Commerce Exam > Commerce Notes > DK Goel Solutions: Books of Original Entry – Cash Book
DK Goel Solutions: Books of Original Entry – Cash Book - Commerce PDF Download
| Download, print and study this document offline |
Please wait while the PDF view is loading
Page 1
Books
Question 1 Enter the following transactions in a Single Column Cash Book :-
2016
(?)
1
3
Commenced business with cash
Bought goods for Cash
25,000
10,000
3 Paid Carriage 200
4 Sold goods for Cash 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 for Commission 1,500
28 Withdrew for personal use 2,200
31 Paid salary 700
The solution for this question is as follows:
Page 2
Books
Question 1 Enter the following transactions in a Single Column Cash Book :-
2016
(?)
1
3
Commenced business with cash
Bought goods for Cash
25,000
10,000
3 Paid Carriage 200
4 Sold goods for Cash 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 for Commission 1,500
28 Withdrew for personal use 2,200
31 Paid salary 700
The solution for this question is as follows:
ooks
Cash Book
Dr. Cr.
Date
2016
Particulars L.F. Cash (Rs) Date
2016
Particulars L.F. Cash (Rs)
May
May
1 Capital A/c
25,000 3 Purchases A/c
10,000
4 Sales A/c
6,000 3 Carriage A/c
200
10 Ram
1,000 12 Shiv Kumar
2,600
15 Sales A/c
8,400 18 Furniture A/c
5,000
27 Commission A/c
1,500 20 Advertisement A/c
500
24 Mahesh
4,000
25 Wages A/c
400
28 Drawings A/c
2,200
31 Salary A/c
700
31 Balance c/d
16,300
41,900 41,900
June 1 Balance b/d
16,300
Note: May 20, 2016 transaction is not recorded in Cash Book as the credit transactions don’t impact the cash
balance.
Page 3
Books
Question 1 Enter the following transactions in a Single Column Cash Book :-
2016
(?)
1
3
Commenced business with cash
Bought goods for Cash
25,000
10,000
3 Paid Carriage 200
4 Sold goods for Cash 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 for Commission 1,500
28 Withdrew for personal use 2,200
31 Paid salary 700
The solution for this question is as follows:
ooks
Cash Book
Dr. Cr.
Date
2016
Particulars L.F. Cash (Rs) Date
2016
Particulars L.F. Cash (Rs)
May
May
1 Capital A/c
25,000 3 Purchases A/c
10,000
4 Sales A/c
6,000 3 Carriage A/c
200
10 Ram
1,000 12 Shiv Kumar
2,600
15 Sales A/c
8,400 18 Furniture A/c
5,000
27 Commission A/c
1,500 20 Advertisement A/c
500
24 Mahesh
4,000
25 Wages A/c
400
28 Drawings A/c
2,200
31 Salary A/c
700
31 Balance c/d
16,300
41,900 41,900
June 1 Balance b/d
16,300
Note: May 20, 2016 transaction is not recorded in Cash Book as the credit transactions don’t impact the cash
balance.
Books
Question 2 Enter the following transactions in M/s Mukerjee & Bros. Single Column Cash Book:
2017
(?)
1
3
Balance of Cash in hand
Purchased goods for cash
50,000
22,000
7 Purchased goods 15,000
10 Purchased goods from Gopi 30,000
13 Purchased goods from Gopi for cash 10,000
15 Sold goods 20,000
18 Sold goods to Vishwakarma 45,000
20 Sold goods to Raghunandan for cash 18,000
25 Received commission 5,000
30 Paid Rent
The solution for this question is as follows:
Cash Book
Dr. Cr.
Date
2017
Particulars L.F. Cash
?
Date
2017
Particulars L.F. Cash
?
April
April
1 Balance b/d
50,000 3 Purchases A/c
22,000
15 Sales A/c
20,000 7 Purchases A/c
15,000
20 Sales A/c
18,000 13 Purchases A/c
10,000
25 Commission A/c
5,000 30 Rent A/c
10,000
30 Balance c/d
36,000
93,000 93,000
Page 4
Books
Question 1 Enter the following transactions in a Single Column Cash Book :-
2016
(?)
1
3
Commenced business with cash
Bought goods for Cash
25,000
10,000
3 Paid Carriage 200
4 Sold goods for Cash 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 for Commission 1,500
28 Withdrew for personal use 2,200
31 Paid salary 700
The solution for this question is as follows:
ooks
Cash Book
Dr. Cr.
Date
2016
Particulars L.F. Cash (Rs) Date
2016
Particulars L.F. Cash (Rs)
May
May
1 Capital A/c
25,000 3 Purchases A/c
10,000
4 Sales A/c
6,000 3 Carriage A/c
200
10 Ram
1,000 12 Shiv Kumar
2,600
15 Sales A/c
8,400 18 Furniture A/c
5,000
27 Commission A/c
1,500 20 Advertisement A/c
500
24 Mahesh
4,000
25 Wages A/c
400
28 Drawings A/c
2,200
31 Salary A/c
700
31 Balance c/d
16,300
41,900 41,900
June 1 Balance b/d
16,300
Note: May 20, 2016 transaction is not recorded in Cash Book as the credit transactions don’t impact the cash
balance.
Books
Question 2 Enter the following transactions in M/s Mukerjee & Bros. Single Column Cash Book:
2017
(?)
1
3
Balance of Cash in hand
Purchased goods for cash
50,000
22,000
7 Purchased goods 15,000
10 Purchased goods from Gopi 30,000
13 Purchased goods from Gopi for cash 10,000
15 Sold goods 20,000
18 Sold goods to Vishwakarma 45,000
20 Sold goods to Raghunandan for cash 18,000
25 Received commission 5,000
30 Paid Rent
The solution for this question is as follows:
Cash Book
Dr. Cr.
Date
2017
Particulars L.F. Cash
?
Date
2017
Particulars L.F. Cash
?
April
April
1 Balance b/d
50,000 3 Purchases A/c
22,000
15 Sales A/c
20,000 7 Purchases A/c
15,000
20 Sales A/c
18,000 13 Purchases A/c
10,000
25 Commission A/c
5,000 30 Rent A/c
10,000
30 Balance c/d
36,000
93,000 93,000
May 1 Balance b/d
36,000
Question 3 Enter the following transactions in a Single Column Cash Book :
2017
Feb.
(?)
1 Mr. Vipin commenced business with Cash 2,00,000
3 Opened a Bank Account and deposited 75,000
5 Purchased goods for Cash 30,000
7 Purchased goods 15,000
10 Purchased goods from Surya Kant 40,000
12 Paid to Surya Kant 38,800
Discount received 1,200
15 Paid Wages in Cash 22,500
16 Paid to casual labour 1,500
20 Sold goods to Dev Raj for Cash 80,000
25 Paid electricity bill in Cash 12,000
26 Withdrew Cash from Bank 40,000
27 Received for Cash sales 5,000
27 Paid for miscellaneous expenses 500
The solution for this question is as follows:
Page 5
Books
Question 1 Enter the following transactions in a Single Column Cash Book :-
2016
(?)
1
3
Commenced business with cash
Bought goods for Cash
25,000
10,000
3 Paid Carriage 200
4 Sold goods for Cash 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 for Commission 1,500
28 Withdrew for personal use 2,200
31 Paid salary 700
The solution for this question is as follows:
ooks
Cash Book
Dr. Cr.
Date
2016
Particulars L.F. Cash (Rs) Date
2016
Particulars L.F. Cash (Rs)
May
May
1 Capital A/c
25,000 3 Purchases A/c
10,000
4 Sales A/c
6,000 3 Carriage A/c
200
10 Ram
1,000 12 Shiv Kumar
2,600
15 Sales A/c
8,400 18 Furniture A/c
5,000
27 Commission A/c
1,500 20 Advertisement A/c
500
24 Mahesh
4,000
25 Wages A/c
400
28 Drawings A/c
2,200
31 Salary A/c
700
31 Balance c/d
16,300
41,900 41,900
June 1 Balance b/d
16,300
Note: May 20, 2016 transaction is not recorded in Cash Book as the credit transactions don’t impact the cash
balance.
Books
Question 2 Enter the following transactions in M/s Mukerjee & Bros. Single Column Cash Book:
2017
(?)
1
3
Balance of Cash in hand
Purchased goods for cash
50,000
22,000
7 Purchased goods 15,000
10 Purchased goods from Gopi 30,000
13 Purchased goods from Gopi for cash 10,000
15 Sold goods 20,000
18 Sold goods to Vishwakarma 45,000
20 Sold goods to Raghunandan for cash 18,000
25 Received commission 5,000
30 Paid Rent
The solution for this question is as follows:
Cash Book
Dr. Cr.
Date
2017
Particulars L.F. Cash
?
Date
2017
Particulars L.F. Cash
?
April
April
1 Balance b/d
50,000 3 Purchases A/c
22,000
15 Sales A/c
20,000 7 Purchases A/c
15,000
20 Sales A/c
18,000 13 Purchases A/c
10,000
25 Commission A/c
5,000 30 Rent A/c
10,000
30 Balance c/d
36,000
93,000 93,000
May 1 Balance b/d
36,000
Question 3 Enter the following transactions in a Single Column Cash Book :
2017
Feb.
(?)
1 Mr. Vipin commenced business with Cash 2,00,000
3 Opened a Bank Account and deposited 75,000
5 Purchased goods for Cash 30,000
7 Purchased goods 15,000
10 Purchased goods from Surya Kant 40,000
12 Paid to Surya Kant 38,800
Discount received 1,200
15 Paid Wages in Cash 22,500
16 Paid to casual labour 1,500
20 Sold goods to Dev Raj for Cash 80,000
25 Paid electricity bill in Cash 12,000
26 Withdrew Cash from Bank 40,000
27 Received for Cash sales 5,000
27 Paid for miscellaneous expenses 500
The solution for this question is as follows:
ks
Cash Book
Dr. Cr.
Date
2017
Particulars L.F. Cash
?
Date
2017
Particulars L.F. Cash
?
Feb.
Feb.
1 Capital A/c
2,00,000 3 Bank A/c
75,000
20 Sales A/c
80,000 5 Purchases A/c
30,000
26 Bank A/c
40,000 7 Purchases A/c
15,000
27 Sales A/c
5,000 12 Surya Kant
38,800
15 Wages A/c
22,500
16 Wages A/c
1,500
25 Electricity Charges A/c
12,000
27 Miscellaneous Expenses A/c
500
28 Balance c/d
1,29,700
3,25,000 3,25,000
Mar.1 Balance b/d
1,29,700
Read More
FAQs on DK Goel Solutions: Books of Original Entry – Cash Book - Commerce
| 1. What is a Cash Book in accounting? |  |
Ans. A Cash Book is a special type of journal or book of original entry that records all cash transactions of a business. It includes both cash receipts and cash payments, allowing businesses to maintain a clear and accurate record of their cash flow.
| 2. How do you classify transactions in a Cash Book? | |
Ans. Transactions in a Cash Book are typically classified into two main categories: cash receipts and cash payments. Cash receipts include all incoming cash, such as sales revenue and loans, while cash payments encompass outgoing cash, like expenses and purchases.
| 3. What are the types of Cash Books used in accounting? | |
Ans. There are several types of Cash Books, including the single-column Cash Book, which records only cash transactions, and the double-column Cash Book, which records both cash and bank transactions. Some businesses may also use a triple-column Cash Book that includes a separate column for bank transactions.
| 4. Why is it important to maintain a Cash Book? | |
Ans. Maintaining a Cash Book is crucial as it helps businesses track their cash flow, monitor liquidity, and ensure that they have enough cash on hand to meet their obligations. It also aids in identifying discrepancies and simplifies the process of preparing financial statements.
| 5. How is a Cash Book different from a regular ledger? | |
Ans. A Cash Book serves as both a journal and a ledger specifically for cash transactions, while a regular ledger contains accounts for all types of transactions. The Cash Book is used for daily cash management, whereas the ledger provides a comprehensive view of all financial activities in the business.
Related Exams
About this Document
|
Nov 09, 2024 Last updated |
Document Description: DK Goel Solutions: Books of Original Entry – Cash Book for Commerce 2024 is part of Commerce preparation. The notes and questions for DK Goel Solutions: Books of Original Entry – Cash Book have been prepared according to the Commerce exam syllabus. Information about DK Goel Solutions: Books of Original Entry – Cash Book covers topics like and DK Goel Solutions: Books of Original Entry – Cash Book Example, for Commerce 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises and tests below for DK Goel Solutions: Books of Original Entry – Cash Book.
Introduction of DK Goel Solutions: Books of Original Entry – Cash Book in English is available as part of
our Commerce preparation & DK Goel Solutions: Books of Original Entry – Cash Book in Hindi for Commerce
courses. Download more important topics, notes, lectures and mock test series for Commerce
Exam by signing up for free. Commerce: DK Goel Solutions: Books of Original Entry – Cash Book - Commerce
Description
Full syllabus notes, lecture & questions for DK Goel Solutions: Books of Original Entry – Cash Book - Commerce - Commerce | Plus excerises question with solution to help you revise complete syllabus | Best notes, free PDF download
Information about DK Goel Solutions: Books of Original Entry – Cash Book
In this doc you can find the meaning of DK Goel Solutions: Books of Original Entry – Cash Book defined & explained in the simplest way possible.
Besides explaining types of DK Goel Solutions: Books of Original Entry – Cash Book theory,
EduRev gives you an ample number of questions to practice DK Goel Solutions: Books of Original Entry – Cash Book tests, examples and also practice Commerce tests.
Download as PDF
|
Explore Courses for Commerce exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
Related Searches
Extra Questions
,Semester Notes
,shortcuts and tricks
,DK Goel Solutions: Books of Original Entry – Cash Book - Commerce
,Sample Paper
,practice quizzes
,Objective type Questions
,study material
,mock tests for examination
,Important questions
,MCQs
,DK Goel Solutions: Books of Original Entry – Cash Book - Commerce
,Free
,Viva Questions
,Summary
,DK Goel Solutions: Books of Original Entry – Cash Book - Commerce
,Exam
,video lectures
,Previous Year Questions with Solutions
,past year papers
,ppt
;
Additional Information about DK Goel Solutions: Books of Original Entry – Cash Book for Commerce Preparation
DK Goel Solutions: Books of Original Entry – Cash Book Free PDF Download
The DK Goel Solutions: Books of Original Entry – Cash Book is an invaluable resource that delves deep into the core of the Commerce exam.
These study notes are curated by experts and cover all the essential topics and concepts, making your preparation more efficient and effective.
With the help of these notes, you can grasp complex subjects quickly, revise important points easily,
and reinforce your understanding of key concepts. The study notes are presented in a concise and easy-to-understand manner,
allowing you to optimize your learning process. Whether you're looking for best-recommended books, sample papers, study material,
or toppers' notes, this PDF has got you covered. Download the DK Goel Solutions: Books of Original Entry – Cash Book now and kickstart your journey towards success in the Commerce exam.
Importance of DK Goel Solutions: Books of Original Entry – Cash Book
The importance of DK Goel Solutions: Books of Original Entry – Cash Book cannot be overstated, especially for Commerce aspirants.
This document holds the key to success in the Commerce exam.
It offers a detailed understanding of the concept, providing invaluable insights into the topic.
By knowing the concepts well in advance, students can plan their preparation effectively.
Utilize this indispensable guide for a well-rounded preparation and achieve your desired results.
DK Goel Solutions: Books of Original Entry – Cash Book Notes
DK Goel Solutions: Books of Original Entry – Cash Book Notes offer in-depth insights into the specific topic to help you master it with ease.
This comprehensive document covers all aspects related to DK Goel Solutions: Books of Original Entry – Cash Book.
It includes detailed information about the exam syllabus, recommended books, and study materials for a well-rounded preparation.
Practice papers and question papers enable you to assess your progress effectively.
Additionally, the paper analysis provides valuable tips for tackling the exam strategically.
Access to Toppers' notes gives you an edge in understanding complex concepts.
Whether you're a beginner or aiming for advanced proficiency, DK Goel Solutions: Books of Original Entry – Cash Book Notes on EduRev are your ultimate resource for success.
DK Goel Solutions: Books of Original Entry – Cash Book Commerce Questions
The "DK Goel Solutions: Books of Original Entry – Cash Book Commerce Questions" guide is a valuable resource for all aspiring students preparing for the
Commerce exam. It focuses on providing a wide range of practice questions to help students gauge
their understanding of the exam topics. These questions cover the entire syllabus, ensuring comprehensive preparation.
The guide includes previous years' question papers for students to familiarize themselves with the exam's format and difficulty level.
Additionally, it offers subject-specific question banks, allowing students to focus on weak areas and improve their performance.
Study DK Goel Solutions: Books of Original Entry – Cash Book on the App
Students of Commerce can study DK Goel Solutions: Books of Original Entry – Cash Book alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the DK Goel Solutions: Books of Original Entry – Cash Book,
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of DK Goel Solutions: Books of Original Entry – Cash Book is prepared as per the latest Commerce syllabus.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup