Prepare a Two Column Cash Book from the following transactions∶−

Prepare a Two Column Cash Book from the following transactions∶− 2016 May 1 Cash at office ₹ 72. Bank overdraft ₹ 1,250. 4 Received from Prem Chand a cheque for ₹ 1,875 in full settlement of his account of ₹ 1,900. The cheque was banked on the same day. 5 Bought goods and paid by cheque ₹ 500. 6 Narinder settled his account of ₹ 700 by a cheque. This was banked on the same day. 9 Paid to Manohar Lal by a cheque for ₹ 420. Discount received ₹ 80. 12 Cash sales to date ₹ 400 of which ₹ 300 were banked. 17 Sold old typewriter for cash ₹ 320. 20 Received a cheque for ₹ 400 from Naresh in full settlement of his account of ₹ 460. The cheque is endorsed to Suresh on 24th May in full settlement of his account of ₹ 420. 25 Received a cheque from Hari Prakash for ₹ 150. The cheque is endorsed to Raj Prakash on 27th May; Discount received ₹ 30. 28 Withdrew from Bank for office use ₹ 100 and for personal use ₹ 100. 29 WIthdrew (from office) for payment of private bills ₹ 425. 30 Paid by cheque salaries ₹ 160 and rent ₹ 100. 31 Bank charges as per Pass Book ₹ 5.

Answer» Prepare a Two Column Cash Book from the following transactions∶−

2016
May 1	Cash at office ₹ 72.
	Bank overdraft ₹ 1,250.
4	Received from Prem Chand a cheque for ₹ 1,875 in full settlement of his account of ₹ 1,900. The cheque was banked on the same day.
5	Bought goods and paid by cheque ₹ 500.
6	Narinder settled his account of ₹ 700 by a cheque. This was banked on the same day.
9	Paid to Manohar Lal by a cheque for ₹ 420. Discount received ₹ 80.
12	Cash sales to date ₹ 400 of which ₹ 300 were banked.
17	Sold old typewriter for cash ₹ 320.
20	Received a cheque for ₹ 400 from Naresh in full settlement of his account of ₹ 460. The cheque is endorsed to Suresh on 24th May in full settlement of his account of ₹ 420.
25	Received a cheque from Hari Prakash for ₹ 150. The cheque is endorsed to Raj Prakash on 27th May; Discount received ₹ 30.
28	Withdrew from Bank for office use ₹ 100 and for personal use ₹ 100.
29	WIthdrew (from office) for payment of private bills ₹ 425.
30	Paid by cheque salaries ₹ 160 and rent ₹ 100.
31	Bank charges as per Pass Book ₹ 5.