Q1. Enter the following transactions of Ripinder in his Single Column Cash Book and Balance it:
Solution – Single Column Book Transaction:
Dr Cash Book Cr
Working Note – Only Cash transaction recorded in cash book so purchased goods from Raj on Credit is not recorded in cash book.
Q2. Prepare Simple Cash Book of Gurman from the Following transaction:
Solution – Simple Cash Book Transaction
Working Note:–
19 April – Goods purchased from Bhushan – 40,000
Sold Half Goods to Anil = 40,000 x ½ = 20,000
Profit of Selling = 20,000 x 25% = 5,000
So Selling Price = 20,000 + 5,000 = 25,000
Selling Price after Discount = 25,000 – (25,000 x 5%)
= 25,000 – 1,250
= 23,750
Q3. Prepare Simple Cash Book from the following transactions of Simran:
Solution – Simple Cash Book Transaction:
Q4. From the following prepare Single Column Cash Book of Suresh and Post them in Ledger Accounts:
Solution – Single Column Cash Book:
Q5. Record the following transactions in Double Column Cash Book and Balance the book on 31st March, 2025:
Solution – Double Column Cash Book Transaction:
Working Note – Contra entries are the entries which affect both cash and bank, i.e., balance of one will decrease and the other will increase due to such transactions. Such transactions are recorded on both sides of the Cash Book, once in the cash column and once in the bank column.
Q6. Prepare Two-column Cash Book of Bimal, Lucknow from the following transactions:
Solution – Two Column Cash Book Transaction:
Working Note – When Cheque is received and deposit into bank in the same day then amount show debit side in bank column but is not presented in same day that time it is show in cash column.
Q7. Prepare Two-column Cash Book from the following transactions of Mani, Kochi:
Solution – Two Column Cash Book Transaction:
Working Note –
15 March – 20,000 – 750 = 19,250 (Bank A/c)
Q8. Prepare Two-column Cash Book of Vinod from the following transactions:
Solution – Two Column Cash Book Transaction:
Q9. Enter the following transactions in Two-Column Cash Book of Reema, and find cash and bank balances:
Solution – Two-Column Cash Book Transaction:
Q10. Write the following transactions in the Cash Book of Premium stores, Kolkata (Proprietor Amrit Kumar):
Solution – Two Column Cash Book Transaction:
Q11. Enter the following transactions in Two-Column Cash Book of Gurman, Delhi:
Solution – Two Column Cash Book Transactions:
Q12. From the following information, prepare an Analytical Petty Cash Book:
Solution – Analytical Petty Cash Book Transaction:
Q13. Rajan maintains a Columnar Petty Cash Book on the Imprest System. The Imprest amount is 5,000. From the following information, show how his Petty Cash Book would appear for the week ended 12th September, 2024:
Solution – Columnar Petty Cash Book Transaction:
Q14. A Petty Cashier in a firm received 15,000 as the petty cash imprest on 4th Jun, 2024. During the week, his expenses were as follows:
Write up the Analytical Petty Cash Book and draft the necessary Journal entries for the payments made.
Solution – Analytical Petty Cash Book Transaction:
