Question
Prepare a Cash Book with discount column of Shri Shyam from the following transaction. Enter the following in Shri Shyam’s Cash Book and show the Balance:

2009
March 1 Balance of cash in Hand Rs. 25,000

March 3 Rent paid Rs. 2,000

March 5 Purchased goods for cash Rs. 10,000

March 10 Stationery purchased Rs. 2,500

March 12 Sold Goods for Cash for Rs. 8,000

March 15 Cash received from Ram Rs. 980 and discount allowed Rs.20

March 18 Cash paid to Shyam Rs.950 and discount Received Rs.50

March 25 Wages Paid Rs. 2,000
Answers
Cash Book Balance C/D Rs. 16530.00, Discount Dr. Rs. 20.00, Discount Cr. Rs. 50.00.   Your Comment




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