Page 67 - debkxi

10.8 Double Entry Book Keeping—CBSE XI

Solution: In the Books of Abhishek
Dr. TWO COLUMN CASH BOOK Cr.
Date Particulars L.F. Cash (`) Bank (`) Date Particulars L.F. Cash (`) Bank (`)

2024 2024
Jan. 1 To Capital A/c 2,00,000 18,00,000 Jan. 10 By Ratan & Co. ... 33,000
Jan. 7 To Cheques-in- Jan. 25 By Bank A/c C 45,000 ...
Hand A/c ... 60,000 Jan. 27 By Purchases A/c ... 27,500
(Kirti & Co.) Jan. 30 By Sundry Exp. A/c 5,000 ...
Jan. 12 To Tripathi & Co. ... 47,500 Jan. 31 By John & Co. 37,500 ...
Jan. 20 To Manoj 9,600 ... Jan. 31 By Rent A/c ... 20,000
Jan. 25 To Cash A/c C ... 45,000 Jan. 31 By Drawings A/c ... 25,000
Jan. 25 To Cheques-in- Jan. 31 By Salaries A/c ... 30,000
Hand A/c ... 55,000 Jan. 31 By Cash A/c C ... 40,000
Jan. 31 To Bank A/c C 40,000 ... Jan. 31 By Stationery A/c 2,500 ...
Jan. 31 To Commission Jan. 31 By Purchases A/c 12,500 ...
Received A/c ... 50,000 Jan. 31 By Commission A/c ... 30,000
Jan. 31 To Sales A/c 45,000 ... Jan. 31 By Furniture A/c ... 1,40,000
Jan. 31 By Balance c/d 1,64,600 17,39,500
2,94,600 20,57,500 2,94,600 20,57,500
Feb. 1 To Balance b/d 1,64,600 17,39,500

JOURNAL
Date Particulars L.F. Dr. (`) Cr. (`)

2024
Jan. 4 Cheques-in-Hand A/c ...Dr. 60,000
To Kirti & Co. 60,000
(Being the cheque received not yet deposited)

Jan. 10 Ratan & Co. ...Dr. 2,000
To Discount Received A/c 2,000
(Being the discount received from Ratan against payment of ` 33,000)
Jan. 15 Cheques-in-Hand A/c ...Dr. 45,000
Discount Allowed A/c ...Dr. 3,500
To Warsi 48,500
(Being the cheque received of ` 45,000 from Warsi and allowed him discount)
Jan. 20 Manoj ...Dr. 19,600
To Sales A/c 19,600
(Being the sales made)
Jan. 20 Cheques-in-Hand A/c ...Dr. 10,000
To Manoj 10,000
(Being the cheque received)
Jan. 30 John & Co. ...Dr. 3,500
To Discount Received A/c 3,500
(Being the discount received from John & Co. against payment of ` 37,500)