PROBLEM 7. Enter the following transactions in a Cash Book with Discount, Cash and Bank Columns and Balance the Cash Book on 30th September. Sept. 1 Balance of cash on hand Rs. 400 and Bank Overdraft Rs. 5,000. 4 Introduced cash Rs. 10,000 as further capital of which Rs. 5,000 was deposited into Bank. 965 Sold goods for cash Rs. 3,000. 6 Collected from Xaviour Rs. 8,000 by cheque and allowed him a discount of Rs. 200. Deposited the same on the day. Purchased goods for cash Rs. 2,000 and by cheque Rs. 3,000. 11 Paid Ram Rs. 2,500 by cheque and discount received Rs. 100. Paid commission to an agent Rs. 500. 15 Purchased office furniture by cash Rs. 2,000. 16 Paid Rent Rs. 100 17 Drew a cheque for personal use Rs. 1,000. 18 Cash Sales Rs. 5,000. 20 Collected from Yogi Rs. 4,000 in cash and deposited into Bank on the same day. 10 12 23 28 29 Dividend received by cheque Rs. 100 and deposited into Bank. Paid office salaries by cheque Rs. 2,000. Deposited cash into Bank Rs.7.000