolkata ₹ 10,000, charged IGST @ 12%
March 30	Purchased goods on credit from Chander, Delhi ₹ 20,000, paid IGST @ 12%
March 31	Received cheque from Ashok Mitra ₹ 5,000 and deposited in bank, allowed cash discount ₹ 200

Join BYJU'S Learning Program

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.

Cash Book
Dr.								Cr.
Date	Particulars	L.F.	Cash (₹)	Date	Particulars	L.F.	Cash (₹)
2019				2019
Apr 01	Capital A/c		60,000	Apr 06	Purchases A/c		20,000
Apr 19	Sales A/c		23,750	Apr 06	Input CGST A/c		1,200
Apr 19	Output CGST A/c		1,425	Apr 06	Input SGST A/c		1,200
Apr 19	Output SGST A/c		1,425	Apr 08	Machinery A/c		4,000
				Apr 12	Repairs A/c		1,900
				Apr 12	Input CGST A/c		114
				Apr 12	Input SGST A/c		114
				Apr 15	Wages A/c		15,000
				Apr 15	Postage A/c		150
				Apr 15	Stationery A/c		2,700
				Apr 15	Input CGST A/c		162
				Apr 15	Input SGST A/c		162
				Apr 24	Drawings A/c		350
				Apr 26	Drawings A/c		1,800
				Apr 30	Rent A/c		2,000
				Apr 30	Input CGST A/c		120
				Apr 30	Input SGST A/c		120
				Apr 30	Balance c/d		35,508
			86,600				86,600