1.

2. Record the following transaction in the Two Column (Cash and Bank) Cash book of Rajesh Lal. [8]1 April,2019 Bank OverdraftCash in hand ₹15000₹800003 April,2019 Goods purchased and paid by cheque ₹250005 April,2019 ₹20000 Goods sold at 20% profit and paymentreceived by cheque from Mohit. 6 April,2019 Mohit’s Cheque Deposited in bank. 8 April,2019 Charge Depreciation on furniturePaid Wages and Salary ₹6000₹800012 April,2019 Goods purchased on credit from Rohit ₹10000018 April,2019 Bank Loan paidBank Loan Interest Paid ₹5000₹100022 April,2019 Payment received from Rohit after deduction of5% Discount in cash 24 April,2019 Rohit’s payment deposited in bank

Answer»

Explanation:

Record the following transaction in the Two Column (Cash and Bank) Cash book of Rajesh Lal. [8]1 April,2019 Bank OverdraftCash in hand ₹15000₹800003 April,2019 Goods purchased and paid by CHEQUE ₹250005 April,2019 ₹20000 Goods sold at 20% profit and paymentreceived by cheque from Mohit. 6 April,2019 Mohit’s Cheque Deposited in bank. 8 April,2019 Charge Depreciation on FURNITUREPAID Wages and Salary ₹6000₹800012 April,2019 Goods purchased on credit from Rohit ₹10000018 April,2019 Bank Loan paidBank Loan Interest Paid ₹5000₹100022 April,2019 Payment received from Rohit after DEDUCTION of5% Discount in cash 24 April,2019 Rohit’s payment deposited in bank



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