Scribd Logo
Upload

Welcome to Scribd!

  • 7 views

    Subsidiary Books

    Uploaded by

    Kingston Antonysamy Business and Management (BGR)
    Tikaram commenced business with Rs. 10,000 cash. Throughout August, he made purchases and sales both for cash and credit, and paid expenses such as rent, wages, and cartage. On August 8, he balanced his cash book, which recorded all cash and bank transactions in a three-column format with separate columns for cash/bank, receipts, and payments.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content

    You might also like

    Subsidiary Books

    Uploaded by

    Kingston Antonysamy Business and Management (BGR)
    7 views6 pages
    Tikaram commenced business with Rs. 10,000 cash. Throughout August, he made purchases and sales both for cash and credit, and paid expenses such as rent, wages, and cartage. On August 8, he balanced his cash book, which recorded all cash and bank transactions in a three-column format with separate columns for cash/bank, receipts, and payments.

    Original Description:

    Copyright

    © © All Rights Reserved

    Available Formats

    PPTX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    Tikaram commenced business with Rs. 10,000 cash. Throughout August, he made purchases and sales both for cash and credit, and paid expenses such as rent, wages, and cartage. On August 8, he balanced his cash book, which recorded all cash and bank transactions in a three-column format with separate columns for cash/bank, receipts, and payments.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    7 views6 pages

    Subsidiary Books

    Uploaded by

    Kingston Antonysamy Business and Management (BGR)
    Tikaram commenced business with Rs. 10,000 cash. Throughout August, he made purchases and sales both for cash and credit, and paid expenses such as rent, wages, and cartage. On August 8, he balanced his cash book, which recorded all cash and bank transactions in a three-column format with separate columns for cash/bank, receipts, and payments.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    of 6

    Subsidiary Books

    • Enter the following items in the two-column cash book, post


    them to ledger accounts and balance them off on August 8,
    2002 :
    August 1
    Tikaram commences business with cash Rs. 10,000. He pays
    Rs. 2,300 for goods Purchased; Rs. 500 for furniture
    purchased; Rs. 400 for office equipment.
    2. He pays rent Rs. 100; pays legal cost Rs. 10
    3 He sells goods for cash Rs. 1,800.
    4 He sells goods to N on 5 days' credit Rs. 800.
    5 He pays wages Rs. 15; cartage Rs. 5.
    8 He buys goods for cash Rs. 700 and pays a creditor S Rs. 425
    in settlement of a claim of Rs. 430.
    9 He receives cash from N Rs. 798 in full settlement of debt.
    10 He sells goods for cash Rs. 50.
    Cash Book
    • Prepare a Three Column Cash Book

    You might also like