Which of these are not to be recorded in cash book

Sundry purchase of Rs. 1,000 to be paid after 3 months

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Salary paid Rs. 3,000

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Cash received from the client

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Cheque received

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Solution

The correct option is A Sundry purchase of Rs. 1,000 to be paid after 3 months
Sundry purchase of Rs. 1,000 to be paid after 3 months doesnot involve any inflow or outflow of cash.

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Similar questions

Q. Rs

3, 50, 000

cash paid to creditors for settlements of credit purchases will be recorded in _______________.

Bobbie opened a consulting firm and copleted these trannsactions during November, 2005

(a) Invested Rs 4,00,000 cash and office equipment with Rs 1, 50,000 in a business called Bobbie Consulting.

(b) Purchased land and a small building . The land was worth Rs. 1, 50,000 and the building worth Rs 3,50,000. The purchase price was price was paid with Rs 2,00,000 cash and a long term note payable for Rs 8,00,000.

(d) Bobbie transferred title of motor car to the business. The motor car was worth Rs 90,000.

(e) Purchased for Rs 30,000 additional office equipment on credit.

(f) Paid Rs 7,500 salary to the office manager.

(g) Provide services to a client and collected Rs 30,000.

(h) Paid Rs 4,000 for the month's utilities.

(i) Paid supplier created in transaction (c).

(j) Purchase new office equipment by paying Rs 93,000 cash and trading in old equipment with a recorded cost of Rs 7,000.

(k) Completed services of a client for Rs 26,000. This amount is to be paid within 30 days.

(l) Received Rs 19,000 payment from the client created in transaction (k).

(m) Bobbie withdrew Rs 20,000 from the business.

Analyse the above stated transactions and open the following T- accounts

Cash, client, office supplies, motor car, building, land , long term payables, capital , withdrawals, salary, expense and utilies expense.

From the following transactions Prepare necessary ledger accounts in the books of Mr. Joshi and balance the same.

2011 July	1	Started Business with Cash Rs 8,000.
	4	Purchased goods on credit from Mr. Desmukh Rs 3,000 at 10% T.D.
	6	Cash Sales Rs 4,000 at 5% C.D.
	10	Paid Rent Rs 900.
	15	Cash Purchases Rs 800.
	20	Credit sales to Mr. Kulkarni Rs 2,700.
	22	Paid cash to Mr. Deshmukh Rs 2,700.
	23 31	Received cash from Mr. Kulkarni Rs 1,000. Paid wages Rs 500.

Bobby opened a consulting firm and completed these transactions during November, 2005:

(a)	Invested Rs 4,00,000 cash and office equipment with Rs 1,50,000 in a business called Bobbie Consulting.
(b)	Purchased land and a small office building. The land was worth Rs 1,50,000 and the building worth Rs 3,50,000. The purchase price was paid with Rs 2,00,000 cash and a long term note payable for Rs 8,00,000.
(c)	Purchased office supplies on credit for Rs 12,000.
(d)	Bobbie transferred title of motor car to the business. The motor car was worth Rs 90,000.
(e)	Purchased for Rs 30,000 additional office equipment on credit.
(f)	Paid Rs 75,00 salary to the office manager.
(g)	Provided services to a client and collected Rs 30,000
(h)	Paid Rs 4,000 for the month’s utilities.
(i)	Paid supplier created in transaction (c).
(j)	Purchase new office equipment by paying Rs 93,000 cash and trading in old equipment with a recorded cost of Rs 7,000.
(k)	Completed services of a client for Rs 26,000. This amount is to be paid within 30 days.
(l)	Received Rs 19,000 payment from the client created in transaction (k).
(m)	Bobby withdrew Rs 20,000 from the business.

Analyse the above stated transactions and open the following T-accounts:

Cash, client, office supplies, motor car, building, land, long term payables, capital, withdrawals, salary, expense and utilities expense.

From the following transactions prepare necessary ledger accounts and balance them.

2011 Jan.	1	Sachin started Business with Cash Rs 10,000 and Machinery Rs 15,000
	1	Purchased goods for cash Rs 3,000.
	3	Sold goods for cash Rs 4,000.
	5	Purchased furniture on credit from Poona Traders Rs 7,000.
	8	Purchased goods on credit from Mr. Dilip Rs 2,000 at 10% T.D.
	10	Sold goods on credit to Mr. Mahendra Rs 8,000 at 12.5% T.D.
	15	Paid Rent Rs 600.
	28	Withdraw cash for personal use Rs 1,000.
	20	Paid cash to Mr. Dilip Rs 1,800.
	25	Received cash from Mr. Mahendra Rs 6,800.
	31	Paid to Miss Sunita Rs 400 for salaries

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Which of these are not to be recorded in cash book

The correct option is A Sundry purchase of Rs. 1,000 to be paid after 3 monthsSundry purchase of Rs. 1,000 to be paid after 3 months doesnot involve any inflow or outflow of cash.

The correct option is A Sundry purchase of Rs. 1,000 to be paid after 3 months
Sundry purchase of Rs. 1,000 to be paid after 3 months doesnot involve any inflow or outflow of cash.