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Record the followings transaction in Single Column Cash Book in the books of Sanjoy: 2017 ₹ Feb. 1 Balance in hand 25,000 2 Purchased goods for cash 17,200 4 Additional capital introduced 20,000 6 Purchased furniture from Laxman on credit 42,000 8 Cash Sales 12,300 10 Sold goods to Mr. Phani on credit 14,700 12 Withdraw for personal use 4,300 19 Mr. Phani paid in full settlement 14,200 27 Paid life insurance premium 6,500 28 Paid to Laxman in full settlement 41,200?
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Record the followings transaction in Single Column Cash Book in the bo...
Single Column Cash Book of Sanjoy for the year 2017:

|Date | Particulars | Cash | Bank |
|-----|------------|-------|-------|
|Feb. 1 | Balance b/d | 25,000 | - |
|2 | Purchased goods | 17,200 | - |
|4 | Additional capital introduced | 20,000 | - |
|6 | Purchased furniture from Laxman | - | 42,000 |
|8 | Cash Sales | 12,300 | - |
|10 | Sold goods to Mr. Phani | - | 14,700 |
|12 | Drawings | 4,300 | - |
|19 | Received from Mr. Phani | 14,200 | - |
|27 | Paid life insurance premium | 6,500 | - |
|28 | Paid to Laxman | - | 41,200 |

Explanation:

Opening Balance: The cash balance on Feb 1, 2017, was Rs. 25,000.

Purchased Goods: On Feb 2, 2017, Sanjoy purchased goods for cash amounting to Rs. 17,200.

Additional Capital Introduced: On Feb 4, 2017, Sanjoy introduced additional capital of Rs. 20,000 in the business.

Purchased Furniture: On Feb 6, 2017, Sanjoy purchased furniture from Laxman on credit worth Rs. 42,000.

Cash Sales: On Feb 8, 2017, Sanjoy made cash sales of Rs. 12,300.

Sold Goods on Credit: On Feb 10, 2017, Sanjoy sold goods to Mr. Phani on credit worth Rs. 14,700.

Withdrawals: On Feb 12, 2017, Sanjoy withdrew Rs. 4,300 for personal use.

Received Payment: On Feb 19, 2017, Mr. Phani paid the full settlement of Rs. 14,200.

Paid Life Insurance Premium: On Feb 27, 2017, Sanjoy paid a life insurance premium of Rs. 6,500.

Paid to Laxman: On Feb 28, 2017, Sanjoy paid Laxman in full settlement of Rs. 41,200.

Closing Balance: The cash balance on Feb 28, 2017, was Rs. 10,500.
Community Answer
Record the followings transaction in Single Column Cash Book in the bo...
Record the following transitions in single column cash book in the books of sanjoy
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Record the followings transaction in Single Column Cash Book in the books of Sanjoy: 2017 ₹ Feb. 1 Balance in hand 25,000 2 Purchased goods for cash 17,200 4 Additional capital introduced 20,000 6 Purchased furniture from Laxman on credit 42,000 8 Cash Sales 12,300 10 Sold goods to Mr. Phani on credit 14,700 12 Withdraw for personal use 4,300 19 Mr. Phani paid in full settlement 14,200 27 Paid life insurance premium 6,500 28 Paid to Laxman in full settlement 41,200?
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Record the followings transaction in Single Column Cash Book in the books of Sanjoy: 2017 ₹ Feb. 1 Balance in hand 25,000 2 Purchased goods for cash 17,200 4 Additional capital introduced 20,000 6 Purchased furniture from Laxman on credit 42,000 8 Cash Sales 12,300 10 Sold goods to Mr. Phani on credit 14,700 12 Withdraw for personal use 4,300 19 Mr. Phani paid in full settlement 14,200 27 Paid life insurance premium 6,500 28 Paid to Laxman in full settlement 41,200? for Class 11 2024 is part of Class 11 preparation. The Question and answers have been prepared according to the Class 11 exam syllabus. Information about Record the followings transaction in Single Column Cash Book in the books of Sanjoy: 2017 ₹ Feb. 1 Balance in hand 25,000 2 Purchased goods for cash 17,200 4 Additional capital introduced 20,000 6 Purchased furniture from Laxman on credit 42,000 8 Cash Sales 12,300 10 Sold goods to Mr. Phani on credit 14,700 12 Withdraw for personal use 4,300 19 Mr. Phani paid in full settlement 14,200 27 Paid life insurance premium 6,500 28 Paid to Laxman in full settlement 41,200? covers all topics & solutions for Class 11 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Record the followings transaction in Single Column Cash Book in the books of Sanjoy: 2017 ₹ Feb. 1 Balance in hand 25,000 2 Purchased goods for cash 17,200 4 Additional capital introduced 20,000 6 Purchased furniture from Laxman on credit 42,000 8 Cash Sales 12,300 10 Sold goods to Mr. Phani on credit 14,700 12 Withdraw for personal use 4,300 19 Mr. Phani paid in full settlement 14,200 27 Paid life insurance premium 6,500 28 Paid to Laxman in full settlement 41,200?.
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