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Determine the missing values of the Cash Book with Bank Column of Poushli on the basis of following transactions: {:(2019,,,Rs.),("March",1,"Cash in Hand",2","20","000),(,,"Cash at Bank",60","000),("March",3,"Deposited in Bank",80","000),("March",4,"Good purchased and issued a cheque for the same",34","000),("March",7,"Cash purchases",16","000),("March",8,"Paid Commission by cheque",12","000),("March",9,"Withdrew from bank for personal use",2","500),("March",12,"Received from Ved in full settlement of his account of Rs.60,000, half of the amount was deposited into bank on the same day",),("March",16,"Interest collected by Bank",14","000),("March",20,"Cash Sales",42","000),("March",22,"Goods sold to Mona & Co.",40","000),("March",23,"Received cheque from Mona & Co. after discount of" Rs.300,36","000),("March",26,"Deposited to cheque received from Mona & Co.into Back",35","700):} |
Answer» <html><body><p></p>Solution :<img src="https://d10lpgp6xz60nq.cloudfront.net/physics_images/TSG_ACC_XI_C10_E01_063_S01.png" width="80%"/> <br/> Notes: <br/> 1. Goods sold to Mona & Co. on <a href="https://interviewquestions.tuteehub.com/tag/22nd-294772" style="font-weight:bold;" target="_blank" title="Click to know more about 22ND">22ND</a> March, 2019 is not recorded in Case <a href="https://interviewquestions.tuteehub.com/tag/book-900767" style="font-weight:bold;" target="_blank" title="Click to know more about BOOK">BOOK</a>, it being a credit sales. <br/> 2. Cheque received from Mona & Co. for Rs. 35,700 on 23rd March, 2019 will be recorded in the joumal Proper. <br/> `{:("Cheque in Hand A/C",...Dr,Rs.35","700),("Discount <a href="https://interviewquestions.tuteehub.com/tag/allowed-857944" style="font-weight:bold;" target="_blank" title="Click to know more about ALLOWED">ALLOWED</a> A/c",...Dr,Rs.300),("To mona & Co.",,Rs.36","000):}` <br/> When the cheque is deposited into <a href="https://interviewquestions.tuteehub.com/tag/bank-13461" style="font-weight:bold;" target="_blank" title="Click to know more about BANK">BANK</a> (26th March, 2019) it will be recorded in the Bank column on the <a href="https://interviewquestions.tuteehub.com/tag/debit-945425" style="font-weight:bold;" target="_blank" title="Click to know more about DEBIT">DEBIT</a> side of Cash Book.</body></html> | |