Enter the following transactions into Double column cash book and balance it (Narrations not required): 2007 Rs.

Question:

Enter the following transactions into Double column cash book and balance it

(Narrations not required):

2007 Rs.

April, 1 Capital invested in business 1,20,000

“ 2 Opened current account and deposited in bank 40,000

“ 2 Deposited in fixed deposit account 20,000

“ 3 Safe purchased and paid by cheque 12,000

“ 7 Cheque received from Bihari and deposited in bank 6,000

“ 8 Fan purchased 3,500

“ 10 Cash sales 8,000

“ 15 Received a cheque from Raman and deposited it in bank 3,500

“ 20 Purchased goods from Narendra (Cash) 8,500

“ 25 Withdrawn from the bank for the following purpose:

(i) Personal use Rs. 2,600

(ii) Wages Rs. 2,000 4,600

“ 28 Raman’s cheque was dishonoured and bank charged Rs. 20 for expenses

“ 30 Paid to petty cashier 1,000

“ 30 Sold goods to Shri Ram on credit 4,500

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