Q.3 Record the following transactions in Cash Book of M/s Kamal Traders.

Record the following transactions in Cash Book of M/s Kamal Traders

03. Cash Sales Rs.2,300

05. Purchased goods and amount paid by cheque Rs.6,000
08. Cash sales Rs.10,000
12. Paid General expense Rs.700
15. Sold goods and amount received by Cheque and deposited in to Bank Rs.20,000
18. Purchased Motor Car paid by Cheque Rs. 15,000
20. Cheque received from Mrunal deposited into bank Rs.10,000
22. Cash Sales Rs.7,000
25. Mrunal`s cheque returned dishonoured.
28. Paid Rent Rs.2,000
29 paid Telephone expense by cheque Rs.500
31. Cash withdrawn from Bank for personal use Rs.2,000

Solution:

In the Books of M/s kamal Traders.

Date	Receipts			R	LF	Cash			Bank		Date		Payments				V		LF	Cash				Bank
Aug  2018  1	To Balance b/d					2,000			8,000		Aug  2018  5		By Purchase A/c  [being Purchased goods]											6,000
3	To Sales A/c  [Being Cash Sales]					2,300					12		By General expense A/c  [Being Paid for general expense]							700
8	To Sales A/c  [Being Cash Sales]					10,000					18		By Motor Car   [being Notor Car purchased]											15,000
15	To Sales A/c  [Being Sold goods]								20,000		25		By Murnal A/c  [Being chqeque dishonoured]											10,000

20	To Murnal A/c  [Being Cheque deposited into Bank]								10,000		28		By Rent   [Being Rent Paid]							2,000
22	To Sales A/c  [Being Cash Sales]					7,000					29		By Telephone expense   [Being Paid Telephone expense]											500
											31		By Drawings   [Being cash withdrawn from bank for personal use]											2,000
											31		By Balance c/d							18,600				4,500
						21,300			38,000											21,300				38,000
Sept  1	To Balance b/d					18,600			4,500