Recording of Transactions-II

has been made, all these documents, popularly known as vouchers, are given a serial number and filed in a separate file for future reference and verification. Illustration From the following transactions made by M/s Kuntia Traders, prepare the single column cashbook. Details Sept. Cash in hand , Sept. Deposited in bank , Sept. Received from Puneet in full settlement of claim , of Rs. , . Sept. Cash paid to Rukmani in full settlement of claim of , Rs. , Sept. Sold goods to Sudhir for cash , Sept. Paid quarterly insurance premium on policy for , proprietor’s wife Sept. Purchased office furniture , Sept. Purchased stationery , Sept. Paid cartage Sept. Paid Kamal, discount allowed by him Rs. , Sept. Received from Gurmeet, discount allowed to him Rs. , Sept. Amount withdrawn for house hold use , Sept. Electricity bill paid , Sept. Goods sold for cash , Sept. Bought goods from Kamal on cash basis , Sept. Paid telephone charges , Sept. Paid postal charges Sept. Paid monthly rent , Sept. Paid monthly wages and salary , Sept. Bought goods for cash , Sept. Sold goods for cash , Solution Books of Kuntia Traders Cash Book Dr Cr Receipts Payments Sept. Balance b/d , Sept. , Sept. Puneet , Sept. Rukmani , Sept. , Sept. Drawings , Sept. Gurmeet , Sept. Office furniture , Sept. , Sept. Stationery , Sept. , Sept. Cartage Sept. Kamal , Sept. Drawings Sept. Electric charges , Sept. , Sept. Telephone , charges Sept. Postal charges Sept. Rent , Sept. Wages & Salary , Sept. , Sept. Balance c/d , , , , , Oct. Balance b/d , Illustration Record the following transactions in double column cash book and balance it. Details Aug. Cash balance , Bank balance , Aug. Paid insurance premium by cheque , Aug. Cash sales , Cash discount Aug. Payment for cash purchases , Cash discount Aug. Cash deposited in bank , Aug. Telephone bill paid by cheque , Aug. Withdrawn from bank for personal use , Aug. Withdrawn from bank office use , Aug. Received cheque from John in full and final settlement , and deposited the same in the bank Aug. Received cash from Michael , Discount allowed Aug. Stationery purchased for cash , Aug. Cartage paid in cash Aug. Cheque received from Kumar , Aug. Cheque received from Kumar deposited in Bank , Aug. Cheque deposited on Aug. dishonoured and returned by the bank Aug. Rent paid by cheque , Aug. Paid wages to the watchman in cash , Aug. Paid cash for postage Solution Cash Book Receipts Payments Aug. Aug. Balance b/d , , Insurance , , , C , C , C , Telephone , expenses John , Drawings , Michael , C , Kumar , Printing and , stationery C , Cartage Balance c/d , C , Kumar , Rent , Wages , Postage Balance c/d , , , , , , Sept. Balance b/d , , Illustration Prepare bank column cash book from the following tansactions of M/s Laser Zone for the month of January and post them to the related ledger accounts : Details Jan. Cash in hand , Bank overdraft , Jan. Wage paid Jan. Cash sales , Jan. Purchased goods by cheque Jan. Purchased furniture for cash , Jan. Cash paid to Rohit Jan. Cash sales , Jan. Deposited into bank , Jan. Bank charged interest on overdraft Jan. Paid telephone bill by cheque Jan. Sale of goods and received cheque , (deposited same day) Jan. Paid rent Jan. Drew cash for personal use Jan. Paid salary , Jan. Interest collected by bank , Solution Books of Laser Zone Cash Book Receipts Payments Jan. Jan. Balance b/d , Balance b/d , , Wages , Purchase C , Furniture , , Rohit Interest , C , Overdraft interest Telephone Rent Drawings Salary , Balance c/d , , , , , , Oct. Balance b/d , , Wages Account Jan. Sales Account Jan. , Jan. , Jan. , Purchases Account Jan. Furniture Account Jan. , Rohit Account Jan. Ovedraft Interest (Paid) Account Jan. Telephone Expenses Account Jan. Rent Account Jan. Drawings Account Jan. Salary Account Jan. , Interest (Received) Account Jan. , Illustration Prepare double column cash book of M/s Advance Technology Pvt. Ltd for the month of December from the following transactions : Details Dec. Cash in hand , Cash at bank , Dec. Cash paid to petty cashier , Dec. Received cheque from Priya , Dec. Cash sales Dec. Deposited into bank , Dec. Priya’s cheque deposited into bank , Dec. Purchased furniture by cheque , Dec. Paid trade expenses Dec. Cash sales , Dec. Bank charges Dec. Dividend collected by bank , Dec. Paid electric bill by cheque Dec. Cash purchases Dec. Paid for advertising , Dec. Goods sold and received a cheque , (deposited same day) Dec. Paid legal charges Dec. Drew from bank for personal use Dec. Paid establishment expenses Dec. Paid for printing of bill book Dec. Paid insurance premium by cheque , Dec. Cash sales , Dec. Paid salary by cheque , Dec. Rent paid , Dec. Commission received by cheque , (deposited same day) Dec. Paid for charity by cheque Solution Books of Advance Technology Cash Book Receipts Payments Dec. Dec. Balance b/d , , Petty Cashier , Priya , C , C , C , Furniture , C , Trade expenses , Bank charges Dividend , Electric charges , , Advertisement , Commission , Legal charges Drawings Establishment expenses Printing Insurance , premium Salary , Rent , Charity Balance c/d , , , , , , Jan. Balance b/d , , (ii) Ledger Posting Petty Cashier’s Account Dec. , Priya’s Account Dec. , Sales Account Dec. Dec. , Dec. , Dec. , Furniture Account Dec. , Trade Expenses Account Dec. Bank Charges Account Dec. Dividend Account Dec. , Electric Charges Account Dec. Purchases Account Dec. Advertisement Account Dec. , Legal Charges Account Dec. Drawings Account Dec. Establishment Expenses Account Dec. Printing Account Dec. Insurance Premium Account Dec. , Salary Account Dec. , Rent Account Dec. , Commission Received Account Dec. , Charity Account Dec.