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In the following transactions in the cash book prepare cash book and cash columns of Mr Vijay 2023 September 1st cash in hand 19000 September 3rd sold goods for cash 10000 September 4th credit purchases from banquet 18000 September 6 receive from Mohan 4160 discount allowed to him 40 September 8 paid for electricity charges 850 September 9th cash deposited in bank 20000 September 14 paid cash to Venkat 17600 full settlement September 24 received cash from Jagan 4800 September 26 salaries paid 4000 September 28 cash drawn from Bank 5000?
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In the following transactions in the cash book prepare cash book and c...
Cash Book Preparation for Mr. Vijay (September 2023)
To create a cash book for Mr. Vijay, we will record all cash transactions in the cash column and summarize the cash position at the end of the month. Below is a detailed cash book for September:

Cash Book
| Date | Particulars | Cash In (₹) | Cash Out (₹) | Balance (₹) |
|------------|-------------------------------------|--------------|---------------|--------------|
| September 1| Cash in hand | 19,000 | | 19,000 |
| September 3| Sold goods for cash | 10,000 | | 29,000 |
| September 4| Credit purchases from banquet | | 18,000 | 11,000 |
| September 6| Received from Mohan (after discount)| 4,160 | | 15,160 |
| September 8| Paid for electricity charges | | 850 | 14,310 |
| September 9| Cash deposited in bank | | 20,000 | -5,690 |
| September 14| Paid cash to Venkat (settlement) | | 17,600 | -23,290 |
| September 24| Received cash from Jagan | 4,800 | | -18,490 |
| September 26| Salaries paid | | 4,000 | -22,490 |
| September 28| Cash drawn from bank | 5,000 | | -17,490 |

Summary of Transactions
- **Beginning Cash**: ₹19,000
- **Total Cash Inflows**: ₹29,960 (from sales and receipts)
- **Total Cash Outflows**: ₹60,450 (includes payments and bank deposits)
- **Ending Cash Balance**: -₹17,490

Notes
- The cash book reflects the cash position of Mr. Vijay at the end of September, indicating a negative balance due to high outflows.
- It's critical to manage cash flow effectively to avoid such deficits in the future.
This cash book allows Mr. Vijay to monitor his cash transactions for better financial planning and decision-making.
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In the following transactions in the cash book prepare cash book and cash columns of Mr Vijay 2023 September 1st cash in hand 19000 September 3rd sold goods for cash 10000 September 4th credit purchases from banquet 18000 September 6 receive from Mohan 4160 discount allowed to him 40 September 8 paid for electricity charges 850 September 9th cash deposited in bank 20000 September 14 paid cash to Venkat 17600 full settlement September 24 received cash from Jagan 4800 September 26 salaries paid 4000 September 28 cash drawn from Bank 5000?
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In the following transactions in the cash book prepare cash book and cash columns of Mr Vijay 2023 September 1st cash in hand 19000 September 3rd sold goods for cash 10000 September 4th credit purchases from banquet 18000 September 6 receive from Mohan 4160 discount allowed to him 40 September 8 paid for electricity charges 850 September 9th cash deposited in bank 20000 September 14 paid cash to Venkat 17600 full settlement September 24 received cash from Jagan 4800 September 26 salaries paid 4000 September 28 cash drawn from Bank 5000? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about In the following transactions in the cash book prepare cash book and cash columns of Mr Vijay 2023 September 1st cash in hand 19000 September 3rd sold goods for cash 10000 September 4th credit purchases from banquet 18000 September 6 receive from Mohan 4160 discount allowed to him 40 September 8 paid for electricity charges 850 September 9th cash deposited in bank 20000 September 14 paid cash to Venkat 17600 full settlement September 24 received cash from Jagan 4800 September 26 salaries paid 4000 September 28 cash drawn from Bank 5000? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In the following transactions in the cash book prepare cash book and cash columns of Mr Vijay 2023 September 1st cash in hand 19000 September 3rd sold goods for cash 10000 September 4th credit purchases from banquet 18000 September 6 receive from Mohan 4160 discount allowed to him 40 September 8 paid for electricity charges 850 September 9th cash deposited in bank 20000 September 14 paid cash to Venkat 17600 full settlement September 24 received cash from Jagan 4800 September 26 salaries paid 4000 September 28 cash drawn from Bank 5000?.
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