WORK SHEET -3 DUE DATE: 23.12.

2019

1. Enter the following transactions in a Cash Book.

2019 Rs.
March 1 Commenced business with cash 25,000
3 Bought goods for cash 10,000
3 Paid Carriage 200 4 Sold goods for cash Received from Ram 6,000
10 Received from Ram 1,000
12 Paid to Shiv Kumar 2,600
15 Cash Sales 8,400
18 Purchased Furniture for cash for office 5,000
20 Paid for Advertisement 500
20 Purchased goods from Mahesh on Credit 6,000
24 Paid to Mahesh 4,000
25 Paid Wages 400
27 Received from Commission 1,500
28 Withdrew for personel use 2,200
31 Paid salary 700
Ans. Cash Balance Rs. 16,300

2.Prepare a cash book from the following transactions of Mr. Gopal of Delhi.

2019 Rs.
April 1 Mr. Gopal commenced business with cash 8,000
April 3 He bought goods for cash 5,000
April 5 Sold goods for cash 100
April 6 Received cash from Mr. Lal 360
April 9 Paid into bank 3,000
April 13 Paid cash to Hari 215
April 16 Sold goods for cash 1,500
April 17 Paid for stationery 15
April 18 Paid for office furniture 185
April 21 Received from Mr. Kailash 680
April 22 Paid for advertising 90
April 25 Purchased postage stamps 20
April 28 Paid rent 100
April 30 Paid electricity charges 15
Ans. : Cash Balance Rs. 2,000

3. Cash Book from the following transactions given to you.

2019 Rs.
Mar 1 Mr. M. Lal commenced business with cash 8,500
Mar 2 Bought goods for cash 685
Mar 4 Paid Mr. Sohan Lal cash 145 Discount allowed 5
Mar 6 Deposited in bank 4,000 Mar 6 Paid for office furniture in cash 465
Mar 8 Sold goods for cash 3,000
Mar 12 Paid wages in cash 130
Mar 13 Paid for stationery 50
Mar 14 Sold goods for cash 2,500
Mar 16 Paid for miscellaneous expenses 65
Mar 19 Received cash from Mr. S. Chand 485 Allowed him discount 15
 WORK SHEET -3 DUE DATE: 23.12.2019

Mar 22 Purchased a radio set 250

Mar 22 Paid salary 300 Mar 25 Paid rent 100
Mar 28 Paid electricity bill 55
Mar 29 Paid for advertising 40
Mar 31 Paid into bank 4,500
Ans. Cash Balance Rs. 3,700./
4. Enter the following transactions in a Cash Book
2018 Rs.
Dec 1 Cash in Hand 15,000
Dec 2 Cash Sales 12,000
Dec 4 Received from X on Behalf of Y 4,000
Dec 7 Bought goods for cash 10,000
Dec 9 Paid to Som Pal 4,900 Discount Received 100
Dec 11 Received from Vijay Kumar 7,800 And discount allowed 200
Dec 15 Sold goods in cash 6,500
Dec 16 Sold goods to Kabir on credit, the terms being 2 ½ % cash discount , If payment is received
within one week 10,000
Dec 18 Paid Telephone expenses 450
Dec 20 Cash Purchase 9,000
Dec 21 Paid Cartage 200
Dec 22 Received cash from Kabir for the goods sold on 16 th Dec 1,880
Dec 23 Remmitted to Dharamvir and discount allowed by him 120
Dec 25 Received M.O. from Mohan 500
Dec 27 Borrowed from Mahabir 7,500
Dec 29 Received from Bhushan 3,900 Discount allowed 100
Dec 31 Received dividend on shares 400 Paid to Lalit Rs. 2,700 in full settlement of his account of
Rs. 3,000.
Ans. : Cash Balance Rs. 38,220
5.Enter the following transactions in the Cash Book .

2019
April
1 Balance of cash in hands Rs. 400 , overdraft at bank Rs. 5,000
4 Invested further capital of Rs. 10,000 out of which Rs. 6,000 deposited into the bank
5 Sold goods for cash Rs. 3,000
6 Received from Ghanshyam Rs. 8,000 ; discount allowed to him Rs. 200
10 Purchased goods for cash Rs. 5,500
11 Paid to Ram Vilas ,our creditor, Rs. 2,500; discount allowed by him Rs.65
13 Commission paid to our agent Rs. 530
14 Office furniture purchased from Keshav in cash Rs. 200
14 Rent paid Rs. 50
16 Drew cheque for personal use Rs. 850
17 Cash sales of Rs. 2,500.
18 Collection from Atul Rs. 4,000, deposited in the bank on 19 April
19 Drew from the bank for office use Rs. 500.
24 Dividend received by cheque Rs. 50, deposited in the bank on the same day
25 Commission received by cheque Rs. 230, deposited in the bank on 28th April
29 Drew from the bank for salary of office staff Rs. 1,500
29 Paid salary of the manager by cheque Rs. 500 30 Deposited cash in the banks Rs. 1,000
Ans. Cash Balance(Dr.) Rs. 8,610

6: Enter the following transactions in a Cash Book.

 WORK SHEET -3 DUE DATE: 23.12.2019

2019
Jan 1 Shyam started business with cash Rs.1,00,000.
Jan 2 He2000 deposited Rs. 30,000 into the bank.
an 5 He purchased furniture for office use for Rs. 10,000.
Jan 10 He purchased goods worth Rs. 12,000.
Jan 15 Sold goods for Cash worth Rs. 8,000.
Jan 20 Sold goods for cash worth Rs. 9,000.
Jan 25 Paid wages Rs. 500.
Jan 31 Withdrew cash for personal use Rs. 2,000.
Jan 31 Paid rent of Rs. 2,000, Salary Rs. 3,500.
Jan 31 Withdrew cash from bank for office use Rs. 5,000.

7. Enter the following transactions in the Cash Book of John & Co, post them into the cash book.
2019
March 1 Started business by introducing Capital in Cash Rs.2,40,000
March 2 Opened bank account with Indian Bank Rs.1,00,000
March 3 Purchased computer for office Rs. 40,000
March 4 Purchased office furniture Rs. 20,000
March 5 Purchased goods Rs. 50,000
March 7 Purchased goods of list price Rs. 20,000 at 10% Trade Discount. March 15 Sold Goods for
Cash Rs. 30,000
March 18 Sold goods of the list price of Rs. 15,000 at 5% trade discount. March 25 Paid wages Rs.
1,000
March 26 Sold goods Rs. 2,000
March 29 Sold goods Rs. 5,000
March 31 Paid- Rent Rs. 5,000
March 31 Salary Rs. 5,000
March 31 Withdrew Cash for office use Rs. 7,000

8 : Fair Deals had an opening balance of Cash Rs. 21,340 on 1.1.2019. The following transactions
took place in the month of January. Enter these transactions in a cash book.
2019
Jan 1 Received cash from Bobby Rs.5,070 and allowed him discount Rs. 30. Jan 2 Paid to Zahir Cash
Rs. 3,980 and he allowed discount Rs. 20.
Jan 8 Cash Sales of Rs. 10,000.
Jan 9 Cash purchases of Rs. 15,000.
Jan 12 Paid to Vikram Rs. 14,900 in full settlement of his account of Rs. 15,000.
Jan 17 Received from Munish Rs. 7,490 in full settlement of his account which had a debit balance of
Rs. 7,500.
Jan 19 Purchased on credit from Rajan goods worth Rs. 2,000.
Jan 20 Sold goods to Ravi on credit worth Rs. 3,000.
Jan 25 Paid to Rajan Rs. 1,950 in full settlement of his claim.
Jan 26 Received from Ravi Rs. 2,990 and allowed him discount of Rs. 10.
Jan 31 Withdrew cash from bank for office use Rs. 14,000.
Jan 31 Withdrew cash for personal use Rs. 5,000.
Jan 31 Paid telephone bill of Rs. 2,000; Rent Rs. 6,000 and Salary Rs. 9,000.

9 : Enter the following transactions in the Cash Book of M/s Kalu Ram and Sons.
2019 Rs.
April 1 Opening balance 8,950
April 1 Paid to Karim 500
 WORK SHEET -3 DUE DATE: 23.12.2019

April 3 Received from Koshi 4,000 Discount allowed to him 10

April 4 Cash Sales 16,000
April 7 Paid for stationery 200
April 10 Received from Dina Nath in full settlement of his account of 520 Rs. 530
April 15 Paid to Gopal 1,980 Discount allowed by him 20
April 18 Purchased goods for cash on list price at 5% trade discount 4,000 April 20 Purchased goods
on credit from Vakil 6,000
April 22 Purchased goods from Khushal on list price at 10% Trade Discount 6,000
April 26 Paid to Vakil in full settlement of his claim 5,790
April 27 Withdrew cash from bank for office use 2,000
April 28 Withdrew for personal use 200
April 29 Sold goods to Sunil 2,700
April 30 Paid rent 6,000 Salary 2,000
April 30 Received from Sunil on account Any income should also be taken as a transaction.

10: Enter the following transaction in a cash book of M/s Ram Krishan for the month of Jan. 2019.
2019 Rs.
Jan 1 Opening balance Cash Dr 7,850 Bank Cr 3,000
Jan 2 Sold goods for cash 5,000
Jan 3 Deposited cash into bank 10,000
Jan 4 Received cheque from Ashok 9,000 Discount allowed 50
Jan 5 Cheque received from Ashok Deposited into bank
Jan 6 Paid to Ravi by Cheque 2,000 He allowed discount 10
Jan 11 Sold goods for cash 7,300
Jan 11 Paid to Mohan 400
Jan 11 Received cheque from Vinod 7,000 Discount allowed to him 60
Jan 11 Cheque received from Vinod Endorsed in favour of Gopal In full settlement of his claim 7,100
Jan 11 Purchased goods for cash 2,400
Jan 13 Kumar who owned us Rs.8,000 paid 90 paise in a rupee
Jan 14 Received cheque from Karan and banked immediately 15,400 Discount allowed to him 100
Jan 18 Withdrawn Cash from Bank 10,000
Jan 20 Withdrawn cash for personal use 5,000
Jan 25 Cash sales 18,000
Jan 26 Deposited cash into bank 7,000
Jan 27 Sold goods for cash to Sant 6,000
Jan 29 purchased goods and issued cheque 3,000
Jan 30 Received cheque from Balwant and sent to bank immediately 10,000 Discount allowed
to him 500
Jan 31 Withdrawn cash from bank 9,000
Jan 31 Paid Salary 2,000 Rent 3,000