CASH BOOK
CASH BOOK QUESTIONS? August 1, 2005 - Cash balance ₹15,000, Bank balance ₹10,000 August 3, 2005 - Paid insurance premium ₹4,000 (by cheque) August 8, 2005 - Cash sales ₹10,000 August 9, 2005 - Telephone bill paid ₹2,000 (through bank) August 10, 2005 - Withdrawn from bank ₹6,000 August 16, 2005 - Received cheque from John ₹10,700 and deposited in the bank August 20, 2005 - Withdrawn from bank for personal use ₹14,000 August 23, 2005 - Purchased stationery for office use ₹1,800 August 24, 2005 - Cartage paid in cash ₹350 August 25, 2005 - Paid cash to Michael ₹6,850 August 28, 2005 - Received cheque from Kumar ₹4,500 August 31, 2005 - Deposited Kumar’s cheque in the bank ₹4,000 August 31, 2005 - Paid wages to the watchman ₹3,000 (in cash) August 31, 2005 - Paid cash for postage ₹220 CASH BOOK SOLUTION Here’s the journal entry for each transaction in proper debit-credit format, date-wise: --- 2005 Aug. 01 Cash A/c Dr. 15000 Bank A/c Dr. 10000 To Capital A/c 25000 (Being cash and bank bal...