Enter the following transactions in a two column cash book:
(i) Commenced business with cash Rs 50,000.
(ii) Deposited in bank Rs 40,000.
(iii) Received cash from Mohan Rs 950 in full settlement of a debt of Rs 1,000.
(iv) Bought goods for cash Rs 10,000.

Prepare a Cash Book with Cash and Bank Columns from the following transaction:

How will you make posting into ledger from a Simple Cash Book?

Name the books of original entry where the following transactions will be recorded with reasons thereof:
(i) Goods purchased form Geeta Rs 50,000 on credit.
(ii) Purchase of furniture on credit for use in shop.
(ill) Provision for doubtful debts created @ 5% on debtors with book value of Rs 10,000.
(iv) Defective goods sold to Bina on credit worth Rs 7,000 were returned by her.

In the following Sales Book, determine the missing information:

Enter the following transactions of M/S Rama Prasad in Cash Book:

Enter the following transaction in Cash Book with bank column :

Enter the following transactions in a simple Cash Book of. Lata, Delhi ;

What is contra entry in Cash book? How can you deal this entry while preparing double colurnn cash book?

What is petty cash book? Write the advantages of petty cash book.