Ravi Sir and Sanjeev Sirs Nimble Education for Commerce and Humanities ICSE,ISC,CBSE,IGCSE,AS & A,IBDP

Contact 9033311500, 8866611600

Cashbook
Q1.From the following details of Rana Enterprise prepare a double column cashbook with Cash & Bank
for March
1:Started business with Cash Rs 40,000 and Bank balance Rs 70,000
2:Purchased furniture for office and paid by cheque Rs 5,000.
3:Purchased goods and paid by cheque Rs 20,000.
4:Sold goods costing Rs 12,000 for Rs 28,000.
5:Sold goods to Roshan Rs 30,000.
6:Roshan paid Rs 20,000 in cash and Rs 10,000 in cheque
7:Purchased goods from Dipti Ent. Rs 30,000 and settled her account with a cheque of Rs 28,000.
8:Paid for postage and telegram Rs 500.
9:Paid for travelling expenses by cheque Rs 12,000
10:Withdrew money for personal use from bank Rs 500.

Q2.Atul had the following balances: Cash Rs 95,000 and Bank Rs 80,000 on 1st January. Following are
his transactions for the month. You are required to prepare a triple column cashbook.
2: Sold goods to Anu Rs 40,000 and received a cheque.
4: Purchased equipment and paid by cheque Rs 15,000.
5: Anus cheque was returned dishonored marked Signature not match.
6: Paid by cheque income tax Rs 6,000.
7: Received a cheque from Mohan Rs 35,000.
8: Mohans cheque was deposited into bank.
9: Settled amount due to Sias account of Rs 22,700 for Rs 22,000 by cheque.
10: Paid office expenses by cash Rs 8,000
11: Sold goods for cash Rs 19,000.

Q3. Balance in Cash was Rs 23,000 and bank was Rs 2,500(Cr) for Mr. Sudesh on 1.8.16.
3: Mr Ashok settled his account of Rs 40,000 by cheque at a discount of 5%.
5: Paid railway freight Rs 400 by cheque.
7: Deposited Ashoks cheque into bank.
9: Cash sales deposited into bank Rs 40,000.
11: Interest charged by bank on overdraft Rs 250.
12: Paid advance to Sharma & Sons Rs 5,000 by cheque.
13: Purchased goods Rs 3,210 and received a discount of Rs 190.
14: Received a cheque from Raman which was endorsed the same to Bali Rs 18,000.
16: Ramans cheque was returned dishonored.
18: Withdrew from bank cash for office use Rs 5,000.
21: Received a cheque from Nami sons Rs 21,000.
22: Namis cheque was returned dishonored and bank charged us Rs 20 as bank charges.
25: Withdrew from bank for personal use Rs 2,000.
29: Paid electric bill by cheque Rs 2,900
You are required to prepare a Triple column cashbook.
Q4.Balance as per last day of April Cashbook: Cash Rs 20,000 and bank overdraft Rs 2,000.
2: Ramesh settled his account account of Rs 10,200 in cash with Rs 9,800.
4: Cheque received from Jaswant Rs 8,000
5: Withdrew cash from bank for office use Rs 5,000.
6: Deposited Jaswants cheque into bank.
Ravi Sir and Sanjeev Sirs Nimble Education for Commerce and Humanities ICSE,ISC,CBSE,IGCSE,AS & A,IBDP
Contact 9033311500, 8866611600
Ravi Sir and Sanjeev Sirs Nimble Education for Commerce and Humanities ICSE,ISC,CBSE,IGCSE,AS & A,IBDP
Contact 9033311500, 8866611600
7: Paid rent in Rs 500.
9: Paid Rs 2,300 in settlemt of account of Ramesh worth Rs 2,350
10: Paid Roshan by cheque of Rs 2,100 after a discount of Rs 150.
12: Sold goods and received cheque Rs 45,000.
13: Sold furniture with book value Rs 20,000 for Rs 17,000.
14: Jaswants cheque was returned dishonored.
16: Received from Ahmed a cheque of Rs 10,200 discount allowed 200.
17: Withdrew cash for personal use Rs 5,000.
18: Bank charges Rs 300
19: Bank credited interest to our account Rs 350.
21: Received a cheque from Adil Rs 10,500
22: Deposited Adils cheque into bank.
23: Discount a bills receivable worth Rs 10,000 with bank at 2% discount charges.
25: Withdrew goods for personal use Rs 5,000.
26: Adils cheque returned dishonored, bank charges Rs 20.
28: Purchased stationary Rs 500
29: Sold goods for cash Rs 70,000 and deposited 30% cash into bank.
30: Settled Nareshs account of Rs 20,000 after a discount of 2%.
Prepare a triple column cashbook.

Q5. Anil started business with cash Rs 100,000 on 1.6.2017. The following are his transactions:
2: Deposited into bank Rs 20,000.
3: Purchased goods Rs 35,000, paying Rs 10,000 by cheque and balance in cash.
4: Sold goods Rs 70,000, deposited into bank Rs 12,000.
5: Withdrew from bank for office use Rs 2,500.
6: Sold goods and received a bills of exchange Rs 20,000.
7: Purchased furniture and paid by cheque Rs 5,500.
8: Paid for advertisement Rs 4,000.
9: Paid advance rent Rs 7,500.
10: Sold goods Abhinav Rs 10,000 and received a cheque.
11: Discounted a bill of exchange at a discount of 5%.
12: Purchased goods worth Rs 20,000, paid by cheque. Discount allowed @ 10%
13: Sold goods and received a cheque of Rs 15,000, discount was Rs 200
14: Abhinavs cheque was deposited into bank.
15: The above cheque was dishonored.
16: Abhinav paid Rs 9,600 in final settlement.
17:Sold goods and received cheque Rs 30,000,discount allowed Rs 500 from Karan.
18: Karans cheque was returned dishonored.
19: Karan was declared insolvent and 70% was received in final settlement.
21: Paid for machinery by cheque Rs 10,000 and cash Rs 2,000.
22: Received interest from bank Rs 250.
30: Deposited all cash into bank except Rs 1,000

Ravi Sir and Sanjeev Sirs Nimble Education for Commerce and Humanities ICSE,ISC,CBSE,IGCSE,AS & A,IBDP
Contact 9033311500, 8866611600
Ravi Sir and Sanjeev Sirs Nimble Education for Commerce and Humanities ICSE,ISC,CBSE,IGCSE,AS & A,IBDP
Contact 9033311500, 8866611600
Q6.Harry had the following balances: Cash Rs 85,000 and Bank (Overdraft) Rs 2,500 on 1st October 2016. The
following transactions took place during the month of October.
2: Purchased furniture and paid by cheque Rs 12,000 to HOF ltd.
3: Sold goods and received a cheque from Hanish Rs 25,000.
4: Purchased stationary Rs 300.
5: Purchased equipment Rs 12,000
6: Sold goods Rs 80,000 and deposited 80% in bank
7: Cheque paid by us to HOF ltd was returned dishonored. We paid HOF ltd 12,200 in cash to settle the account
8: Hanishs cheque was deposited into bank.
9: Sold goods to Shikha and received a cheque Rs 19,000
10: Charges debited by bank from our account Rs 250.
11: Hanishs cheque was dishonored and bank debited Rs 30.
12: Shikhas cheque was deposited into bank.
13: Hanish settled his account with a fresh cheque after 1% discount.
14: Shikhas cheque was dishonored and bank charged Rs 25.
15: Shikha was declared insolvent and 40% was recovered in final settlement by cheque.
16: Paid for life insurance by cheque Rs 8,000
17: Paid for advertisement Rs 4,200
18: Deposited Rs 10,000 into bank.
19: Withdrew from bank Rs 2,000 and cash Rs 5,000 for personal use.
20: Deposited into bank a cheque for sales Rs 17,000.
21: Withdrew cash from bank for office use Rs 10,000.
22: Paid Rs 600 to cashier for imprest amount for the month.
23: Paid sales tax Rs 12,000 and income tax Rs 8,000 by cheque.
24: Deposited all cash but Rs 100 into bank.
Prepare a triple column cashbook.
Q7.Rekha had Cash balance of Rs 20,000 and bank balance of Rs 3,000 on 31st October 2016. The following
are her transactions for the month of November.
1: Sold old machinery for a sum of Rs 30,000 and received a cheque.
2: Purchased a Building for Rs 200,000 paying 10,000 by cheque and for balance took a loan from bank.
3: Purchased goods worth Rs 10,000 and paid by cheque. Discount allowed by Mohan 10%.
4: Discounted bills of exchange worth Rs 20,000 due after 2 months @ 12% pa.
5: Sold goods to Arman Rs 25,000, cash discount 5% and trade discount 10% allowed.
6: Purchased goods and paid by cheque Rs 9,000. Discount was 10%.
7: Armans cheque was returned dishonored. Arman settled his in cash.
9: Paid rent of office Rs 3,000 by cheque half of which is sublet for a rent of Rs 2,000. Received rent same date.
10: Paid income tax Rs 2,000 and sales tax Rs 3,000 by cheque.
11: Sold goods to Anurag Rs 100,000, 60% received immediately by cheque and cash discount allowed @ 10%.
12: Purchased from Abhilash Rs 20,000 worth of goods. Trade discount @10% allowed and 5% cash discount
if paid within month of October.
13: Paid for sons fees by cheque Rs 2,500.
14: Received a cheque of Rs 10,300 from Chintan, discount allowed Rs 300.
15: Chintans cheque was deposited into bank.
16: Sold house car for Rs 30,000 cash and invested Rs 40,000 into bank.
17: Chintans cheque was dishonored and bank charges were Rs 20.
18: Interest on bank overdraft Rs 50.
19: Paid for office salary Rs 10,000.
20: Settled Abhilashs account by cheque.
21: Sold goods Rs 70,000.
22: Deposited all cash into bank except Rs 500.

Ravi Sir and Sanjeev Sirs Nimble Education for Commerce and Humanities ICSE,ISC,CBSE,IGCSE,AS & A,IBDP
Contact 9033311500, 8866611600