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Unit 11
Workbook
CB # 11.1: Write up a traders single column cash book for the month of April 2010, from the following. Rs. 1 Cash in hand ... 1,650 2 Cash sales ... 16,000 3 Paid check to creditors... 4,000 4 Wages paid in cash .2,250 4 Cash sales ... 18,000 9 Paid cash to TCP against Note Payable.. 420 11 Paid salaries by cash .... 2,850 12 Credit Sales 1,000 14 Note Receivable Realized ..3,000 Rs. 17 Paid cash for repairing 360 19 Sales by cash ... 11,400 21 Paid office expense . 180 25 Paid rent and rates ... 3,600 26 Cash sales 19,200 27 Paid electricity bill .......900 28 Cash collected from debtor. 4,500 29 Goods Purchase ... 2,000 30 Retire bank loan 3,000
Requirement: Rull-off and balance the cash book at April 30, 2010.
Trader Cash Book (Single Column) For the month ended April, 2010 Receipts
Date 2010 April April Description Ref Amount Date 2010
Payments
Description Ref Amount
Total May
73,750
Total
73,750
125
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Unit 11
Workbook
CB # 11.2: Prepare single column cash book for the month of June 2009 from the following of United Limited. Rs. 1 Opening Cash Balance . 44,000 3 Credit sales ... 6,000 5 Paid to creditors.... 4,000 6 Outstanding Wages paid 2,200 7 Cash sales ... 9,000 9 Paid Note Payable by Bank .... 3,500 11 Paid salaries by cash .... 2,700 12 Loan to employees 1,000 14 Note payable paid ..3,000 15 Miscellaneous Expenses paid . 4,600 Rs. 16 Paid cash creditors 360 18 Credit Sales .... 400 20 Purchases on account . 180
22 Discount Allowed ... 3,600 24 Cash sales 10,000 26 Received Commission ....... 900 27 Cash collected from customer . 4,500 28 Credit Purchase ... 2,000 29 Obtain bank loan 2,600 30 Depreciation expense 1,100
Requirement: Rull-off and balance the cash book at June 30, 2009.
United Limited Cash Book (Single Column) For the month ended June, 2009 Receipts
Date 2010 June Description Ref Amount Date 2010 June
Payments
Description Ref Amount
Total July
71,000
Total
71,000
126
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Unit 11
Workbook
CB # 11.3: From the following particulars write up the two column cash book for ATD Trading Co. for the month of Oct 2009 2009 Oct 1 3 5 7 8 9 13 15 17 23 25 30 Cash in hand Rs. 16,000; Bank balance Overdraft Rs. 4,000 Paid Salaries and Wages Rs. 1,200 by cash and Rent by check Rs. 400 Cash Sales Rs. 5,000 and Credit Sales Rs. 1,000 Rs. 3,000 bring by owner of the business, of which Rs. 2,000 was banked and the balance was retained Received a check from Mr. Kamal and deposited into the bank of worth Rs. 8,000 Withdrew from bank for business purpose Rs. 3,000 and for office use Rs. 7,000 Received check from Ahmed of Rs. 12,000 and was not deposited in same date Purchased goods for cash Rs. 2,400 Ahmed check received on 13th October were deposited into bank Paid Insurance Premium by check of Rs. 800 Sales by cash Rs. 8,000 Check received form Ahmed was dishonoured and return by bank
ATD Company Cash Book For the month ended Oct, 2009 Receipts
Date 2009 Oct Description Ref Cash Bank Date 2009 Oct
Payments
Description Ref Cash Bank
Total Nov
52,000
27,200 Nov
Total
52.000
27,200
127
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Unit 11
Workbook
CB # 11.4: Record the following transaction in a suitable cash book of Mr. ABC for the month of March 2010, and show the closing balances of cash and bank (all figures in rupees). 1 He had cash in hand . 2 Opened a Bank Account .. Rs 50,000 30,000 20 Deposited Jamals check Rs 10,000
21 Drawing by cash . 1,500 22 Paid Electricity bill by check . 350 23 Taxes payment made . 24 Merchandising purchases by bank .... 100 7,000
4 Received cash from customer Ahmed 4,000 6 Paid to creditor Ali by bank .... 500
7 Purchase by cash .. 1,000 10 Rent paid 250 11 Owner withdrawn by bank 12 Cash Sales . 14 Received check from Debtor Jamal .. 15 Paid wages . 17 Buy furniture paid check .. 19 Cash Purchases of Inventory. 3,000 5,000 10,000 200 4,000 3,000
25 Sales by check (not deposited) .. 12,000 26 Sales to Bilal on credit . 5,000 27 Purchase Machinery ... 2,000
28 Received debtors check and deposited 3,000 29 Paid railway freight by bank 250 29 Purchase stamps & stationery.... 20
Mr. ABC Cash Book (Double Column) For the month ended March, 2010 Receipts
Date 2010 March Description Ref Cash Bank Date 2010 March
Payments
Description Ref Cash Bank
Total April
83,500
43,000
Total
83,500
43,000
128
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Unit 11
Workbook
CB # 11.5: On April 1, 2010, Norrani Store Cash Book showed debit balances of Cash Rs. 1,550 and Bank Rs. 13,575. During the month of April following business was transacted. You are required to prepare Two Column Cash Book. 2010 April 02 07 10 16 20 22 24 26 28 29 30 Purchased Office Type-Writer for Cash Rs. 750; Cash Sales Rs. 1,315 Deposited Cash Rs. 500 to bank. Received from A. Hussain a check for Rs. 2,550 in part payment of his account. Paid by check for merchandise purchased worth Rs. 1,005. Deposited into Bank the check received from A. Hussain. Received from customer a check for Rs. 775 in full settlement of his accounts. Sold merchandise to sweet Bros. for Rs 1,500 who paid by check which was deposited into bank. Paid creditor a Salman Rs. 915 by check. Deposited into Bank the check of customer of worth Rs. 775 was dated 22nd April. Paid wages by cash Rs. 500 and salary Rs. 1,000 by bank. Drew from Bank for Office use Rs. 250 and Personal use Rs. 150
Norrani Store Cash Book (Double Column) For the month ended April,2010 Receipts
Date 2010 April Description Ref Cash Bank Date 2010 April
Payments
Description Ref Cash Bank
Total May
6,440
18,900
Total
6,440
18,900
129
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Unit 11
Workbook
CB # 11.6: From the following particulars write up the cash book of XYZ Trading Co. for the month of October, 2009 2009 Oct 1. 2. 7. 10 14 16 21 23 24 27 30 Cash in hand Rs. 200; Balance overdrawn at Bank Rs. 400 Cash sales Rs. 1,500; Banked cash Rs. 1,200 Paid Habib & co. by check Rs. 150 Received Abduls check Rs. 850 and deposited into bank Paid salaries in cash Rs. 250; bought goods for cash Rs. 140. Drew from Bank for office use Rs. 160 Cash sales Rs. 21; paid wages in cash Rs. 120 Received by check from Aftab Ahmed Rs. 360; Discount Rs. 10. Abduls check returned by bank unpaid. Sent a check to Jones for Rs. 175; Discount received Rs. 5 Deposited Aftabs check
XYZ Trading Co. Cash Book For the month ended October 30th, 2009 Receipt side
Data 2009 Oct Description Ref Cash Bank Dis. Data 2009 Oct
Payment side
Description Ref Cash Bank Dis.
Total Sep
2,241
2,410
10
Total
2,241
2,410
130
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Unit 11
Workbook
CB # 11.7: From the following particulars make cash book of BKT Trading Co. for the month of November, 2009. 2009 Nov 1 4 6 12 13 19 20 21 25 28 29 30 Cash balance (Cr) Rs. 2,000; Bank balance Rs. 40,000 Cash sales Rs. 3,700; Credit sales Rs. 1,800 would be received at near future Paid Ahmed & Bros. by cash Rs. 500; Received cash by debtors Rs. 1,800 Paid to vendor by means of check worth Rs. 2,700 Paid Utility bills in cash Rs. 250; Bought goods by check Rs. 750 Drew from Bank for office use Rs. 160; Personal withdrawal of cash Rs. 1,000 Received a check from Hamid Rs. 2,700 and deposited into the bank Received by check from Munir Rs. 1,360; Discount Rs. 140 Cash sales Rs. 2,100; Paid wages by bank Rs. 1,500 Deposited Munirs check into bank Payment by check to Anees for Rs. 175; Discount received Rs. 25 Munirs check has been dishonoured and return by bank
BKT Trading Co. Cash Book For the month ended November 30th, 2009 Receipt side
Data 2009 Nov. Description Ref Cash Bank Dis. Data 2009 Nov.
Payment side
Description Ref Cash Bank Dis.
Total Dec
9,120
44,060
140
Total
9,120
44,060
25
131
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Unit 11
Workbook
CB # 11.8: Enter the following transactions in the Cash Book with Cash, Bank and Discount column for A R Khan and Co. for December, 2009 (all figures in dollar)
1 1 4 4 5 6 6 10 11 11 13 14 14 Cash in hand Balance at Bank (Overdraft) Invested further Owner's Equity Deposited into Bank Sold goods for Cash Collected from Debtor Imran and Co. Discount allowed to Imran and Co. Purchased goods for Cash Paid to Kamran and Co. our Creditor Discount Received from Kamaran and Co. Commission paid to Agent Office Furniture Purchased Rent Paid 400 5,000 10,000 6,000 3,000 8,000 200 5,500 2,500 65 530 200 50 14 16 17 18 19 22 24 25 27 28 29 30 Electricity charges paid Drew Check for personal use Cash sales Collected from Umer by Check Umer's Check deposited into Bank Drew Check for business use Dividend received by Check and deposited Commission received by Check Paid from Bank, salary of the office staff Check of 25th deposited into Bank Paid salary of the manager by Check Deposited Cash into Bank 10 700 2,500 4,000 4,000 150 50 230 1,500 230 500 1,000
A R Khan Cash Book For the month ended December, 2009 Receipt side
Date 2009 Dec Description Ref Cash Bank Dis Date 2009 Dec
Payment side
Description Ref Cash Bank Dis
Total Jan
28,280
11,280
200
Total
28,280
11,280
65
132
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