NEW ERA PUBLIC SCHOOL, SECTOR – 25, DWARKA

WORKSHEET – CASH BOOK

₹
2022
January 1 Cash in hand 70,000
Bank overdraft 50,000
January 4 Sold goods for Cash 50,000
January 5 Cash deposited into bank 80,000
January 6 Purchased goods from Meena 30,000
January 7 Cheque issued to Meena in full settlement 28,800
January 8 Withdrawn from bank for personal use 5,000
January 12 Sold goods to Ajay and cheque received from him 25,000
January 17 Cheque received from Ajay deposited into bank
January 20 Bank charges 500
January 22 Interest charged by bank 2,500
January 23 Received cash from Ramesh 28,000
January 28 Paid Sunita’s life insurance premium by cheque 15,000
January 30 Deposited into bank the entire balance after retaining ₹5,000 cash in business.
[ Bank Balance ₹ 66,200]

2. Enter the following transactions in a Cash Book with Cash and Bank Columns. Also pass necessary entries
in the Journal.

2018 ₹
Jan. 1 Bank overdraft 12,000
Cash-in-hand 2,300
5 Purchased goods for ₹40,000; Trade Discount 15%; IGST 12%; Payment made by
cheque.
6 Sold goods for ₹30,000; Trade Discount 10%; IGST 12%; Payment
received by cheque.
7 Cheque received from S. Nair 4,000
Discount allowed 200
Cheque received from S. Nair deposited in bank
12 Cheque paid to Radha 2,500
and discount received 50
15 S. Nair’s cheque dishonoured
20 Money withdrawn from bank for office use 3,400
23 Fees of children paid by cheque 75
25 Cheque received from Hira and endorsed it to Sunita on 27th Jan. 4,500
 NEW ERA PUBLIC SCHOOL, SECTOR – 25, DWARKA

27 Bank charges 20
31 Paid into Bank the entire balance after retaining ₹700 at office.
[ Bank Balance ₹20,835]
3. Prepare Two Column Cash Book from the following transactions and balance the book on 31 st Jan., 2022

2022
Jan. 1 Cash in hand ₹ 50,000; Bank overdraft ₹ 1,90,000.
Jan. 2 Purchased goods from Rajesh Kumar of the list price of ₹ 50,000 at 5% trade discount and
payment madeforby₹80,000
cheque.and payment received by cheque. Cheque deposited into Bank on same
Jan. 6 Goods sold
day.
Jan. 10 Goods purchased for cash ₹ 19,800.
Jan. 15 Furniture sold for ₹ 1,77,000 and payment received by cheque & cheque deposited into Bank on
same day.
Jan. 18 Salaries paid ₹4,500.
Jan. 21 Settled the amount due to Ram ₹2,000 by paying cash ₹ 1,910.
Jan. 22 Cash received from Jai ₹ 14,780 in full settlement of his account of ₹ 15,000.
Jan, 23 Paid Life Insurance premium ₹ 1,500.
Jan. 31 Deposited with bank the entire balance after retaining ₹7,000 cash in hand.
[Ans. Cash in Hand ₹7,000; Bank Balance ₹49,570]
4. Enter the following transactions in the Cash Book with Cash and Bank Columns :—

2022 ₹
June 1 Cash in hand 800
Bank Overdraft 5,700
7 Received a cheque from Bharti 3,250
9 Deposited the above cheque into bank
12 Paid to Bhavana by cheque 2,425
15 Bharti’s cheque returned dishonoured
20 Withdrew from Bank for office use 250
25 Cheque received from Panna Lai and endorsed it in favour of Kamal
on 28 th June 1,200
30 Income Tax paid by cheque 150
30 Bank charges 25
[Ans. Cash in hand ₹ 1,050; Bank Overdraft ₹8,550.]
5. Enter the following transactions in the Two Column Cash Book of Mr. Mohan:—

2022 ₹
Jan. 1 Cash in Hand 2,200
Cash at Bank 50,000
3 Purchased goods for ₹75,000; Trade Discount 20%; CGST 6%, SGST 6%;
4 Payment made
Sold goods forby₹40,000;
Cheque Trade Discount 15%; 1GST 12%; Payment received by
5 Cheque
Received a cheque from Naresh 1,000
8 Cheque received from Naresh endorsed to Suresh in full settlement of his account
10 ₹ 1,050
ofPaid Life Insurance premium of Mr. Mohan 100
 NEW ERA PUBLIC SCHOOL, SECTOR – 25, DWARKA

13 Received a cheque from Pawan in frill settlement of his account of ₹750. 700
16 Pawan’s cheque returned dishonoured by bank
20 Deposited into Bank, balance of Cash in excess of ₹250
[Ans. Cash Balance ₹250; Bank Balance ₹22,730]
6. Enter the following transactions in a Two Columnar Cash Book :—

2022 ₹
Dec. 1 Started business with cash 50,000
2 Pays into Bank 29,000
3 Received cheque from Raja & Co. 800
Discount allowed 20
5 Withdrew cash from bank for private use 240
10 Purchased goods for ₹ 1,00,000; IGST 18%; Payment made by Cheque
12 Sold goods for ₹1,50,000; Trade Discount 20%; IGST 18%; Payment received by
14 Cheque
Received cheque from Kamla 395
Discount allowed 15
16 Kamla’s cheque endorsed to Bala in full settlement of her account of ₹425
29 Paid rent by cheque 1,000
30 Deposited into bank, balance of cash in excess of 450
[Ans. Cash Balance (Dr.) ₹450; Bank Balance (Dr.) ₹72,710 ]
7. Compile a Two Column Cash Book from the following transactions of Mancirat Garments :—

2022
Feb. 1 Cash in hand ₹7,500; Cash at bank ₹8,000.
3 Received a cheque of ₹5,880 for cash sales. Cheque was immediately deposited into bank.
5 Received two cheques from Kalpna each of ₹ 10,000.
6 First cheque received from Kalpna is endorsed to Sunita in full settlement of ₹ 10,200.
8 Second cheque
cheque isreceived
sent to bank
fromfor collection.
Kalpna is returned as dishonoured by the bank. The bank has
debited our account with ₹20 as bank charges on this cheque.
10 Received cheque from sale of old furniture ₹ 1,950. Next day, the cheque is endorsed to a creditor
Ramesh in goods
full settlement of ₹2,000 due for
to him.
12 Purchased from Mohan on Credit ₹8,000.
15 Settled Mohan’s account by giving a cheque for ₹4,000 and Cash ₹3,900.
16 Goods sold to Pawan for ₹6,000. He paid the amount in cash immediately after deducting 2j %
cash discount.
20 Paid salary by cheque ₹5,000.
25 Cash sale to date ₹50,000 of which ₹40,000 banked.
26 Paid electric bill of ₹2,000 for January by cheque. Paid Rent for January ₹ 1,500.
27 Cash purchases ₹5,000, issued a cheque.
28 Deposited into bank cash retaining ₹7,500.
[Ans. Cash in Hand ₹7,500; Cash at Bank ₹48,310]