10. Enter the following transactions in a cash book with cash and bank columns for the month of April, 2011 2011 Apr. 1 2 5 6 9 12 15 17 20 22 24 27 28 30 Answer: > Answer: Closing cash balance: Rs. 9,577 Closing bank balance: Rs. 24,425 11. Enter the following transaction in a cash book with cash and bank column for the month July, 2011: 2011 July 1 2 4 7 9 12 15 18 20 Started business with cash Rs. 30,000 Opened a current account with bank and deposited Rs. 9,000 Received Rs. 4,850 for cash sales and discount allowed Rs. 50 Purchased goods of Rs. 3,000 at 10% cash discount, half the amount was paid cash and remaining by cheque Received a crossed cheque for Rs. 7,775 from Megha Association and discount allowed Rs. 25 Purchased machinery of Rs. 13,300 and paid for installation Rs. 700 Received a bearer cheque of Rs. 737 from Rahul in settlement of his account Rs.. 800. Deposited into the bank Rs. 2,000 Transferred Rs. 8,000 from proprietor's saving account to current account. Received a bearer cheque from Vinod Rs. 2,230 Deposited the cheque received from Vinod into the Bank. Bank informed that cheque received from Vinod is dishonoured. Paid for printing bill book Rs. 660 Withdrew from bank for office use Rs. 1,000 (P) Cheque received on 9 July 2011 deposited into the bank. Withdrew from bank for office use Rs.. 7,000. 20 Received a crossed cheque from Prabhu for Rs. 4,670 in full settlement of his account Rs. 4,700 27 Introduced additional capital Rs. 15,000 and deposited the same into the bank. Received a cheque for dividend Rs. 6,245 28 29 Paid electricity bill Rs. 2,000 and telephone bill Rs. 4,100 30 Bank balance Rs. 46,190 Cash in Hand Rs. 23,000, Bank Balance Rs. 14,000 Cash sales Rs. 8,500 at 10% trade discount. Purchased goods for cash Rs. 10,000 at 10% trade discount and 5% cash discount. Half the amount was paid in cash remaining by cheque. Deposited into bank Rs. 8,000 Received on a account a bearer cheque from Sameer for Rs. 9,550 and discount allowed to them Rs. 25 Sold goods for cash Rs. 8,000 at 4% trade discount. Paid Life Insurance Premium Rs. 3,225 Cash balance Rs. 23,730 (P)