CA.

Naresh Aggarwal’s
ACADEMY of ACCOUNTS
Accounting • Costing • Taxation • Financial Management
West Patel Nagar, New Delhi. Ph:8800215448. Website: www.academyofaccounts.org
Measurements:

1 Ream = 500 Sheets

1 Dozen = 12 Pieces
1 Gross = 12 Dozen
1 Quintal = 100 Kgs.
1 Ton = 1000Kgs.

AoA
Cash Book and
Subsidiary Books

For Eenquiries Watch us on

Call or whatsapp: 8800215448
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Email: ca.naresh.vc@gmail.com https://www.youtube.com/CaNareshAggarwal

Website: academyofaccounts.org
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” 16 Salary paid Rs. 900.

CA. Naresh Aggarwal’s ” 17 Loan taken in cash Rs. 3,000.
ACADEMY of ACCOUNTS ”
”
21
23
Bought goods form Suresh on credit worth Rs. 1,500.
Cash received from Deepak Rs. 1,200.
Accounting • Costing • Taxation • Financial Management ” 29 Received commission Rs. 300.
West Patel Nagar, New Delhi. Ph:8800215448. Website: www.academyofaccounts.org ” 30 Paid to Suresh Rs. 600.
[Cash Balance: Rs. 13,700]
Cash Book Q-4: Enter the following transactions in a simple Cash Book :
Jan. 1 Business started with cash Rs. 15,000.
Q-1: Enter the following transactions in a simple Cash Book :
” 4 Purchased Machine for Rs. 5,000.
Jan. 1 Business started with cash Rs. 25,000.
” 6 Purchased goods for Rs. 2,000.
” 3 Purchased Building for cash Rs. 10,000.
” 6 Commission received Rs. 1,000.
” 5 Purchased goods for cash Rs. 3,000.
” 12 Withdrawn cash for personal use Rs. 900.
” 8 Paid advance salary Rs. 1,200.
” 17 Paid for insurance Rs. 2,000.
” 10 Sold goods for cash Rs. 1,800.
” 18 Sold goods for cash Rs. 1,500.
” 15 Cash deposited into Bank Rs. 5,000.
” 25 Cash deposited into Bank Rs. 2,000.

AoA
” 17 Interest received Rs. 300.
” 30 Paid to Rajender Rs. 400.
” 21 Withdrawn cash for personal use Rs. 1,100.
” 31 Bought office furniture Rs. 1,300.
” 25 Paid insurance premium Rs. 1,400.
[Cash Balance: Rs.3,900]
” 30 Paid to Mr. Verma Rs. 450.
” 31 Bought office furniture Rs. 2,100.
Q-5: Enter the following transactions in a simple Cash Book :
[Cash Balance: Rs. 2,850]
Jan. 1 Cash in hand Rs. 4,500.
” 4 Paid to Sonia Rs. 480, discount allowed by her Rs. 20.
Q-2: Enter the following transactions in a simple Cash Book :
” 7 Purchased goods on credit from Sangeeta Rs. 300.
Sep. 1 Cash in hand Rs. 8,000.
” 10 Paid to Sangeeta Rs. 290 in full settlement.
” 4 Purchased office Furniture for Rs. 1,500.
” 14 Sold goods for Cash Rs. 1,500.
” 6 Salary paid to Ravi Rs. 700.
” 18 Interest received from Mona Rs. 150.
” 6 Loan taken Rs. 2,000.
” 21 Sold goods to Rosy Rs. 150 on credit.
” 6 Sold goods for cash Rs. 1,200.
” 25 Received cash from Rosy Rs. 145 in full settlement.
” 14 Purchased goods for cash Rs. 4,400.
” 27 Paid wages Rs. 200.
” 18 Sold goods to Radha on credit Rs. 1,000.
[Cash Balance: Rs.5,325]
” 21 Bought goods form Bharat on credit worth Rs. 500.
” 25 Cash received from Radha Rs. 1,000.
Q-6: Enter the following transactions in a simple Cash Book :
” 29 Rent Received Rs. 750.
Feb. 1 Cash in hand Rs. 7,500.
” 29 Paid to Bharat Rs. 300.
” 5 Paid to Deepak Rs. 980, discount allowed by him Rs. 20.
[Cash Balance: Rs.6,050]
” 8 Purchased goods on credit from Rohit Rs. 800.
” 15 Sold goods to Mahesh Rs. 650 on credit.
Q-3: Enter the following transactions in a simple Cash Book :
” 17 Paid to Rohit Rs. 790 in full settlement.
Apr. 1 Cash in hand Rs. 15,000.
” 25 Received cash from Mahesh Rs. 630 in full settlement.
” 2 Purchased office table for cash Rs. 2,500.
” 26 Sold goods for Cash Rs. 1,500.
” 6 Sold goods for cash Rs. 2,200.
” 28 Rent received from Sudhir Rs. 750.
” 11 Purchased goods for cash Rs. 4,000.
” 28 Paid for Salary Rs. 1,000.
” 12 Sold goods to Deepak on credit Rs. 1,200.
[Cash Balance: Rs.7,610]
 (3) (4)

” 7 Purchased goods on credit from Sangeeta Rs. 300.

CA. Naresh Aggarwal’s ” 10 Paid to Sangeeta Rs. 290 in full settlement.
ACADEMY of ACCOUNTS ”
”
14
18
Sold goods for Cash Rs. 1,500.
Interest received from Mona Rs. 150.
Accounting • Costing • Taxation • Financial Management ” 21 Sold goods to Rosy Rs. 150 on credit.
West Patel Nagar, New Delhi. Ph:8800215448. Website: www.academyofaccounts.org ” 25 Received cash from Rosy Rs. 145 in full settlement.
” 27 Paid wages Rs. 200.
[Cash Balance: Rs.7,325]
Q-7: Enter the following transactions in a simple Cash Book :
Jan. 1 Cash in hand Rs. 14,500. Q-10: Enter the following transactions in a simple Cash Book :
” 3 Purchased goods for Cash Rs. 4,500. May 1 Cash in hand Rs. 16,000.
” 6 Paid for rent Rs. 2,200. ” 3 Purchased goods for Cash Rs. 7,500.
” 7 Sold goods for Cash Rs. 2,500. ” 6 Paid for Wages Rs. 3,000.
” 11 Paid cartage Rs. 250. ” 7 Sold goods for Cash Rs. 4,500.
” 12 Paid for insurance Rs. 750. ” 11 Paid for cartage Rs. 500.
” 16 Sold old furniture for cash Rs. 200. ” 15 Sold goods to Neha Rs. 1,000 on credit.
” 19 Purchased goods on credit from Rahul Rs. 1,000. ” 16 Paid for Sundry Expenses Rs. 300.

AoA
” 21 Sold goods for cash Rs. 1,100. ” 20 Cash Received from Neha Rs. 970 in full settlement of his account.
” 21 Paid cash to Rahul Rs. 950 in full settlement. ” 22 Purchased Equipments for Rs. 4,000.
” 24 Sold goods to Monika Rs. 750 on credit. ” 22 Paid for Telephone Bill Rs. 900.
” 26 Paid for stationery Rs. 250. ” 26 Sold office furniture for cash Rs.2,500.
” 29 Cash Received from Monika Rs. 730 in full settlement of her account. ” 29 Purchased goods on credit from Ajay Rs. 2,000.
” 29 Purchased office typewriter worth Rs. 1,300. ” 29 Sold goods for cash Rs. 1,500.
[Cash Balance: Rs.8,830] ” 29 Paid cash to Ajay Rs. 1,950 in full settlement.
[Cash Balance: Rs.7,320]
Q-8: Enter the following transactions in a simple Cash Book :
Aug. 1 Balance from the last month Rs. 15,000. Q-11: Enter the following transactions in a simple Cash Book :
” 2 Purchased goods form Gupta Rs. 2,200 for cash. May 1 Started business with cash Rs.10,000.
” 5 Paid for Electricity Rs. 2,100. ” 7 Loan taken in cash from wife Rs.4,000.
” 9 Paid to Manoj at discount of 5% on debt of Rs. 1,000. ” 9 Purchased goods on credit from Yogesh Rs. 3,000.
” 15 Paid cash for Sundry Expenses Rs. 1,500. ” 15 Paid to Yogesh Rs. 2,900 in full settlement.
” 18 Paid for Freight Rs. 150. ” 17 Sold goods for Cash Rs. 2,200.
” 19 Received from Anil Rs. 750 and Discount allowed to him Rs. 50. ” 20 Paid to wife for loan, Rs.3,000.
” 22 Cash Sales Rs. 2,000. ” 22 Rent received from Raju Rs. 750.
” 26 Purchased Typewriter for office use Rs. 4,000. ” 25 Sold goods to Mukesh Rs. 1,500 on credit.
” 28 Received cash from Suman Rs. 1,000. ” 25 Received cash from Mukesh Rs. 1,450 in full settlement.
” 28 Paid cash for stationery to Ravinder Rs. 500. ” 29 Paid for Freight Rs. 250.
” 30 Withdrawn cash for personal use Rs. 2,500. [Cash Balance: Rs.12,250]
[Cash Balance: Rs.4,850]
Q-12: Enter the following transactions in a simple Cash Book :
Q-9: Enter the following transactions in a simple Cash Book : Nov. 1 Balance from the last month Rs. 10,250.
Jan. 1 Cash in hand Rs. 6,500. ” 2 Purchased goods form Vijay Rs. 1,200 for cash.
” 4 Paid to Sonia Rs. 480, discount allowed by her Rs. 20. ” 5 Received cash from Kavita Rs. 700.
” 9 Paid cash for Sundry Expenses Rs. 450.
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Q-15: Enter the following transactions in the Cash Book with Cash and Bank Columns:
CA. Naresh Aggarwal’s 2012 Rs.
ACADEMY of ACCOUNTS Jan.1
Jan.1
Cash in Hand
Cash at Bank
12,000
10,000
Accounting • Costing • Taxation • Financial Management Jan.4 Sold goods for cash 5,200
West Patel Nagar, New Delhi. Ph:8800215448. Website: www.academyofaccounts.org Jan.7 Received from Raman 2,000
Jan.9 Received a Cheque from Reena and deposited it into Bank 4,000
” 11 Paid for Postage Rs. 50. Jan.12 Salary paid to office staff by Cheque 7,500
” 11 Received from Neeru Rs. 490, Discount allowed Rs. 10. Jan.17 Goods purchased and paid by Cheque 3,000
” 18 Cash Purchases Rs. 950. Jan.19 Paid for travelling expenses 1,200
” 21 Paid Rent Rs. 1,100. Jan.20 Cash Purchases 4,500
” 23 Paid to Sangeeta at discount of 5% on debt of Rs. 600. Jan.21 Received a Cheque from Deepak and deposited it into Bank 4,600
” 26 Purchased furniture for office use Rs. 1,800. Jan.22 Cash deposited into Bank 3,000
” 27 Paid cash for printing Rs. 150 to Rajni. Jan.25 Cash Sales 3,500
” 30 Withdrawn cash for personal use Rs. 2,000. Jan.28 Purchased Machinery for Cash 6,000
[Cash Balance: Rs.3,170] Jan.28 Withdrew from Bank for office use 2,500
Jan.29 Deepak’s Cheque returned by Bank dishonored

AoA
Q-13: Enter the following transactions in a Two Column Cash Book : Jan.31 Paid into Bank 7,000
Feb. 1 Cash in hand Rs. 8,000. [Cash: Rs.3,500; Bank: Rs.11,000]
” 1 Cash at Bank Rs. 6,000.
” 3 Deposited into Bank Rs. 1,500. Q-16: Enter the following transactions in a Two Column Cash Book :
” 5 Purchased an office table and paid by cheque Rs.1,200. Apr. 1 Cash Balance Rs. 4,500.
” 12 Withdrawn form Bank for office use Rs. 1,000. ” 1 Bank Balance Rs. 2,000.
” 15 Paid Wages through cheque Rs. 750. ” 4 Cash received for sale of old furniture Rs. 1,200.
” 17 Paid for freight Rs. 100. ” 7 Paid salary Rs. 900.
” 20 Purchased Machinery for cash Rs. 2,000. ” 10 Sold goods for cash and deposited into Bank Rs. 1,300.
” 22 Paid to Meena by cheque Rs. 950 and discount received Rs.50. ” 10 Purchased goods from Tarun and paid by cheque Rs. 1,700.
” 25 Cheque received from Sumit Rs. 1,200 and deposited into Bank. ” 19 Cash withdrawn from Bank for personal use Rs. 500.
” 28 Cash sales Rs. 1,800. ” 21 Paid for Legal Charge Rs. 850.
[Cash: Rs.7,200; Bank: Rs.4,800] ” 21 Paid to Sudhir by cheque Rs. 880 in full settlement of a debt of Rs. 900.
” 27 Cash deposited into Bank Rs. 2,500.
Q-14: Enter the following transactions in a Two Column Cash Book : ” 29 Received a cheque from Deepak Rs. 640 and discount allowed Rs. 10.
Jan. 1 Cash in hand Rs. 4,500. ” 30 Cheque received from Rekha Rs. 1,000 and deposited into Bank.
” 1 Cash at Bank Rs. 11,000. ” 30 Cash withdrawn from Bank for office use Rs. 1,500.
” 3 Deposited into Bank Rs. 800. [Cash: Rs.2,950; Bank: Rs.2,860]
” 6 Purchased Furniture for cash Rs. 300.
” 9 Paid to Sanjeev by cheque Rs. 1,140 and discount received Rs. 10. Q-17: Enter the following transactions in a Two Column Cash Book :
” 12 Cheque received from Pramod Rs. 600 and deposited into Bank. Apr. 1 Started business with cash Rs. 60,000.
” 15 Cash sales Rs. 1,100. ” 2 Opened an account with Bank by deposit of Rs. 24,000.
” 19 Purchased a Cycle for personal use and paid by cheque Rs. 1,400. ” 4 Bought office building worth Rs. 18,000 and paid by cheque.
” 22 Withdrawn form Bank for office use Rs. 250. ” 8 Bought goods in cash Rs. 6,000.
” 25 Paid salary through Bank Rs. 450. ” 11 Sold goods to Ravi on credit Rs. 2,400.
” 27 Paid cartage in cash Rs. 60. ” 14 Paid wages Rs. 1,000.
[Cash: Rs.4,690; Bank: Rs.9,160] ” 21 Bought goods from Himani on credit Rs. 3,600.
 (7) (8)

” 22 Sold goods for cash and deposited into Bank Rs. 900.
CA. Naresh Aggarwal’s ” 26 Purchased goods from Monika and paid by cheque Rs. 1,200.
ACADEMY of ACCOUNTS ”
”
28
30
Cash withdrawn from Bank for personal use Rs. 750.
Paid Rent Rs. 1,150.
Accounting • Costing • Taxation • Financial Management [Cash: Rs.3,250; Bank: Rs.4,330]
West Patel Nagar, New Delhi. Ph:8800215448. Website: www.academyofaccounts.org
Q-20: Enter the following transactions in a Two Column Cash Book :
” 22 Bought office Computer Rs. 10,000. Apr. 1 Started business with cash Rs. 30,000.
” 22 Cash received from Ravi in full settlement Rs. 2,320. ” 2 Opened an account with Bank by deposit of Rs. 12,000.
” 24 Cash deposited into Bank Rs. 6,000. ” 4 Bought office building worth Rs. 9,000 and paid by cheque.
” 25 Paid rent by cheque Rs. 1,400. ” 8 Bought goods in cash Rs. 3,000.
” 26 Paid to Himani by cheque Rs. 3,500 in full settlement. ” 11 Sold goods to Tripti on credit Rs. 1,200.
” 28 Drew from Bank for office use Rs. 2,000. ” 14 Paid wages Rs. 500.
” 30 Drew from Bank for personal use Rs. 700. ” 21 Bought goods from Himanshu on credit Rs. 1,800.
[Cash: Rs.17,320; Bank: Rs.4,400] ” 22 Bought office Computer Rs. 5,000.
” 22 Cash received from Tripti in full settlement Rs. 1,160.
Q-18: Enter the following transactions in a Two Column Cash Book : ” 24 Cash deposited into Bank Rs. 3,000.

AoA
June1 Started business with cash Rs. 18,000. ” 25 Paid rent by cheque Rs. 700.
” 4 Opened an account with Bank by deposit of Rs. 10,000. ” 26 Paid to Himanshu by cheque Rs. 1,750 in full settlement.
” 6 Bought goods from Suraj on credit Rs. 2,200. ” 28 Drew from Bank for office use Rs. 1,000.
” 8 Bought Office Furniture of Rs. 4,000 and paid by cheque. ” 30 Drew from Bank for personal use Rs. 350.
” 10 Bought goods in cash Rs. 2,500. [Cash: Rs.8,660; Bank: Rs.2,200]
” 11 Sold goods to Ravi on credit Rs. 1,500.
” 15 Paid for Telephone Bill Rs. 800. Q-21: Enter the following transactions in a Two Column Cash Book :
” 20 Cash deposited into Bank Rs. 1,500. Oct. 1 Cash in hand Rs.8,500 and at Bank Rs.5,500.
” 22 Paid Wages by cheque Rs. 500. ” 4 Cheque received from Anita Rs. 950 and discount allowed Rs. 50.
” 22 Bought Office Equipments for Rs. 3,000. ” 7 Paid to Aman Rs. 720 by cheque, discount allowed by him Rs. 30.
” 22 Cash received from Ravi Rs. 1,450 in full settlement. ” 9 Cash received from Rajesh Rs. 2,000 and half deposited into Bank.
” 26 Paid to Suraj by cheque Rs. 2,100 in full settlement. ” 12 Anita’s Cheque deposited into Bank.
” 27 Drew from Bank for office use Rs. 2,400. ” 15 Purchased goods from ‘Best Co.’ for Rs.1,200 and paid by cheque.
” 29 Drew from Bank for personal use Rs. 500. ” 18 Sold goods to Neha of Rs. 2,000 on credit.
[Cash: Rs.4,050; Bank: Rs.2,000] ” 21 Cash withdrawn for personal use Rs.1,500.
” 21 Cheque received from Neha Rs. 1,900 in full settlement.
Q-19: Enter the following transactions in a Two Column Cash Book : ” 26 Cash withdrawn from Bank for personal use Rs. 800.
July 1 Cash Balance Rs. 1,500. ” 27 Neha’s cheque deposited into Bank.
” 1 Bank Balance Rs. 1,950. ” 28 Paid for Rent Rs. 750.
” 4 Cash received for sale of Machinery Rs. 6,500. ” 31 Cash withdrawn from Bank for office use Rs. 2,000.
” 7 Paid to Anand by cheque Rs. 1,150 in full settlement of a debt of Rs. 1,200. ” 31 Bank allowed interest Rs. 100.
” 9 Cash deposited into Bank Rs. 4,000. [Cash: Rs.9,250; Bank: Rs.4,730]
” 11 Received a cheque from Neetu Rs. 780 and discount allowed Rs. 20.
” 14 Cheque received from Anju Rs. 800 and deposited into Bank. Q-22: Enter the following transactions in a Two Column Cash Book :
” 20 Cash withdrawn from Bank for office use Rs. 1,000. July 1 Cash in hand Rs. 5,000, and Bank Overdraft Rs. 1,200.
” 22 Paid office salary Rs. 600. ” 4 Purchased goods for Cash worth Rs. 1,500 at 10 % trade Discount.
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Q-24: Enter the following transactions in a Two Column Cash Book :

CA. Naresh Aggarwal’s Jan. 1 Cash in hand Rs. 4,500 and at Bank Rs. 10,800.
ACADEMY of ACCOUNTS ” 2
” 4
Cash received from Bhagat Rs. 1,000 and half deposited into Bank.
Cheque received from Sonia Rs. 850, discount allowed her Rs. 50.
Accounting • Costing • Taxation • Financial Management ” 6 Paid to Sanjay Rs. 980 by cheque, discount allowed by him Rs. 20.
West Patel Nagar, New Delhi. Ph:8800215448. Website: www.academyofaccounts.org ” 7 Sonia’s Cheque deposited into Bank.
” 7 Purchased goods form Laxmi Traders Rs. 1,500 and paid by cheque.
” 6 Fresh capital introduced into business Rs. 3,000 ” 11 Sold goods to Meenu worth Rs. 1,000 at 10% trade discount on credit.
” 9 Cheque received from Ram of Rs. 980 and discount allowed Rs.20. ” 14 Paid Salary in cash Rs. 400.
” 12 Paid for Rent by cheque Rs. 500. ” 15 Cash withdrawn from Bank for office use Rs. 1,500.
” 12 Bought Furniture for cash Rs. 1,700 ” 17 Cheque received from Meenu Rs. 880 in full settlement.
” 15 Purchased Bonds of a company and paid by cheque Rs. 2,000. ” 21 Cash withdrawn for personal use Rs. 1,000.
” 18 Shyam, a Bad Debts earlier, recovered and received Rs. 800 from him. ” 26 Cash withdrawn from Bank for personal use Rs. 700.
” 22 Received a B/R of Rs. 1,000 from Babita and discounted it with Bank at the ” 27 Meenu’s cheque deposited into Bank.
rate of 5% ” 31 Bank allowed interest Rs. 50.
” 25 Market value of Bonds reduced by Rs. 500. [Cash: Rs.5,100; Bank: Rs.8,400]
” 30 Bank charged interest on overdraft Rs. 80.

AoA
” 31 Depreciate Furniture by 10%. Q-25: Enter the following transactions in a Two Column Cash Book :
” 31 Cheque received and deposited in bank for Interest on Bond Rs. 200. Jan. 1 Cash in hand Rs. 4,000, and Bank Overdraft Rs. 2,300.
[Cash: Rs.5,750; Bank Overdraft: Rs.1,650] ” 1 Bought a Machine for cash Rs. 2,000
” 1 Purchased shares of a company and paid by cheque Rs. 1,000.
Q-23: Enter the following transactions in the Cash Book with Cash and Bank columns: ” 2 Purchased goods for Cash worth Rs. 900 at 10 % trade Discount.
2012 Rs. ” 4 Fresh capital introduced into business Rs. 5,000
April-1 Cash-in-Hand 8,500 ” 8 Cheque received from Deena Nath of Rs. 700 and discount allowed Rs.20.
April-1 Bank Overdraft 7,000 ” 10 Paid salary by cheque Rs. 350.
April-3 Received a cheque from Ram and paid it into bank same day 2,000 ” 15 Received a B/R of Rs. 600 from Nisha and discounted it with Bank @ 2%
April-5 Received a cheque from Ajay 1,300 ” 18 Cheque of Deena Nath endorsed to Prabhu Dayal.
April-6 Cheque received from Ajay paid into bank ” 26 Cheque received and deposited in bank for dividend on shares Rs. 50.
April-7 Purchased goods and paid by cheque 4,000 ” 31 Bank charged interest on overdraft Rs. 70.
April-9 Freight paid 1,000 ” 31 Depreciate Machine @ 12% p.a. for one month.
April-10 Sold goods for cash 3,000 ” 31 Market value of shares reduced by Rs.300.
April-11 Sale proceeds of April 10 deposited into Bank ” 31 Mohan, the earlier bad debts recovered and received Rs. 200 from him.
April-12 Withdrew cash for private use 1,500 [Cash: Rs.6,390; Bank Overdraft: Rs.3,082]
April-14 Goods purchased from Sonal on Credit 2,500
April-16 Paid to Sonal by Cheque 1,800 Q-26: Record the following transactions in a Cash Book with Cash and Bank-Columns:
April-17 Withdrew by cheque for private use 2,000 2012 Rs.
April-18 Received a cheque from Ram 1,000 June-1 Cash-in-Hand 4,000
April-20 Cheque received from Ram endorsed to Shyam June-1 Cash at Bank 2,500
April-25 Paid into Bank 5,000 June-3 Received a cheque for rent and deposited it into bank 1,500
April-28 A customer Mr. Kishore deposited directly in our Bank A/c 2,000 June-4 Bought goods for Rs. 2,000 and paid by cheque at a
April-30 Bank has charged interest on overdraft 150 discount of 5%.
[Cash: Rs.1,000; Bank Overdraft: Rs.1,650] June-7 Paid trade expenses 1,200
June-11 Paid taxes 400
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Q-29: Enter the following transactions in a Cash Book with Cash and Bank Columns
CA. Naresh Aggarwal’s 2012 Rs.
ACADEMY of ACCOUNTS May-1 Bank overdraft
May-1 Cash-in-hand
8,000
12,000
Accounting • Costing • Taxation • Financial Management May-7 Cheque received from Ramesh 4,000
West Patel Nagar, New Delhi. Ph:8800215448. Website: www.academyofaccounts.org Discount allowed 200
May-10 Cheque paid to Radha 2,500
June-15 Paid insurance charges 1,000 Discount received 50
June-25 Sold goods for Rs.5,000 and received a cheque at 5% discount. May-12 Cheque received from Ramesh deposited in bank
June-27 Cheque received on 25th, deposited into Bank May-15 Ramesh’s cheque returned dishonored
June-28 Received cheque from M/s Sun Traders 6,000 May-20 Cash withdrawn from bank for office use 3,000
June-30 Purchased 100 Shares for Rs.60 each and paid for by cheque. May-23 Fees of children paid by cheque 1,000
[Cash: Rs.1,400; Bank: Rs.6,850] May-25 Cheque received from Sonu 2,000
May-27 Sonu’s cheque endorsed to Monu
Q-27: Enter the following transactions in a Two Column Cash Book : May-31 Bank charges 50
July 1 Cash Balance Rs. 3,400. May-31 Paid into Bank the entire balance after retaining Rs.5,000 at office.
” 1 Bank overdraft Rs. 2,500. [Cash: Rs.5,000; Bank Overdraft: Rs.4,550]

AoA
” 3 Cheque received from Sanjeev Rs. 195 and discount allowed him Rs. 5. Hint: Cash deposited on May-31, will be Rs.10,000.
” 4 Paid to Dharmender Rs. 90 and discount received Rs. 10.
” 7 Cheque received from Bharat Rs. 230 in full settlement of debt of Rs. 250. Q-30: Enter the following transactions in a Cash Book with Cash and Bank Columns
” 9 Sanjeev’s Cheque deposited into Bank. 2012 Rs.
” 9 Bharat’s Cheque endorsed to Pramod in full settlement of a debt of Rs.240. Nov.1 Cash-in-hand 10,000
” 12 Cash deposited into Bank Rs. 450. Nov.1 Bank balance 6,000
” 15 Cheque received for sale of goods worth Rs.500 and deposited into Bank. Nov.5 Received a cheque from Hema 2,000
” 17 Paid for purchases of goods Rs. 300 in cash. Nov.5 Discount allowed 100
” 24 Cash withdrawn from Bank for office use Rs. 750. Nov.7 Cash received from sale of shares 3,000
” 31 Bank Charges for outstation cheque Rs. 15. Nov.8 Received cash Rs.1,000 and cheque of Rs.1,200 for cash sales
[Cash: Rs.3,310; Bank Overdraft: Rs.2,120] Nov.10 Paid into bank, including cheques received on 5th and 8th Nov. 4,000
Nov.12 Paid for Repair Charges 500
Q-28: Enter the following transactions in a Two Column Cash Book : Nov.14 Drew a cheque for office use Rs. 2,000 and
Nov. 1 Cash in hand Rs. 6,100, and at Bank overdraft Rs. 400. for personal use Rs. 2,500.
” 4 Sold goods to Monika on credit Rs. 1,000. Nov.15 Paid to Nisha by cheque 1,150
” 9 Cheque received from Monika for amount due on her Nov.15 Discount received 50
” 14 Purchased goods on credit from Anil worth Rs. 1,500. Nov.16 Gave a cheque to Suman for cash purchase of
” 14 Withdrawn cash for office use Rs. 800. furniture for office 5,000
” 17 Monika’s Cheque endorsed to Anil and balance is paid in cash. Nov.20 Received a cheque from Harmeet for commission and
” 19 Cheque received from Sonia of Rs. 600. paid the same into bank 1,500
” 20 Sonia’s cheque deposited into Bank. Nov.20 Rent paid by cheque 800
” 21 Sonia’s cheque returned dishonored. Nov.24 Instructed the Bank to issue a Bank Draft to Sonia 3,500
” 25 Cash received from Sonia for amount of dishonored cheque. Bank charges for issuing the draft 50
” 30 Bank received dividend Rs. 1,500. Nov.29 Received a Bank Draft of Rs. 3,900 from Radha
” 30 Bank Charges Rs.25. in full settlement of Rs. 4,000 due from him.
[Cash: Rs.7,000; Bank Balance: Rs.275] Nov.30 Bank collected interest on securities. 800
[Cash: Rs.14,700; Bank: Rs.1,200]
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” 17 Purchased Machinery and paid by cheque Rs. 7,000.

CA. Naresh Aggarwal’s 17 Cheque received from Reena Rs. 2,000.
”
ACADEMY of ACCOUNTS ”
”
18
19
Depreciation on Machinery is Rs. 700.
Reena’s Cheque endorsed to Mukesh in full settlement of his debt Rs.2,050
Accounting • Costing • Taxation • Financial Management ” 20 Outstanding repairs are amounted Rs. 500.
West Patel Nagar, New Delhi. Ph:8800215448. Website: www.academyofaccounts.org ” 21 Received a cheque from Kumar of Rs. 1,000 in full settlement of Rs. 1,020.
” 22 Kumar’s Cheque is deposited into Bank.
” 23 Kumar’s Cheque returned dishonored.
Q-31: Enter the following transactions in a Cash Book with Cash and Bank Columns
” 28 Sold goods to Kavita on credit costing Rs. 1,500 for Rs. 2,000.
2012 Rs.
” 29 Kavita become insolvent and paid only 25 paise in Rupee.
April-1 Balance of Cash-in-Hand 5,000
” 30 Cash withdrawn from Bank for personal use Rs. 1,500.
Overdraft at Bank 7,000
” 30 Bank charged interest on overdraft Rs. 50.
April-2 Further Capital introduced 10,000
[Cash: Rs.19,310; Bank Overdraft: Rs.3,100]
April-3 Purchased goods on credit from Mohan of the list price
of Rs. 5,000 and he allowed a trade discount of Rs.1,000.
Q-33: Prepare a simple and columnar petty cash book for one week from the following
April-6 Settled the account of Mohan by paying cash.
information using imprest system :
April-8 An amount of Rs. 1,000 due from Vasundhara written off
Jan. 1 Cash received from main cashier Rs. 100.

AoA
as bad debts in the previous year, now recovered.
” 1 Paid for stationery Rs. 5.
April-10 Cash withdrawn for office use 2,500
” 2 Paid conveyance Rs. 12.
April-12 Drew from bank for household expenses 4,500
” 3 Paid for refreshment Rs. 3.
April-18 Received a Bank Draft of Rs. 1,900 from Kavita
” 3 Paid for postage stamps Rs. 2.
in full settlement of Rs. 2,000 due from her.
” 5 Paid for Photocopies Rs. 4.
April-25 Sumit to whom amount due was Rs.2,000 became bankrupt
” 6 Paid for Tea Rs. 2.
and paid us 40 paise in a rupee.
” 6 Paid for Telephone calls Rs. 8.
April-30 Bank Charged interest on overdraft 200
” 6 Paid for courier charges Rs. 15.
April-30 Paid into Bank the entire balance after retaining Rs.5,000 in Cash.
” 6 Paid for Cold drinks Rs. 13.
[Cash: Rs.5,000; Bank Overdraft: Rs.2,000]
[Cash Balance Rs. 36]
Hint: Cash deposited into bank on April-30, will be Rs.10,300
Q-34: Prepare a simple and columnar petty cash book for 15 days from the following
Q-32: Enter the following transactions in a Two Column Cash Book :
information using imprest system :
Jan.1 Cash in hand Rs. 15,000.
Apr. 16 Cash in hand Rs. 350.
” 1 Overdraft at Bank Rs. 1,200.
” 16 Paid for photocopies Rs. 20.
” 2 Purchased goods from Ramesh on credit Rs. 1,000.
” 18 Bus fare Rs. 30.
” 4 Cash paid to Ramesh Rs. 990 in full settlement of his debt.
” 20 Paid to labourers Rs. 50.
” 5 Cash Sales Rs. 7,000.
” 21 Paid Money-Order charges Rs. 10.
” 6 Cash deposited into Bank Rs. 5,000.
” 23 Paid cash for Repairs Rs. 40.
” 7 Sold goods to Mohan on Credit Rs. 4,000.
” 25 Conveyance paid Rs. 15.
” 8 Received commission from Neha Rs. 1,200 through cheque.
” 25 Paid for pen and pencils Rs. 25.
” 9 Neha’s cheque deposited into Bank.
” 26 Purchased postage stamps Rs. 15.
” 10 Cheque received from Mohan Rs. 3,950 in full settlement and deposited into
” 28 Paid for cartage Rs. 20.
Bank.
” 29 Bought plain papers Rs. 40.
” 11 Paid for wages Rs. 500 by cheque and Rs. 700 in Cash.
” 30 Paid for tea and coffee Rs. 45.
” 15 Sunil (a bad debts earlier) paid Rs. 500.
[Cash Balance Rs. 40]
” 16 Withdrawn for office use Rs. 3,000.
 (15) (16)

CA. Naresh Aggarwal’s Subsidiary Books

ACADEMY of ACCOUNTS Q- 1 : Enter the following transactions in the Subsidiary Books of M/s Moon Ltd.:
Accounting • Costing • Taxation • Financial Management Jan. 1 Purchased from Deepak Stationers, Agra :
West Patel Nagar, New Delhi. Ph:8800215448. Website: www.academyofaccounts.org 50 Dozen Pencils @ Rs. 10 per doz.
20 Dozen Pens @ Rs. 15 per doz.
Trade Discount 10%
Q-35: Prepare a simple and columnar petty cash book for one week from the following
information using imprest system :
Jan. 5 Sold to Rajesh Stationery House, Delhi :
Feb. 1 Cash received from main cashier Rs. 300.
20 Dozen Pencils @ Rs. 15 per doz.
” 2 Paid for Photocopies Rs. 25.
10 Dozen Pens @ Rs. 20 per doz.
” 3 Paid for Tea Rs. 15.
Trade Discount 5%
” 4 Paid for Telephone calls Rs. 40.
” 4 Paid for courier charges Rs. 50.
Jan. 8 Bought from Mohan Stationery Mart, Noida :
” 5 Paid for Cold drinks Rs. 30.
15 Gross Note Books at the rate of Rs. 20 per doz.
” 5 Paid for stationery Rs. 15.
10 Gross Rubbers at the rate of Rs. 10 per doz.

AoA
” 5 Paid Cartage Rs. 10.
Trade Discount @ 20%
” 6 Paid for refreshment Rs. 30.
” 6 Paid for postage stamps Rs. 20.
Jan. 15 Sold old newspapers for Rs. 150
[Cash Balance: Rs. 65]
Jan. 19 Sold to Manoj Stationery Shop, Kanpur
Q-36: Prepare a simple and columnar petty cash book for ten days from the following
10 Dozen Note Books at the rate of Rs. 240 per Gross.
information using imprest system :
12 Dozen Rubbers at the rate of Rs. 180 per Gross.
Feb. 11 Cash in hand Rs. 150.
Trade Discount @ 10%
” 12 Conveyance paid Rs. 15.
” 12 Paid for pen and pencils Rs. 10.
Jan. 25 Sold to Mohan Stationery House, Lucknow for Cash
” 14 Purchased postage stamps Rs. 8.
5 Dozen Pencils @ Rs. 2 per piece.
” 15 Paid for cartage Rs. 5.
5 Dozen Note Books at the rate of Rs. 3 per piece.
” 16 Bought plain papers Rs. 4.
Trade Discount @ 10%
” 17 Paid for tea and coffee Rs. 12.
Jan. 27 Sold to Amar & Sons, Allahabad:
” 18 Paid for photocopies Rs. 6.
5 Reams of Paper @ Rs. 40 per Ream
” 19 Bus fare Rs. 5.
Trade Discount 15%
” 19 Paid to labourers Rs. 15.
” 20 Paid Money-Order charges Rs. 2.
Jan. 27 Sold to Gulab & Co., Allahabad on credit
” 20 Paid cash for Repairs Rs. 18.
4 Chairs @ Rs.800 each.
[Cash Balance: Rs. 50]
Jan. 30 Rajesh Stationery House, Delhi returned goods :
••••••••••••••••••••••••• 4 Dozen Pencils
2 Dozen Pens

Jan.30 Bought from Mohan Lal on credit

4 Office Tables @ Rs.500 each.
 (17) (18)

CA. Naresh Aggarwal’s Oct. 25 Returned to Seema Book House :

15 Copies of Mathematics Books
ACADEMY of ACCOUNTS 20 Copies of Commerce Books
Accounting • Costing • Taxation • Financial Management
Oct. 27 Sold to Star Book Store, on credit
West Patel Nagar, New Delhi. Ph:8800215448. Website: www.academyofaccounts.org
4 Dozen Parker Pen @ Rs. 30 per Pen
5 Dozen Note Books @ Rs. 10 per Note Book
Jan. 31 Returned to Mohan Stationery Mart, Noida :
8 Dozen Pencils @ Rs. 20 per Dozen
1 Gross Note Books
6 Dozen Rubbers
Oct. 29 Returned by Bharat & Co. :
[Purchase Book: Rs.4,560; Sales Book: Rs.987;
5 Books
Purchase Return Book: Rs.240; Sales Return Book: Rs.95]
Oct. 29 Received cash from Anita Book Depot Rs. 1,500.
Q- 2 : Prepare ‘Journal Proper’ from the following transactions :
Oct. 1 Purchased from Suraj & Co. on credit :
Oct. 30 Returned by Anita Book Depot :
200 copies of Accountancy Books @ Rs. 50 each.
2 Copies of Accountancy Books
100 copies of Management Books @ Rs. 20 each.

AoA
[Purchase Book: Rs.38,400; Sales Book: Rs.15,760
Trade Discount 20%
Purchase Return Book: Rs. 2,790; Sales Return Book: Rs.780]

Oct. 4 Sold to Dinesh Book Depot, for cash :

Q- 3 : Enter the following transactions in the Subsidiary Books of Hira Lal:
160 Copies of Economics Books @ Rs. 60 each
Nov.3 Purchased from Bheem Traders, Patna :
120 Copies of Commerce Books @ Rs. 50 each
10 Dozen Pencils @ Rs. 7 per doz.
Trade Discount 15%
20 Dozen Pens @ Rs. 10 per doz.
Trade Discount 10%
Oct. 7 Sold to Bhola on credit :
10 Kg. old News Papers @ Rs. 5 per Kg.
Nov.7 Bought from Shyam Lal on credit
4 old chairs @ Rs. 25 each.
2 Office Tables @ Rs.500 each.

Oct. 12 Bought from Seema Book House :

Nov.9 Sold to Amar Singh, Delhi :
200 Copies of Mathematics Books @ Rs. 100 each.
20 Dozen Pencils @ Rs. 10 per doz.
150 Copies of Commerce Books @ Rs. 80 each.
30 Dozen Pens @ Rs. 12 per doz.
Trade Discount 10%
Nov.12 Bought from Radha Stationery Shop, Jammu :
Oct. 15 Sold to Bharat & Co. :
10 Gross Note Books at the rate of Rs. 15 per doz.
80 Copies of General English Book @ Rs. 120 each.
10 Gross Rubbers at the rate of Rs. 10 per doz.
Trade Discount @ 15%
Oct. 21 Bought from Ramesh Furniture Co., on credit :
10 Chairs @ Rs. 120 each.
Nov.15 Sold old Furniture for Rs. 250
5 Tables @ 300 each.
Nov.18 Sold to Mahesh Stationery Shop, Rohtak
Oct. 24 Sold to Anita Book Depot :
8 Dozen Note Books at the rate of Rs. 60 per Gross.
30 Copies of Commerce @ Rs. 80 each.
6 Dozen Rubbers at the rate of Rs. 120 per Gross.
20 Copies of Accountancy Books @ 100 each.
Trade Discount @ 20%
Trade Discount @ 10%
 (19) (20)

Nov.15 Bought of M/s Best Enterprises for Cash

CA. Naresh Aggarwal’s 10 tins of Oil @ Rs.50 per tin
ACADEMY of ACCOUNTS 20 Bags of Wheat @ Rs.20 per bag
Trade Discount 10%
Accounting • Costing • Taxation • Financial Management
West Patel Nagar, New Delhi. Ph:8800215448. Website: www.academyofaccounts.org Nov.18 Sold to Mahesh & Co.
2 Radio Sets @ Rs.200 each

Nov.24 Amar Singh returned goods : Nov.22 Sold to M/s Gautam Traders
5 Dozen Pencils 20 Tins of Ghee @ Rs.100 per tin
2 Dozen Pens 10 Bags of Pulses @ Rs.30 per bag
Trade Discount 5%
Nov.26 Sold to Ravi Stationers, Agra :
10 Dozen Pencils @ Rs. 2 per piece. Nov.24 Returned by M/s Khosla Brothers
12 Dozen Note Books at the rate of Rs. 5 per piece. 5 tins of Oil
Trade Discount @ 10% 2 Bags of Wheat

AoA
Nov.26 Sold to Amar Singh, Delhi : Nov.26 Returned to M/s Rao & Sons
5 Reams of Paper @ Rs. 40 per Ream 10 Bags of Rice
Trade Discount 15%
Nov. 27 Bought of Hari & Co., Agra on credit
Nov.30 Returned to Radha Stationery Shop : 4 Office Tables @ Rs.500 each.
6 Dozen Note Books
3 Dozen Rubbers Nov.28 Returned by M/s Gautam Traders
[Purchase Book: Rs.2,793; Sales Book: Rs.1,674; 5 Tins of Ghee
Purchase Return Book: Rs.102; Sales Return Book: Rs.74] 4 Bags of Pulses
[Purchase Book: Rs.7,400; Sales Book: Rs.3,325
Q- 4 : Prepare ‘Journal Proper’ from the following transactions : Purchase Return Book: Rs.250; Sales Return Book: Rs.864.50]
Nov.3 Bought of M/s Gupta & Co.
100 tins of Oil @ Rs.50 per tin
50 Bags of Wheat @ Rs.20 per bag
Trade Discount 10% Theoretical Questions
Q-1: What is Cash Book ?
Nov.7 Sold to M/s Khosla Brothers
20 tins of Oil @ Rs.50 per tin Q-2: What is Contra-Entry ?
10 Bags of Wheat @ Rs.20 per bag
Q-3: Explain the imprest system of Petty Cash.
Trade Discount 5%
Q-4: What do you mean by ‘Subsidiary Books’ or ‘Journal Sub-Divided’ ?
Nov.10 Bought of M/s Rao & Sons Q-5: List the major subsidiary books.
40 Bags of Rice @ Rs.25 per Bag
50 Bags of Flour @ Rs.20 per bag Q-6: Show the specimen of ‘Purchase Book’.

•••••••••••••••••••••••••