Which of these are not to be recorded in cash book.

Goods worth Rs.5,000 sold on three months credit.

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Interest paid Rs.3,000

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Cash received from the client

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Cheque dishonoured

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Solution

The correct option is A Goods worth Rs.5,000 sold on three months credit.
Goods worth Rs.5,000 sold on three months credit are not recorded in cash book.

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Similar questions

Journalise the following transactions in the books of Nana.

Debit balances on 1st April 2012:-

Cash in hand Rs 5,000; Cash at Bank Rs 95,000' Land & Building Rs 2,10,000; Furniture Rs 15,000; Debtors Rs 10,000.

Credit Balances on April 1, 2012:- Creditors Rs 10,000; Bank Loan Rs 28,000.

Transactions during the month of April 2012:-

2012 April	1	Purchased goods worth Rs 30,000 for cash less Trade Discount.
	3	Sold goods to Meena Rs 25,000.
	7	Purchased goods from Seema worth Rs 12,000.
	9	Goods costing Rs 1,100 distributed as free samples.
	12	Received an amount of Rs 1,500 from Vikram which was previously written off as bad.
	14	Purchased goods from Bhushan Rs 30,000 at 10% Trade Discount and paid him 1/3^rd amount in cash after getting 5% cash discount.
	20	Received cash gift Rs 10,000 from Father-in-law with which purchased shares of Infosis Co.
	24	Payment of Bank loan with interest Rs 6,000 [Interest amount Rs 1,500]
	28	Sold goods to Anil Rs 50,000 at 10% trade discount and received half the amount in cash, 5% cash discount allowed.
	29	Paid for Advertisement Rs 5,000.
	30	Withdrew cash Bank for personal purpose Rs 2,000.

Prepare Single Column Cash Book of Vinod from the following transactions:

Aug.1 Business started with cash Rs.10,000.

Aug.2 Purchased goods for cash Rs.6,000.

Aug.5 Purchased furniture for office use Rs.1,000.

Aug.7 Goods sold for cash Rs.4,000.

Aug.9 Goods purchases from Ram on credit Rs.4,000.

Aug.10 Commission received Rs.500.

Aug.15 Paid to Ram Rs.2,000.

Aug.18 Goods sold to Hari on credit Rs.5,000.

Aug.24 Received from Hari Rs.4,000.

Aug.28 Stationery purchased Rs.300.

Aug.31 Rent paid Rs.700 and withdrew for personal use Rs.2,800.

Prepare chart showing Analysis of the following transactions in a Tabular form-

1. Raghav started business with cash Rs 50,000.
2. Sold goods for Rs 1,500.
3. Purchased goods for Rs 1,000 from Amit.
4. Deposited into Bank of India Rs 5,000.
5. Paid salary of Rs 1,200.
6. Received commission Rs 250 from Ram.
7. Purchased goods for cash worth Rs 750 from Jay.
8. Withdrew Rs 500 for personal use.
9. Sold goods to Roshan worth Rs 1,500.
10. Withdrew money for office use Rs 1,300.
11. Paid for transportation Rs 430.
12. Loan taken from Mr. Mehta Rs 5,000.
13. Paid for advertisement Rs 320.
14. Additional capital introduced Rs 5,000.
15. Received interest on investment Rs 1,500.

Rectify the following errors-

1) Goods returned to Mr Pathak as they were defective Rs 280 were not recorded in the books.
2) Commission received Rs 625 was recorded in the Journal proper but not posted at all.
3) Purchased Machinery from Hindustan Machinery Ltd. Rs 9,900 on credit was omitted from the books of accounts.
4) Additional capital Rs 20,000 introduced by proprietor in to the business was recorded in the cash book but was not posted to the capital account in the ledger.
5) Cash received from the Patel Rs 3,300 though recorded in cash book was not posted to his personal account in the ledger.
6) Goods sold to Kishor Rs 6,565 on credit was not posted to his personal account.

Journalise the following transactions in the books of Mr. Bipin.

2011 July	1	Started business with Cash Rs 3,25,000 Goods worth Rs 50,000 and Laptop Rs 45, 000.
	3	Deposited in Dena Bank Rs 1,50,000.
	7	Bought goods on credit from Manish Rs 10,000 at 10% Trade discount.
	11	Sold goods to Nitin of Rs 12,000 at 5% Trade Discount.
	13	Goods worth Rs 900 burnt by fire.
	17	Received cash of Rs 11,200 from Nitin in full settlement of his account.
	20	Drew from bank Rs 4,000 for his personal purpose.
	23	Paid cash Rs 9,300 to Manish in full settlement of his account.
	25	Paid house rent Rs 2,500.
	28	Sold goods worth Rs 12,000 to Dinesh who paid us Rs 8,000 on account.
	31	Wages paid Rs 6,000.

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Which of these are not to be recorded in cash book.

The correct option is A Goods worth Rs.5,000 sold on three months credit.Goods worth Rs.5,000 sold on three months credit are not recorded in cash book.

The correct option is A Goods worth Rs.5,000 sold on three months credit.
Goods worth Rs.5,000 sold on three months credit are not recorded in cash book.