Enter the following transactions in the Cash Book with Cash and Bank C

Enter the following transactions in the Cash Book with Cash and Bank Columns∶− 2016 June 1 Balance of Cash in Hand ₹ 12,000; Overdraft at Bank ₹ 1,500. 2 Deposited into Bank ₹ 10,000. Sold goods for Cash ₹ 28,000 and paid half the proceeds into Bank. 3 Purchased goods for ₹ 7,000 from Manoj & Co. on Credit. 5 Received a Money Order from Suresh ₹ 500. 8 Received ₹ 2,800 from Govind. Paid ₹ 1,000 into Bank. 10 Received a cheque for ₹ 7,600 from Subhash in full settlement of ₹ 8,000 due from him. 12 Settled the account of Manoj & Co. by payment of ₹ 6,600 half Cash and half by cheque. 13 Cheque received from Subhash deposited into Bank. 15 Paid for purchase of Machinery by cheque ₹ 20,000. 16 Paid wages for the erection of above Machinery ₹ 1,000. 17 Cheque issued for ₹ 6,000 in favour of Sachdeva & Co. for purchase of furniture. 20 Purchased goods from Kalpna Garments for ₹ 10,500 on credit. Received a Bank Draft for ₹ 4,800 from Damodar & Co. in full settlement of ₹ 5,000 due from them. Sent the draft to bank. 24 Bank issued a draft for ₹ 10,000 in favour of Kalpna Garments on our request. Bank charged ₹ 25 for issuing the draft. Account of Kalpna Garments was fully settled. 26 Drew from bank for petty cash ₹ 100. 28 Paid salary by cheque ₹ 6,000. 30 Bank Charges ₹ 50 and Interest ₹ 1,620 charged by bank. Deposited into bank the entire balance after retaining ₹ 4,000 at office

Answer» Enter the following transactions in the Cash Book with Cash and Bank Columns∶−

2016
June 1	Balance of Cash in Hand ₹ 12,000; Overdraft at Bank ₹ 1,500.
2	Deposited into Bank ₹ 10,000.
	Sold goods for Cash ₹ 28,000 and paid half the proceeds into Bank.
3	Purchased goods for ₹ 7,000 from Manoj & Co. on Credit.
5	Received a Money Order from Suresh ₹ 500.
8	Received ₹ 2,800 from Govind. Paid ₹ 1,000 into Bank.
10	Received a cheque for ₹ 7,600 from Subhash in full settlement of ₹ 8,000 due from him.
12	Settled the account of Manoj & Co. by payment of ₹ 6,600
	half Cash and half by cheque.
13	Cheque received from Subhash deposited into Bank.
15	Paid for purchase of Machinery by cheque ₹ 20,000.
16	Paid wages for the erection of above Machinery ₹ 1,000.
17	Cheque issued for ₹ 6,000 in favour of Sachdeva & Co. for purchase of furniture.
20	Purchased goods from Kalpna Garments for ₹ 10,500 on credit.
	Received a Bank Draft for ₹ 4,800 from Damodar & Co. in full settlement of ₹ 5,000 due from them. Sent the draft to bank.
24	Bank issued a draft for ₹ 10,000 in favour of Kalpna Garments on our request. Bank charged ₹ 25 for issuing the draft. Account of Kalpna Garments was fully settled.
26	Drew from bank for petty cash ₹ 100.
28	Paid salary by cheque ₹ 6,000.
30	Bank Charges ₹ 50 and Interest ₹ 1,620 charged by bank.
	Deposited into bank the entire balance after retaining ₹ 4,000 at office