Enter the following transactions in a Two Column Cash Book:- 20

Enter the following transactions in a Two Column Cash Book:- 2016 ₹ Dec. 1 Started business with cash 50,000 2 Pays into Bank 29,000 3 Received cheque from Raja & Co. 800 Discount allowed 20 5 Withdrew cash from bank for private use 240 10 Purchased goods for ₹ 1,00,000; IGST 18%; Payment made by Cheque 12 Sold goods for ₹ 1,50,000; Trade Discount 20%; IGST 18%; Payment received by Cheque 14 Received cheque from Kamla 395 Discount allowed 15 16 Kamla's cheque endorsed to Bala in full settlement of her account of ₹ 425 29 Paid rent by cheque 1,000 30 Deposited into bank, balance of cash in excess of 450

Answer» Enter the following transactions in a Two Column Cash Book:-

2016		₹
Dec. 1	Started business with cash	50,000
2	Pays into Bank	29,000
3	Received cheque from Raja & Co.	800
	Discount allowed	20
5	Withdrew cash from bank for private use	240
10	Purchased goods for ₹ 1,00,000; IGST 18%; Payment made by Cheque
12	Sold goods for ₹ 1,50,000; Trade Discount 20%; IGST 18%; Payment received by Cheque
14	Received cheque from Kamla	395
	Discount allowed	15
16	Kamla's cheque endorsed to Bala in full settlement of her account of ₹ 425
29	Paid rent by cheque	1,000
30	Deposited into bank, balance of cash in excess of	450