Cash Book – Revision

1. Rajesh who owed Rs.5,000 became insolvent and 40p in a rupee was realised. Amount
to be posted in cash book is ______________.
2. Received from Vedika in full settlement of her account of Rs.6000 and ¾ of it is
deposited in bank on same day. The amount to be debited to cask book is Rs.
_________ in cash column and Rs. __________ in bank column.
3. On 1st May 2019 balance of cash column of cash book rupees 12000 after receiving
rupees 2,000 from Anil, giving cheque of rupees 3200 to Sunil and payment of wages
rupees 500. Balance of cash will be _________debit.
4. On 1-4-19, Bank balance was unfavourable (cr) .Rs. 5000. A customer directly deposited
cheque into bank Rs. 10,000 and a cheque issued to pay salary to Mr. Ram amounted to
Rs. 2,000. The bank balance will be :
a. Rs.7,000 cr. b. Rs.13,000 dr. c. Rs.10,000 dr. d. Rs.3,000 dr.
How will the following be shown in the cash book.

2019
Purchased goods from Henry for Rs 50,000 on 10% trade
Jan. 6 discount and 4% cash discount and paid 60% amount by
cheque.
Bought goods from Amit for Rs 2,00,000 at terms 5% cash
Jan. 15 discount and 20% trade discount. Paid 3/4th of the amount in
cash at the time of purchase.
Sold goods to Sherpa at the list price of Rs 50,000 less 20%
trade discount and 4% cash discount if the payment is made
Jan. 18
within 7 days. 75% payment is received by cheque on Jan.
23rd.
Sold goods to Garima for Rs1,00,000, allowed her 20% trade
discount and 5% cash discount if the payment is made within
Jan. 25
15 days. She paid 1/4th of the amount by cheque on Feb.
5th and 60% of the remainder on Feb.15th in cash

5.
6.
Compile a Two Column Cash Book from the following transactions of Kavita Garments

2017
Feb. 1 Cash in hand Rs 7,500; Cash at bank Rs8,000.
3 Received a cheque of Rs5,880 for cash sales. Cheque was immediately
deposited into bank.
5 Received two cheques from Kalpna each of Rs10,000.
6 First cheque received from Kalpna is endorsed to Sunita in full
settlement of Rs10,200.
Second cheque is sent to bank for collection.
8 Second cheque received from Kalpna is returned as dishonoured by the
bank.
The bank has debited our account with Rs20 as bank charges on this
cheque.
10 Received cheque from sale of old furniture Rs1,950.
 Next day, the cheque is endorsed to a creditor Ramesh in full settlement
of Rs2,000 due to him.
12 Purchased goods from Mohan on Credit for Rs8,000.
15 Settled Mohan's account by giving a cheque for Rs4,000 and Cash
Rs3,900.
16 Goods sold to Pawan for Rs6,000. He paid the amount in cash
immediately after deducting 2 ½ % cash discount.
20 Paid salary by cheque Rs5,000.
25 Cash sale to date Rs50,000 of which Rs 40,000 banked.
26 Paid electric bill of Rs2,000 for January by cheque. Paid Rent for
January Rs1,500.
27 Cash purchases Rs5,000, issued a cheque.
28 Deposited into bank cash retaining Rs7,500.