Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Q2. Enter the following transactions in Triple Column Cash book with discount, cash and bank columns. (Marks: 5) Date Amount (Rs) 01-Mar-21 Cash in hand
Q2. Enter the following transactions in Triple Column Cash book with discount, cash and bank columns. (Marks: 5) Date Amount (Rs) 01-Mar-21 Cash in hand 15000 Cash at Bank 5000 03-Mar-21 Purchased goods for cash 6500 05-Mar-21 Deposited cash in the bank 5000 07-Mar-21 Cash Sales 10000 10-Mar-21 Cash withdrawn from bank for official use 2000 Received cheque from Raj after allowing him discount Rs. 13-Mar-21 750 and deposited the same date. 19250 15-Mar-21 Received cheque from Deepak 5000 18-Mar-21 Cheque received from Deepak deposited into the bank 20-Mar-21 Purchased goods from Chahen 2600 22-Mar-21 Paid to Chahen by cheque; received discount Rs. 100 2500 25-Mar-21 Withdrew from bank for personal use 1000 27-Mar-21 Sold goods to Mohan 10000 28-Mar-21 Received cheque from Mohan and deposited the same day 10000 30-Mar-21 Mohan's cheque retuned by bank dishonoured Received cheque from Ashok and deposited in bank the 31-Mar-21 same day 5000
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started