Mr. Vincent does not pay all cash received into his bank. He desires to record all cash received and paid and all his bank transactions in one cash book. His transactions are:
|
Rs |
|||
|
2009 Aug |
1 |
Cash in hand |
1,000 |
|
Bank overdraft |
1,750 |
||
|
Received cash from Mr. X (Discount allowed Rs 25) |
175 |
||
|
2 |
Paid into bank |
1,000 |
|
|
5 |
Drew cheque for Mr. Y (after deducting discount Rs 50) |
200 |
|
|
9 |
Drew from bank |
750 |
|
|
11 |
Cash sales |
5,000 |
|
|
16 |
Paid wages by cheque |
700 |
|
|
18 |
Received cheque from Z (after allowing him discount Rs 200 and paid it in bank) |
2,800 |
|
|
(after allowing him discount Rs 200 and paid it in bank) |
|||
|
21 |
Z’s cheque returned dishonoured |
||
|
23 |
Received cash from Mr. A (after allowing him discount Rs 50) |
950 |
|
|
25 |
Paid into bank |
1,000 |
|
|
27 |
Paid cash to Mr. B (after deducting discount Rs 35) |
465 |
|
|
30 |
Bank charges as per Pass Book |
15 |