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10.12                                                  Double Entry Book Keeping—CBSE XI

                     May  10  Cash sales ` 4,000.
                     May  11  Paid into bank ` 3,000.
                     May  15  Deepak paid into our bank account ` 1,000.
                     May  19  Issued a cheque to Modern Furniture House for furniture ` 2,000.
                     May  20  Received from Gopal ` 500 and discount allowed ` 50.
                     May  22  Withdrew from bank ` 200.
                     May  25  Cash purchases paid by cheque ` 800.
                     May  31  Paid salaries by cheque ` 1,200.
                                                       [Ans.: Cash in hand—` 2,700, Cash at bank—` 4,800.]
                       5.  Enter the following transactions in Cash Book with Cash and Bank Columns and balance
                        the Cash Book on 31st January 2024:
                     2024
                     Jan.   1  Balance of Cash in hand ` 400 and Bank overdraft ` 5,000.
                     Jan.   4  Introduced Cash ` 10,000 as further capital, of which ` 5,000 was deposited into the
                               Bank.
                     Jan.   5  Sold goods to Mohan for cash ` 3,000.
                     Jan.   6  Collected from Sanjay ` 8,000 by cheque and allowed him a discount of ` 200.
                     Jan.   8  Sanjay’s cheque deposited into Bank.
                     Jan.  10  Purchased goods for cash ` 2,000 and by cheque ` 3,000.
                     Jan.  11  Paid Ram ` 2,500 by cheque and discount received ` 100.
                     Jan.  12  Paid commission to an agent ` 500.
                     Jan.  15  Purchased stationery ` 2,000.
                     Jan.  16  Paid cartage ` 100.
                     Jan.  17  Drew a cheque for personal use ` 1,000.
                     Jan.  18  Cash sales ` 5,000.
                     Jan.  20  Collected from Deepak ` 4,000 in cash and deposited in the bank on the same day.
                     Jan.  23  Dividend received by cheque ` 100 and deposited into bank.
                     Jan.  28  Paid office salaries by cheque ` 2,000.
                     Jan.  31  Deposited cash into bank ` 7,000.
                                                      [Ans.: Cash Balance—` 1,800; Bank Balance—` 10,600.]
                       6.  Prepare Two-column Cash Book from the following transactions and balance the Cash Book
                        on 31st January, 2024:

                     2024                                 `    2024                                 `
                     Jan.   1  Cash in Hand              5,670   Jan.   17  Purchased a car and paid by cheque   47,990
                     Jan.   1  Cash at Bank            1,26,750   Jan.   17  Purchased goods for ` 5,000 and availed
                     Jan.   2  Deposited into Bank       5,000          Trade Discount of 10%. Cash Discount
                     Jan.   5  Received from A           7,900          of 2% was offered on immediate
                             and allowed discount         100           payment. The offer made was availed.
                     Jan.   7  Purchased Furniture                      Payment was made through cheque.
                             for cash                    2,500   Jan.   17  Paid by cheque to D and   3,670
                     Jan.   8  Paid to B by cheque and   7,450          received discount             30
                             received discount             50   Jan.   19  Withdrew from Bank for office use   2,500
                     Jan.   13  Received from C by cheque       Jan.   22  Purchased goods for cash   3,500
                             and deposited into Bank     5,000   Jan.   25  Paid Establishment
                     Jan.   15  Cash sales               7,850          expenses through Bank       4,500
                     Jan.   15  Deposited into Bank     10,000   Jan.   31  Paid rent in cash        500

                                                      [Ans.: Cash Balance—` 2,420; Bank Balance—` 76,230.]
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