1.

Pass Journal entries in the books of Raghunath from the following transactions:-

1994
June 1 Raghunath started business with cash Rs. 80,000, Goods Rs. 40,000 and
Furniture Rs. 20,000
June 2 Sold goods to Nandlal of the list price of Rs. 20,000 at trade discount of 10%
June 4 Nandlal returned goods of the list price of Rs. 4,000
June 8 Received from Nanlal Rs. 14,150 in full settlement in his account.
June 10 Purchased goods from Brij Mohan of the list price of Rs. 10,000 at 15% Trade
discount
June 13 Returned goods to Brij Mohan of the list price of Rs. 1,000
June 16 Settled the account of Brij Mohan by paying cash, under discount of 4%
June 18 Purchased goods from Anil Rs. 5,000; Sunil Rs. 10,000.
June 19 Paid cash to Anil Rs. 1,900 and discount received Rs. 100
June 20 Paid Rs. 9,800 to Sunil in full settlement of his account.
June 20 Bought a ‘Table Fan’ for Rs. 1,200 for the domestic use of Raghunath.
June 25 Sold goods for cash of the list price of Rs, 8,000 at 10% trade discount and 3%
cash discount.
June 30 Paid Rent Rs. 800; Trade Expense Rs. 700 and Travelling Expenses Rs. 380.

Ans 1: JOURNAL OF RAGHUNATH

Date Particulars Amount Amount
Dr. Cr.
1994 Rs. Rs.
June 1 Cash A/c. Dr. 80,000
Purchases A/c. Dr. 40,000
Furniture A/c. Dr. 20,000
To Capital A/c 1,40,000
(For business started with Cash, Goods & Furniture)
June 2 Nandlal A/c. Dr. 18,000
To Sales A/c 18,000
(For goods sold less trade discount)
June 4 Sales Return A/c. Dr.
To Nandlal 3,600 3,600
(For goods returned by Nandlal Rs. 4,000 less 10%)
June 8 Cash A/c. Dr. 14,150
Discount A/c. Dr. 250
To Nandlal 14,400
(For cash received and discount allowed)
June 10 Purchases A/c Dr. 8,500
To Brij Mohan 8,500
(For goods purchased on credit)
June 13 Brij Mohan A/c. 850
Dr. 850
To Purchases Return A/c.
(For goods returned to Brij Mohan Rs. 1,000 less 15%)
 Brij Mohan A/c. 7500
June 16 Dr. 7344
To Cash A/c. 306
To Discount A/c.
(For cash paid and discount received)
June 18 Purchases A/c Dr. 15,000
To Anil A/c 5,000
To Sunil A/c 10,000
June 19 Anil A/c. Dr. 2,000
To Cash A/c 1,900
To Discount A/c 100
(For cash paid and discount received)
June 20 Sunil A/c. Dr. 10,000
To Cash A/c 9,800
To Discount A/c 200
(For cash paid to Sunil and discount received)
June 20 Drawings A/c Dr. 1,200
To Cash A/c 1,200
(For table fan bought for domestic use)
June 25 Cash A/c. Dr. 6,984
Discount A/c. Dr. 216
To Sales A/c. 7,200
(For goods worth Rs. 8,000 sold at 10% trade discount
and 3% cash discount)
2. The following balances appeared in the books of Vishal Stores on 1 st January 1994:-
Assets :- Cash Rs. 15,000; Bank Balance Rs. 5,000; Stock Rs. 40,000;
Furniture Rs. 3,600; Debtors Rs. 24,000 (X Rs. 6,000; Y Rs. 8,000 and Z Rs. 10,000).
Liabilities :– Bank Loan Rs. 10,000; Creditors- Rs. 12,500(Ajay Rs. 5,000,
Vijay Rs. 7,500)
Following transactions took place during 1994.
Jan 2 Bought goods from kailash for Rs. 20,000 at a trade discount of 10% and Cash
discount of 2%, Paid 60% amount immediately.
Jan 4 Sold goods to X for Rs. 9,000
Jan 5 Received Rs. 14,800 from X in full settlement of his account
Jan 6 Cash deposited into bank Rs. 10,000
Jan 8 Cheque received from Y for Rs. 7,850 in full settlement of his account. This
cheque was immediately deposited in bank.
Jan 10 Received a cheque from Z Rs. 2,000
Jan 12 Cheque received from Z deposited into bank
Jan 15 Cheque received from Y dishonoured
Jan 16 Cash sales Rs. 15,000; Out of this amount Rs. 12,000 deposited in bank
Jan 16 Amount due to Ajay paid by cheque
Jan 18 Old Newspaper sold Rs. 50
Old Furniture Rs. 750
Jan 20 Z became insolvent and 40 paise in a rupee could be received from his estate.
Jan 22 Purchased goods from Gopal and paid by cheque Rs. 8,000
Jan 24 Sold half of the above goods to Chanderkant at a profit of 30% on cost.
Jan 25 Proprietor withdrew for private use Rs. 2,000 from office and Rs. 3,000 from
bank.
Jan 31 Paid salary to Motilal by Cheque Rs. 2,000
Jan 31 Paid Rent by cheque Rs. 1,500
Jan 31 Paid trade expense Rs. 500.
Ans 2:
JOURNAL OF VISHAL STORES
Date Particulars L.F. Amount Amount
Dr. Cr.
1994 Rs. Rs.
Jan 1 Cash A/c. Dr. 15,000
Bank A/c. Dr. 5,000
Stock A/c. Dr. 40,000
Furniture A/c. Dr. 3,600
X Dr. 6,000
Y Dr. 8,000
Z Dr. 10,000
To Loan from Bank 10,000
5,000
To Vijay 7,500
To Capital (balancing figures) 65,100
(For assets and liabilities brought forward)
Jan 2 Purchases A/c. Dr. 18,000
To Cash A/c 10,584(1)
To Discount received A/c. 216
To Kailash 7,200
(For goods purchased and discount received)
X 9,000
Jan 4
Dr. 9,000
To Sales A/c.
(For goods sold on credit) 14,800
Jan 5
Cash A/c. Dr. 200
Discount allowed A/c. 15,000
Dr.
To X 10,000
Jan 6
(For cash received and discount allowed) 10,000
Bank A/c Dr.
To Cash A/c 7,850
Jan 8
(For cash deposited in bank) 150
Brij Mohan A/c. 8,000
Dr. 2,000
Jan 10
To Purchases Return A/c. 2,000
(For goods returned to Brij Mohan Rs. 1,000 less 15%)
Cash A/c. Dr. 2,000
Jan 12
To Z 2,000
(For cash received)
Bank A/c
Dr. 8,000
Jan 15
To Cash A/c 7,850
(For cheque received from Z now deposited into Bank) 150
 Y A/c. Dr. 3,000
To Bank A/c 12,000
Jan 16 To Discount received A/c 15,000
(For cheque dishonoured and discount withdrawn)
Bank A/c. Dr.
Cash A/c. Dr. 5,000
Jan 16 To Sales A/c 5,000
(For Cash Sales)
6,984
Jan 18 Ajay A/c. Dr. 216
To Bank A/c 7,200
(For cheque given to ajay)
Cash A/c. Dr. 3,200
Jan 20 To Miscellaneous Income A/c. 4,800
To Furniture 8,000
(For old newspapers and old furniture sold)
Cash A/c. Dr. 8,000
Jan 22 Bad Debts A/c. Dr. 8,000
To Z
(For cash received and bad debts written off. 5,200
Jan 24 Purchases A/c. Dr. 5,200
To Bank A/c.
(For goods purchased by cheque) 5,000
Jan 25 Chanderkant Dr. 5,000
To Sales A/c
(For goods sold on credit)
Drawings A/c Dr. 2,000
Jan 31 To Cash A/c. 1,500
To Bank A/c. 3,500
(For amount withdrawn for private use)
Salary A/c. Dr. 500
Jan 31 Rent A/c. Dr. 500
To Bank A/c
(For expenses paid by cheque)
Trade Expenses A/c. Dr.
To Cash A/c.
(For expenses paid in cash)
Total Rs. 2,10,600 2,10,600

Note (1)

Total Amount 20,000

Less 10% Trade Discount 2,000
18,000

Cash Purchases 60% of 18,000 10,800

Less : Cash Discount (2% of 10,800) 216
Amount paid 10,584
Cash purchases = 40% of 18,000 7,200
 3. Journalise the following transactions in the books of Dr. Chandan:-

(1) Biroo who owed Rs. 1,500 is declared Insolvent and 65 paise in a rupee is received
as final dividend from his estate.
(2) Sold goods to Kitty list price Rs. 2,000, Traders Discount 10% and cash discount
5%. He paid the amount on the same day and availed Cash Discount.
(3) Supplied goods costing Rs. 600 to Shakuntla, issued invoice at 10% above cost less
5% trade discount.

Ans 3:
JOURNAL OF Dr. CHANDAN
Date Particulars L.F. Amount Amount
Dr. Cr.
S.No. Rs. Rs.
(1) Cash A/c. Dr. 975
Bad-debts A/c. Dr. 525
To Birooo 1,500
(For cash received and bad debts written off)
(2) Cash A/c. , Dr. 1,710
Discount A/c. Dr. 90
To Sales A/c 1,800
(For goods of the list price of Rs. 2,000 sold at 10%
trade discount and 5% cash discount)
(3) Shakunla A/c Dr. 627(1)
To Sales A/c. 627
(For goods sold to Shankuntla at 10% above cost and
allowed 5% trade discount )

Note (1) Cost of goods 600

Add 10% of 600 60
660
Less : 660 x 5 33
100
____
627

4. Pass Journal Entries for the following :-

(1) Proprietor withdrew for his personal use cash Rs. 2,000 and goods worth Rs.
1,000.
(2) Goods for Rs. 5,000 were given away as Charity.
(3) Goods worth Rs. 2,500 were distributed as free samples.
(4) Goods worth Rs. 5,000 and cash Rs. 2,000 were stolen by an employee.
(5) Goods worth Rs. 10,000 were destroyed by fire.
Ans 4:
JOURNAL
Date Particulars L.F. Amount Amount
Dr. Cr.
S.No. Rs. Rs.
(1) Drawings A/c. Dr. 3,000
To. Cash A/c 2,000
To Purchases A/c 1,000
(For cash and goods taken away for personal use)
(2) Charity A/c. Dr. 5,000
To Purchases A/c 5,000
(For goods given as a charity)
(3) Free Samples A/c Dr. 2,500
To Purchases A/c. 2,500
(For goods distributed as free samples. )
Loss on theft A/c. Dr. 7,000
To Purchases A/c 5,000
To Cash A/c 2,000
(For Goods and Cash stolen by an employee)
Loss by fire A/c. Dr. 10,000
To Purchases A/c 10,000
(For goods destroyed by fire)

5. Pass Journal Entries for the following :-

1. Goods sold for cash to a customer for Rs. 5,000 and collected 8% sales tax
2. Purchased an Iron Safe for business for Rs. 10,0000.
3. Purchased filing cabinet for office use Rs. 4,000 and paid Rs. 20 as carriage on
it.
4. Purchased a portable typewriter from Radha Kishan & Co. for Rs. 8,000.
5. Purchased an electric fan Rs. 2,000
6. Purchased a Horse for business for Rs. 15,000.
7. Paid Rs. 500 for expenses on goods sold to Vijay. The amount is to be realized
by Vijay
8. Purchased post cards for Rs. 25; Envelopes for Rs. 50 and Stamps for Rs. 100
9. Purchased office stationary for Rs. 400
10. Gave a Charity – Cash Rs. 200: Goods Rs. 400 and Furniture Rs. 500.
11. Received an order of goods from Vishnu for Rs. 10,000 and received Rs. 2,000
as advance.
12. Paid cash to Y on behalf of X Rs. 6000.
Ans 5:
JOURNAL
Date Particulars L.F. Amount Amount
Dr. Cr.
S.No. Rs. Rs.
(1) Cash A/c. Dr. 5,400
To Sales A/c 5,000
To Sales Tax A/c 400
(For goods sold for cash and sales tax collected)
(2) Office Equipment A/c Dr. 10,000
To Cash A/c 10,000
(For Iron Safe purchased)
(3) Office Equipment A/c Dr. 4,020
To Cash A/c 4,020
(For filling cabinet purchased for Rs. 4,000 and cartage
paid on it Rs. 20)
(4) Office Equipment A/c Dr. 8,000
To Radha Krishan & Co A/c 8,000
(For portable typewriter purchased)
(5) Fixtures A/c Dr. 2,000 2,000
To Cash A/c
(For electric fan purchased)
(6) Live Stock A/c Dr. 15,000
To Cash A/c 15,000
((For a horse purchased for business)
(7) Vijay Dr. 500
To Cash A/c 500
(For expenses paid on behalf of Vijay)
(8) Postage A/c Dr. 175 175
To Cash A/c
(For Post Cards, envelopes and stamps purchased)
(9) Stationery A/c Dr. 400
To Cash A/c 400
(For stationery purchased for office use)
(10) Charity A/c Dr. 1,100
To Cash A/c 200
To Purchases A/c 400
To Furniture A/c 500
(For cash, goods and furniture given as Charity)
(11) Cash A/c(1) Dr.
To Advance from Vishnu 2,000
(For amount received as advance) 2,000
(12) 6,000
X(2) Dr.
6,000
To Cash A/c
(For cash paid to Y on behalf of X)

Note (1) In Transaction no. 11 no entry will be passed for receiving an order of Rs. 10,000. as on
transaction has been taken place for it.
 (2) In transaction no. 12, the account of X will be debited, as the payment has been made on his
behalf.

Theory Questions
7. Explain term „Book Keeping.
8. What is Account?
9. Distinguish between:
a) Book-keeping and Accountancy
b) Personal Accounts and impersonal Accounts
c) Real Accounts and Nominal Accounts
d) Single Entry system and Double Entry system
e) Cash system of Accounts and Accrual system of Accounts.
10. Discuss the principles of debit and credit of Accounts.
11. Explain Journal & its utility.
12. What is Ledger? What is a ledger Account?
13. Explain how a ledger account is balance? What is indicates by Debit or Credit balance?
14. “By sub-division of journal, there will be a division of labour”. Explain.
15. Which type of transactions will be recorded in sales Book and purchase Book.
16. What is cash Book? What are different types of cash book.
17. What do you mean by “Contra Entries” in the cash book with Cash & Bank columns?
18. What is the petty cash?
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1) Journalise the following transactions in the books of Ram for the month of March 2010.
March 1 Ram commenced business with cash Rs. 60,000.
2 Purchased furniture for Rs. 5,000.
4 Purchased goods for cash Rs. 2,000.
7 Bought goods from M/s. Raj & Co. for Rs. 4,000.
10 Sold goods costing Rs. 3,000 on cash.
15 Purchased stationery for office use Rs. 1,000.
19 Received cash Rs. 1,250 from Mr. Ketan in full settlement of his account for Rs. 1,500.
20 Paid salaries by cheque Rs. 1,500.
25 Introduced additional capital Rs. 20,000.
27 Paid to Raj Rs. 3,250 in full settlement of Rs. 3,500
29 Sold goods for Rs. 15,000 to Mr. Dohi.
31 Deposited Rs. 3,000 into the Bank. 
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2) Journalise the following transactions in the books of Mr. Shiva for the month of April 2010.
April 1 Started business with cash Rs. 25,000/-
6 Purchased goods worth Rs. 10,000/-
4 Deposited cash Rs. 3,000 into the Bank.
6 Purchased goods of Rs. 6,000 from M/s. Raju Trading Company.
9 Sold goods to Mr. Ramesh for Rs. 3,000.
12 Paid to M/s. Raju Trading Company Rs. 3,000.
15 Received Rs. 1,000 from Mr. Ramesh.
20 Paid salaries Rs. 1,000/- and paid commission Rs. 1,600/- in cash.
25 Bought stationery for office use Rs. 300.
27 Withdrew Rs. 2,500 from business for personal use.
29 Withdrew Rs. 4,000 from bank for office use.
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3) Journalise the following transactions in the journal of Mr. Anand for the month of February, 2010.
Feb 1 Borrowed from Bank @ 15% interest Rs. 20,000.
7 Purchased goods from Mr. Sam for Rs. 3,500.
8 Paid carriage and cartage Rs. 250
9 Sold goods on cash Rs. 3,000.
11 Paid Rs. 2,250 to Mr. Sam.
16 Purchased office furniture for Rs. 6,000.
19 Paid interest Rs. 450/- to Mr. Bank.
20 Paid salaries Rs. 6,000.
22 Cash sales Rs. 20,000.
26 Cash purchases Rs. 15,000
28 Paid Rs. 2,000 to Bank in part payment of loan.
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 4) Journalise the following transactions in the books of Mr. Vishal for the month of March, 2010.
Mar. 1 Vishal started business with cash Rs. 35,000, goods worth Rs. 10,000.
4 Opened bank account in the Bank of India by depositing Rs. 5,000.
4 Bought goods worth Rs. 6,000 @ 10% trade discount term.
7 Sold goods worth Rs. 3,000
9 Purchased furniture of Rs. 4,000 for office use and furniture of Rs. 1,000 for home use.
14 Withdrawn goods of Rs. 1,000 for self use.
17 Received Rs. 2,400 from Mr. Ravindra in full settlement of Rs. 2,450.
19 Paid salaries Rs. 500 to office clerk and paid electricity bill of Rs. 750 in cash.
24 Paid Mr. Raj Rs. 1,960 in full settlement of Rs. 2,000.
26 Paid insurance premium of Rs. 1,200 on the life of Mr. Vishal, a proprietor.
29 Cash sales Rs. 3,000.
30 Withdrew Rs. 4,000 from bank for office use. 
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5) Draft journal entries for the business transactions given below.
Apr. 1 Mr. Atul started business with cash Rs. 5,000/-, goods Rs. 7,500 and furniture Rs. 2,500/-
5 Purchased goods worth Rs. 4,500 from Mr. Kamalakar.
9 Cash sales Rs. 6,000
10 Purchased stationery for office use Rs. 500.
10 Paid to Mr. Kamalakar Rs. 4,350 in full settlement of Rs. 4,500.
13 Deposited Rs. 1,000 into the Bank.
16 Received Rs. 500 from Mr. Kiran.
19 Withdrawn Rs. 200 from business for self use.
23 Paid Rs. 150 for commission and paid Rs. 450 for rent.
27 Paid wages Rs. 600 in cash, and paid sundry expenses Rs. 200/- by cheque.
29 Borrowed Rs. 5,000 from wife for business purpose.
30 Cash purchases Rs. 1,000.
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6) On 1st July, 2010, Mr. X commenced business with cash Rs. 25,000, Bank balance Rs. 25,000,
Stock Rs. 43,000 & Computer Rs. 18,000.
July 2 Borrowed Rs. 20,000 from Mr. Y for business purpose.
6 Sold goods to Mr. Z for Rs. 10,000 @ 5% T.D.
7 Paid for business stationery by cheque Rs. 500.
7 Sold goods to Mr. A on credit Rs. 5,000.
9 Sold goods to Mr. B on cash Rs. 10,000 and amount deposited into the bank.
11 Received cheque from Mr. Z in payment for goods sold to him on 4th July less 5% C.D. and
deposited into the bank.
13 Mr. A paid us cash Rs. 4,900 for goods sold to him on 7th July.
15 Bought printer for Rs. 2,000 and amount paid by cheque.
18 Withdrawn Rs. 600 from Bank to pay insurance premium on the life policy.
19 Withdrawn goods of Rs. 500 from stock for private use.
22 Purchased second hand car for Rs. 15,000 for business purpose and amount paid by cheque.
25 Paid monthly wages Rs. 1,000 in cash.
26 Purchased 1,500 shares of M/s. ABC Co. Ltd. at Rs. 10 per share.
27 Transferred Rs. 10,000 from Current A/c to Fixed Deposit A/c.
28 Issued a cheque to chartered accountant for auditing Rs. 800.
30 Deposited into Bank Rs. 6,000. You are required to prepare three columns cash book and balance
the same.
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7) Record the following transactions in a cash book with cash, bank and discount columns and balance
the same.
Aug. 1 Mr. Arvind kumar started business with cash Rs. 30,000.
2 He opened a Current A/c into the city Co-operative Bank by depositing Rs. 20,000.
4 He received a cheque from Mr. Ram for Rs. 5,000 for goods sold to him, which was deposited in
Bank. 6 Paid by cheque an amount of Rs. 11,500 to Mr. Shah for goods purchased from him for Rs.
12,000 (cheque is issued for full settlement)
11 Bank informed that Ram cheque is dishonoured, and our account is debited by Rs. 50 for bank
charges. 17 Paid salaries Rs. 1,600, commission Rs. 1,000 and rent Rs. 1,000 by cheque.
18 Bank informed that our account is credited by Rs. 3,000 for receipt of dividend and debited our
account for payment of insurance premium for Rs. 1,600.
23 Purchased key board for Rs. 3,000 for home use and a computer for Rs. 40,000 for office use, total
amount paid by cheque.
24 Borrowed Rs. 7,500 from our business friend Mr. Sam for business purpose.
27 Bought stationery worth Rs. 500 for business purpose and fan for home use for Rs. 2,000. Both the
payments were made by cheques.
28 Mr. Kishor deposited Rs. 1,750 into our bank account directly.
29 Issued a cheque to Art & Creative Co. for advertisement Rs. 12,500/-
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8) Compile a Cash Book having cash, discount and bank columns from the following transactions for
the month of May, 2010 and balance the same.
May. 1 Cash in Cash Box Rs. 20,000 and Bank balance Rs. 25,000.
2 Deposited into the bank Rs. 7,500.
4 Cheque of Rs. 14,000 received from Mr. Arjun in full settlement of Rs. 15,000.
6 Mr. Arjun‟s cheque deposited into the bank along with cash Rs. 1,500/-
7 Amount of Rs. 1,000 directly deposited into the our Bank A/c by Mr. Anu.
9 Paid to M/s. Z and sons by cheque Rs. 1,090 and earned discount of Rs. 10.
12 Cash sales Rs. 2,520 and allowed cash discount of Rs. 30.
14 Cash purchases Rs. 6,000 and amount paid by issuing across cheque for the same amount.
16 Bank informed that Mr. Arjun‟s cheque is dishonoured and he is paid Rs. 13,500 immediately to
settle his account.
19 Purchased stationery for Rs. 250 and office furniture for Rs. 2,250.
20 Paid commission Rs. 1,000 and Staff salaries Rs. 1,000 through bank.
24 Withdrawn cash Rs. 750 from office for self use and cash Rs. 1,500 from bank for petty expenses.
26 Received a crossed cheque of Rs. 14,500 from Mr. Ashok.
28 Endorsed a cheque received from Mr. Ashok in favour of Mrs. Jani.
29 Borrowed from wife Rs. 20,000 for business purpose.
30 Mr. Ashok‟s cheque endorsed to Mrs. Jani was dishonoured.
31 Transferred Rs. 10,000 from Current A/c to Fixed Deposit A/c. 
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9) Prepare the three column cash book from the following details and balance the same. June 1 Cash
office Rs. 40,500/- and Overdraft Bank balance Rs. 16,600/-.
2 Purchased goods worth Rs. 15,000/- @ 10% T.D. and 5% C.D. from M/s. Randhir and Sons. 50% of
the amount paid immediately and balance after 15 days.
4 Bought office furniture for Rs. 15,000 and paid Rs. 12,500 as first installment.
6 Purchased stationery for office use costing Rs. 400.
7 Sold goods worth Rs. 20,000 @ 2% C.D. and amount deposited into Bank.
9 Received a cheque of Rs. 12,000 from Mr. Anand on account.
11 Deposited Mr. Anand‟s cheque into the Bank.
13 Paid Mr. Ramesh by cash Rs. 1,500 and by cheque Rs. 750 in full settlement of his account of Rs.
2,400.
14 Gave loan of Rs. 10,000 to wife by issuing cheque.
16 Cheque issued to Mr. Ramesh returned dishonoured and cash Rs. 1,000 paid to him.
18 Transferred Rs. 20,000 from Fixed deposit A/c. to Current A/c.
20 Withdrawn from bank cash Rs. 4,000 for office use and withdrawn from office cash Rs. 10,000 for
daughter‟s marriage.
22 Issued a cheque of Rs. 6,700 to M/s. Randhir and Sons and earned discount of Rs. 50.
25 Bank has debited our account by Rs. 550 for payment of insurance premium.
28 Issued a cheque of Rs. 2,500 for payment of salaries. Paid office rent Rs. 1,600 in cash.
29 Deposited into Bank all the cash in excess of Rs. 1,400.
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10) From the following information prepare cash book with cash, bank and discount column and
balance the Cash Book.
Mar. 1 Opening balance of cash Rs. 21,000 and at bank Rs. 16,000
3 Received from Jayant Rs. 12,900 and allowed discount Rs. 100.
5 Paid to Babar by cheque Rs. 2,910 in full settlement of their account for Rs. 2,930.
10 Sanjay deposited directly into our bank account Rs. 3,000.
15 Received a cheque of Rs. 2,000 for interest on investments which was deposited into the bank.
20 Drew cheque for personal use Rs. 5,000.
24 Paid salaries Rs. 2,250 and rent Rs. 4,000 by cheque.
26 Sold goods costing Rs. 18,000 at 25% profit on cost and received half the amount in cash and half
by cheque which is deposited into the bank.
28 Bank pass book shows that bank has debited our account by Rs. 200 for bank charges and credited
account by Rs. 1,000 for interest on investment.
30 Transferred Rs. 5,000 from savings account to current account.
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11) From the following details prepare three column cash book and balance the same.
Jan 1 Opening cash balance Rs. 20,000 and bank balance Rs. 25,000.
5 Received cash from Kaka Rs. 9,500 and allowed discount Rs. 500.
8 Received a cheque from Anil for Rs. 7,000 and immediately deposited into bank.
10 Paid to Suresh by cheque Rs. 3,000 for rent.
14 Paid salary by cash Rs. 3,000 and by cheque Rs. 10,000.
16 Received by cheque Rs. 14,000 and cash Rs. 6,000 from Nagori and deposited the same cheque
into the bank immediately.
20 Paid to Rakesh Rs. 4,000 by cash and Rs. 1,500 by cheque on account.
22 Paid to Narayan by cheque Rs. 4,500 and received discount Rs. 500.
25 Cash sales Rs. 20,000 at 5% C.D. 27 Cash purchases Rs. 20,000 at 5% C.D.
28 Paid to Nagori on account Rs. 5,000 by cheque.
29 Received from Arun Rs. 4,500 towards full settlement of Rs. 5,000.
30 Paid telephone bill by cheque Rs. 450. 
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12) Enter the following transactions in a three column cash book and balance the same.
May 1 Opening cash balance Rs. 30,000 and bank balance Rs. 42,500.
2 Cash purchases Rs. 20,000 at 3% C.D.
5 Cash sales Rs. 25,000 at 3% C.D.
9 Received cash from ABC Co. Rs. 5,900 and allowed discount Rs. 100.
11 Received a cheque from Delta Co. for Rs. 2,000 and deposited it into the bank immediately.
13 Paid rent by cash Rs. 1,000 and by cheque Rs. 5,000.
15 Paid to XYZ Co. Rs. 2,000 by cash and Rs. 4,000 by cheque.
18 Received cash Rs. 9,750 from Bata & Co. and allowed a discount of Rs. 250.
22 Deposited into bank Rs. 5,000.