Page No 10.43
Question 11: Enter the following transactions in the Cash Book of Chandrika of Chandigarh:
ANSWER: Format of Two Column Cash Book on the basis of given transactions
Point of Knowledge:
(i) Below is the Journal of Some tricky transactions
Journal
Page No 10.44:
Question 12: Enter the following transactions in Two-column Cash Book of Reema, Chandigarh and find out cash and bank balances:
ANSWER: Format of Two Column Cash Book on the basis of given transactions
In the books of Reema, Chandigarh
Cash Book
Point of Knowledge:
(i) Below is the Journal of Some tricky transactions Journal
Page No 10.44:
Question 13: Write the following transactions in the Cash Book of Premium Stores, Kolkata (Proprietor Amrit Kumar):
ANSWER: Format of Two Column Cash Book on the basis of given transactions
Point of Knowledge:
Page No 10.45:
Question 14: Record the following transactions in Two-column Cash Book of Ripple, Delhi:
ANSWER: Format of Two Column Cash Book on the basis of given transactions
Cash Book
Point of Knowledge:
(i) Below is the Journal of Some tricky transactions
Journal
Page No 10.45:
Question 15: Enter the following transactions in Two-column Cash Book of Gaurav, Delhi:
ANSWER: Format of Two Column Cash Book on the basis of given transactions
Cash Book
Point of Knowledge:
Below is the Journal of Some tricky transactions Journal
Page No 10.46:
Question 16: From the following information, prepare an Analytical Petty Cash Book:
ANSWER: Format of Analytical Petty Cash Book on the basis of given transactions
Petty Cash Book
Page No 10.46:
Question 17: The following transactions took place during the week ended 28th May, 2018. How will you record them in the Petty Cash Book which was maintained with a weekly 'float' of ₹ 3,000?
ANSWER: Format of Petty Cash Book on the basis of given transactions
Petty Cash Book
Page No 10.46:
Question 18: Sri R maintains a Columnar Petty Cash Book on the Imprest System. The imprest amount is Rs 5,000. From the following information, show how his Petty Cash Book would appear for the week ended 12th September, 2017:
ANSWER: Format of Columnar Petty Cash Book on the basis of given transactions
Books of Sri R
Petty Cash Book
Dr. Cr.
Page No 10.47:
Question 19: With Goods and Services Tax (GST)
A Petty Cashier in a firm received ₹15,000 as the petty cash imprest on 4th June, 2017. 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.
ANSWER: Format of Analytical Petty Cash Book on the basis of given transactions
Journal
Point of Knowledge:
Advantages of Petty Cash Book.
(i) Time Saving Activity.
(ii) Provides Control on Small payments.
(iii) Saving the labour to writing up the posting into the ledger.
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