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Enter the following transactions in two Column cash book and find out the cash and bank balance∶ 2017 (₹) Jan. 1 Started business with cash 20,000 Jan. 2 Opened a current account with the S.B.I. 8,000 Jan. 3 Bought goods by cheque 150 Jan. 4 Received cheque from Ram 200 Jan. 5 Sold goods for cash 40 Jan. 7 Paid into bank: (i) Cash ₹ 30 (ii) Cheque ₹ 200 230 Jan. 8 Paid Shyam by cheque 345 Jan. 8 Paid carriage by cheque 180 Jan. 10 Drew cash from bank for office use 200 Jan. 30 Paid wages by cheque 60 |
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Answer» Enter the following transactions in two Column cash book and find out the cash and bank balance∶
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