SAMRAT CLASSES

WORKSHEET: CASH BOOK AND PETTY CASH BOOK

Q 1 Write up Cash Book of Bhanu Partap with Cash and Bank Columns from the following transactions:

2017 (₹)
Cash-in-hand 2,710
March 1
Cash at Bank 27,500
March 3 Received from Subhash 3,500
March 4 Sold goods for cash 10,000
March 7 Paid Rent by Cheque 800
March 8 Paid Sohan by cheque 3,000
March 10 Bought goods for cash 15,000
Paid cash for stationery 200
March 12
Drew from Bank for office use 8,000
March 15 Received cheque from Surendra and sent it to Bank 6,600
March 16 Paid for advertisement 750
March 18 Issued cheque in favour of Nath Brothers 4,300
Cash Sales 13,000
March 19
Paid into Bank 16,000
March 20 Received cheque from Vinod and sent it to Bank 2,400
March 22 Bought Scooter and paid for the same by cheque 18,000
March 25 Bank returned Surendra's cheque dishonoured
Paid salary by cheque 7,200
March 28
Paid Trade expenses 2,000
March 29 Cash sales 9,500
March 30 Paid into Bank 10,000

Q 2From the following particulars, prepare a Cash Book with Cash and Bank Columns:

2017
Jan. 1 Balance of Cash in Hand ₹ 15,000 and Bank Overdraft ₹ 6,000
Jan. 3 Issued a cheque of ₹ 4,800 to Mr. Black and earned a discount of ₹ 200
Jan. 4 Direct deposit by Mr. Kapil in our bank account ₹3,800. Discount allowed ₹ 200
Jan. 5 Given as charity ₹ 100
Jan. 7 Issued a cheque of ₹ 500 to the petty cashier
Goods worth ₹ 10,000 were sold to Ganesh on 10th January. Its payment was received today
Jan. 15
by cheque after deducting 5% cash discount
Jan. 16 Deposited the above cheque into Bank
Jan. 17 Goods purchased from Raghu for ₹ 8,000. Payment is made after deducting 3% cash discount.
Jan. 18 Bought postage stamps ₹ 200
Jan. 20 Paid ₹ 4,000 by cheque for furniture purchased
Jan. 22 Arun who owed us ₹ 6,000 became bankrupt and paid 60 paise per ₹
Jan. 24 Collected from Anil ₹ 5,000 in cash and deposited into bank the next day.
Jan. 24 Cash purchases of stationery ₹ 200
X settled his account of ₹ 7,000 by cheque of ₹ 6,850
Jan. 25
Cheque was deposited into the bank on 28th January

-------- All the Best --------

FOR ADMISSIONS CONTACT
Prof. Harsh Shah (Accounts, Economics, Commerce) 9022039186
Prof. Darshit Shah (Math) 8080044710
 SAMRAT CLASSES
1
Jan. 27 Settled Y's account of ₹ 8,000 by cheque after deducting therefrom 2 % each discount
2
Jan. 29 Cash sales for ₹ 10,000, received cheque
Jan. 30 Interest charged by bank ₹ 1,500

Q 3 Prepare a Cash Book with Cash and Bank Columns from the following transactions:

2017
March 1 Cash in hand ₹ 1,800 and at Bank ₹ 11,000
March 5 Received a cheque for commission ₹ 3,960. Cheque was immediately deposited into bank
March 7 Bought goods for cheque ₹ 7,000
March 8 Bought goods for cash ₹ 500
March 10 Purchased a Computer and payment made by cheque of ₹ 5,000
March 14 Paid Trade Expenses ₹ 105
March 16 Paid into Bank ₹ 1,000
March 18 Ramesh who owed us ₹ 500 became bankrupt and paid us 50 paise in a ₹
March 20 Received ₹ 400 from Manohar and allowed him discount ₹ 10
March 23 Withdrew from Bank ₹ 400
March 23 Paid ₹ 300 to Ghanshyam Dass & Co. They allowed us discount ₹ 10
March 24 Received ₹ 2,000 from Hari Ram and deposited the same into Bank
March 25 Withdrew from Bank for private expenses ₹ 300
March 27 Sold goods for cash ₹ 200
March 28 Received cheque for goods sold ₹ 9,000
March 29 Received repayment of a loan of ₹ 5,000 and deposited ₹ 3,000 out of it into Bank
March 30 Bank charges as per Book ₹ 5

Q 4 Prepare a Two Column Cash Book from the following transactions:

2016
Cash at office ₹ 72
May 1
Bank overdraft ₹ 1,250
Received from Prem Chand a cheque for ₹ 1,875 in full settlement of his account of ₹ 1,900. The
May 4
cheque was banked on the same day
May 5 Bought goods and paid by cheque ₹ 500
May 6 Narinder settled his account of ₹ 700 by a cheque. This was banked on the same day.
May 9 Paid to Manohar Lal by a cheque for ₹ 420. Discount received ₹ 80
May 12 Cash sales to date ₹ 400 of which ₹ 300 were banked
May 17 Sold old typewriter for cash ₹ 320
Received a cheque for ₹ 400 from Naresh in full settlement of his account of ₹ 460. The cheque is
May 20
endorsed to Suresh on 24th May in full settlement of his account of ₹ 420
Received a cheque from Hari Prakash for ₹ 150. The cheque is endorsed to Raj Prakash on 27th May;
May 25
Discount received ₹ 30
May 28 Withdrew from Bank for office use ₹ 100 and for personal use ₹ 100
May 29 Withdrew (from office) for payment of private bills ₹ 425
May 30 Paid by cheque salaries ₹ 160 and rent ₹ 100

-------- All the Best --------

FOR ADMISSIONS CONTACT
Prof. Harsh Shah (Accounts, Economics, Commerce) 9022039186
Prof. Darshit Shah (Math) 8080044710
 SAMRAT CLASSES
May 31 Bank charges as per Pass Book ₹ 5

Q 5 Prepare a Cash Book with Cash and Bank Columns from the following particulars:

2017 (₹)
Feb. 1 Cash in Hand ₹ 14,800; Bank Overdraft ₹ 32,700
Feb. 4 Sold goods, received cheque (deposited same day) 4950
Feb. 5 Sold goods to Navin on Credit 10,000
Feb. 8 Received from Navin a cheque for ₹ 9,500 in settlement of his account.
Feb. 10 Sold goods to Murlidhar on Credit 6,000
Feb. 12 Cheque received from Navin endorsed to Praveen in full settlement of his account 9,800
Received cheque from Ram 12,800
Feb. 15
Allowed him discount 200
Feb. 16 Paid into Bank (including Ram's cheque) 15,000
Cheque from Ram returned dishonoured and bank debits our account in respect of charges
Feb. 18
on this cheque ₹ 20. Discount not withdrawn.
Feb. 19 Received the amount of returned cheque and bank charges in cash from Ram.
Instructed the bank to issue a bank draft for ₹ 5,000 in favour of Shyam. Bank charged ₹ 40
Feb. 20
for issuing the draft.
Murlidhar settled his account by means of a cheque for ₹ 6,200; including ₹ 200 as the
Feb. 22
interest charged from him. Lodged the cheque into bank.
Feb. 24 Paid ₹ 5,000 by cheque for cash purchases.
Feb. 25 Sudhir who owed us ₹ 8,000 became bankrupt and paid us 50 paise per rupee.
Feb. 28 Paid salary to Manohar Lal 3,000
Feb. 28 Banked 20,000

Q 6 Prepare a Petty Cash Book on the Imprest System from the following:

2017
April 1 Received ₹ 10,000 for Petty Cash
April 3 Paid Cartage ₹ 800
April 4 Paid Bus Fare ₹ 400; Speed Post ₹ 200
April 6 Paid for Stationery ₹ 700
April 7 Paid for Courier Services ₹ 300
April 9 Paid for Taxi fare ₹ 800; Wages ₹ 300
April 10 Paid for Wages ₹ 400; Charity ₹ 500
April 11 Paid for Newspaper bill ₹ 600
April 12 Paid for soap ₹ 320; Speed post charges ₹ 300
April 13 Paid for Postage ₹ 780
April 14 Paid for Repairs of Chairs ₹ 500
April 15 Paid for Refreshment to customers ₹ 900

-------- All the Best --------

FOR ADMISSIONS CONTACT
Prof. Harsh Shah (Accounts, Economics, Commerce) 9022039186
Prof. Darshit Shah (Math) 8080044710
 SAMRAT CLASSES

Q 7 Enter the following transactions in a petty cash book in analytical form. The book is kept on imprest
system, amount of imprest being ₹ 5,000.

2016
Petty Cash in hand ₹ 420. Received cash to make-up the imprest
April 3
Bought stamps for ₹ 300
April 5 Paid for office cleaning ₹ 200 and repairs to furniture ₹ 250
April 7 Paid bus fare ₹ 440, railway fare ₹ 330, wages ₹ 200
April 8 Paid for charity ₹ 350
April 9 Bought shorthand note book for office ₹ 250, Carriage on parcels ₹ 280
April 10 Bought envelopes ₹ 450, served refreshment to customers ₹ 150
April 12 Paid for conveyance ₹ 300. Wages ₹ 200. Stapler pins ₹ 280
April 15 Gave tips to office peon ₹ 250

Q 8 Enter the following transactions in a Cash Book with Cash and Bank Columns:

2017
March 1 Cash in Hand ₹ 15,000; Bank ₹ 8,000
March 2 Sold goods to X on credit for ₹ 10,000
Sold goods for ₹ 20,000; received cheque from them, discount allowed 212%212%
March 5
Cheque was deposited into bank on 7th March
Purchased goods from Suresh on the terms of 5% Cash discount if the payment is made within 3
March 10
days ₹ 20,000
March 12 Payment made to Suresh; half in Cash and half by cheque
Received a Bank Draft for ₹ 6,820 from Siya Ram in full settlement of ₹ 7,000 due from him. Sent the
March 14
draft to the Bank
March 16 Settled Pawan's account of ₹ 5,000 at a discount of 5%
Goods worth ₹ 8,000 were purchased from Sunil on 5th March. Its payment was made today by
March 17
cheque after deducting 5% cash discount
Withdrawn from Bank ₹ 20,000 and Furniture was purchased for ₹ 15,000; the balance taken by the
March 18
proprietor
Received a cheque from Ravi for ₹ 2,850 in settlement after deducting 5%
March 20
Endorsed the cheque to Gopal on 22nd March
Placed an order with 'Jai Traders' for goods of the value of ₹ 10,000 and sent a cheque of ₹ 8,000
March 22
with the order
March 23 Purchased furniture by cheque of ₹ 6,000

-------- All the Best --------

FOR ADMISSIONS CONTACT
Prof. Harsh Shah (Accounts, Economics, Commerce) 9022039186
Prof. Darshit Shah (Math) 8080044710
 SAMRAT CLASSES
March 24 Cash sales ₹ 15,000; half of which deposited into bank
March 25 X settled his account by payment of ₹ 10,150; ₹ 150 being the interest charged
March 27 Paid rent to Landlord 'Rakesh' by cheque ₹ 2,000
March 28 Cashed a cheque for ₹ 10,000 and paid salaries in cash ₹ 8,000
March 31 Deposited into bank, balance of cash in excess of ₹ 5,000

Q 9 Prepare Two Column Cash Book from the following transactions and balance the book on 31st Jan.,
2014:

2014
Jan. 1 Cash in hand ₹ 50,000; Bank overdraft ₹ 1,90,000.
Purchased goods from Rajesh Kumar of the list price of ₹ 50,000 at 5% trade discount and payment
Jan. 2
made by cheque.
Jan. 6 Goods sold for ₹ 80,000 and payment received by cheque. Cheque deposited into Bank on same day.
Jan. 10 Goods purchased for cash ₹ 19,800.
Furniture sold for ₹ 1,77,000 and payment received by cheque & cheque deposited into Bank on same
Jan. 15
day.
Jan. 18 Salaries paid ₹ 4,500.
Jan. 21 Settled the amount due to Ram ₹ 2,000 by paying cash ₹ 1,910.
Jan. 22 Cash received from Jai ₹ 14,780 in full settlement of his account of ₹ 15,000.
Jan. 23 Paid Life Insurance premium ₹ 1,500.
Jan. 31 Deposited with bank the entire balance after retaining ₹ 7,000 cash in hand.

Q 10 Prepare a Cash Book with Cash and Bank columns from the following information for the month of
December 2011 in the Books of O'Neil:

2016
Dec. 1 Cash in Hand ₹ 2,780; Bank Overdraft ₹ 3,125
Dec. 2 Cheque worth ₹ 400 issued to the petty cashier
Dec. 5 ₹ 350 was paid to Hari & Sons for the supply of stationery on this day
Dec. 7 Received a cheque worth ₹ 600 from Pramod against sale of goods
Dec. 10 Received ₹ 1,200 for sale of goods
The cheque which was received from Pramod on 7th December was endorsed as favour of Morgan
Dec. 11
together with ₹ 1,400 in cash
Dec. 15 Received ₹ 950 from Sheila
Murarilal paid ₹ 2,000 in cash and ₹ 3,000 in cheque after receiving a discount of ₹ 200 for goods sold
Dec. 23
to him in November. The cheque was immediately deposited into the Bank
Dec. 26 Bought goods worth ₹ 1,700 from Rustom and paid by cheque after receiving a discount of ₹ 170
Dec. 30 Interest on overdraft ₹ 50 was charged by the Bank
Dec. 30 Cash in excess of ₹ 1,000 was deposited into the Bank
-------- All the Best --------
FOR ADMISSIONS CONTACT
Prof. Harsh Shah (Accounts, Economics, Commerce) 9022039186
Prof. Darshit Shah (Math) 8080044710
SAMRAT CLASSES

-------- All the Best --------

FOR ADMISSIONS CONTACT
Prof. Harsh Shah (Accounts, Economics, Commerce) 9022039186
Prof. Darshit Shah (Math) 8080044710