Question

Without Goods and Services Tax (GST)
Enter the following transactions of Mr. Ripinder, Delhi in a Single Column Cash Book and balance it:

2018			₹
Jan 1	Ripinder started business with capital		2,00,000
Jan 2	Purchased furniture for cash		50,000
Jan 3	Purchased goods for cash		30,000
Jan 5	Paid freight		500
Jan 7	Sold goods for cash		28,000
Jan 10	Paid to Ramesh		20,000
Jan 15	Sold goods for cash		10,000
Jan 20	Paid wages		10,000
Jan 25	Purchased goods from Raj on credit		20,000
Jan 31	Paid rent by Cheque		5,000

Answer 1

Cash Book
Dr.									Cr.
Date		Particulars	L.F.	Cash (₹)	Date	Particulars	L.F.	Cash (₹)
2018					2018
Jan 01		Capital A/c		2,00,000	Jan 02	Furniture A/c		50,000
Jan 07		Sales A/c		28,000	Jan 03	Purchases A/c		30,000
Jan 15		Sales A/c		10,000	Jan 05	Freight A/c		500
					Jan 10	Ramesh A/c		20,000
					Jan 20	Wages A/c		10,000
					Jan 31	Balance c/d		1,27,500
				2,38,000				2,38,000