CA FND M23 - Cash Book Questions
CA FND M23 - Cash Book Questions
CA FND M23 - Cash Book Questions
1. Enter the following transactions in Cash Book with Discount and Bank Columns. Cheques are
first treated as cash receipt.
2006 Rs.
Jan.1 Chandrika commences business with Cash 20,000
"3 He paid into Current A/c 19,000
"4 He received cheque from Kirti & Co. on account 600
"7 He pays in bank Kirty & Co's cheque 600
"10 He pays Rattan & Co. by cheque and is allowed discount Rs. 20 330
"12 Tripathi & Co pays into his Bank A/c 475
"15 He receives cheque from Warshi and allows him discount Rs. 35 450
"20 He receives cash Rs. 75 and cheque Rs. 100 for cash sale
"25 He pays into Bank, including cheques received on 15th and 20th 1,000
"27 He pays by cheque for cash purchase 275
"30 He pays sundry expenses in cash 50
2017 Rs.
March
Cash in hand 12,000
1
Cash at bank 15,000
2 Cash paid into bank 11,000
Goods sold Rs. 18,500. Half of it is received in cash and half of it is received
3.
by cheque which is immediately deposited in the bank
4 Sold on credit to Jayaraj for 7,000
8 Jayaraj sent a cheque in full settlement 6,900
12 Jayaraj’s cheque was sent to bank
14 Bought goods from Iqbal and issued a cheque to him immediately 8,500
20 Drew cash Rs. 3,000 and by cheque Rs. 5,000 for personal use
25 Paid Vinod by cheque in full settlement of his account of Rs. 2,000 1,850
CA Fnd M23 1
KS Academy Cash Book
3. During May 2016, the KSA Trading Company made the following transactions:
4. Enter the following transaction in Cash Bank with Discount and Bank columns. Cheques are first
treated as cash receipts –
2020 Rs.
Mar-01 Cash in Hand 15,000
Overdraft in Bank 500
2 Cash Sales 3,000
3 Paid to Sushil Bros. by cheque 3,400
Discount received 100
5 Sales through credit card 2,800
6 Received cheque from Srijan 6,200
7 Endorsed Srijan’s cheque in favour of Adit
9 Deposit into Bank 6,800
CA Fnd M23 2
KS Academy Cash Book
10 Received cheque from Aviral and deposited the same into 3,600
Bank by allowing discount of Rs. 50
Adit informed that Srijan’s cheque is dishonoured. Now cash is
12 received from Srijan and amount is paid to Adit through own
cheque
15 Sales through Debit Card 3,200
24 Withdrawn from Bank 1,800
28 Paid to Sanchit by cheque 3,000
30 Bank charged 1% commission on sales through Debit/Credit Cards
5. From the following particulars in the books of Dinesh Singh prepare three column cash book.
1992 Particulars Rs
Nov-01 Cash in Hand 750
“ 1 Cash in Bank 9,700
“ 2 Cash received from baba Prasad 1,872
Discount given 28
“ 4 Salaries paid for October 1,500
“ 4 Cash Sales to Ranga rao 4,700
“ 5 Paid to veerabhadhram through cheque 475
Discount Received 25
“ 17 Cheque received from raghu ram(sent To bank) 391
“ Discount given 9
“ 19 withdrawn form bank for personal use 2,300
“ 21 Deposited in the bank 862
6. Make out three column cash book of Sri kishore Karwankar from the following Particulars
1997 Particulars Rs
Jan-01 Cash in Hand 1,000
“ 1 Cash in Bank 20,000
“ 2 Purchased goods for Cash 600
“ 4 Sold goods for Cash 2,000
“ 10 Received cash from Birajdar ( Discount allowed Rs 25) 875
“ 12 Issued Cheque to Mohan Rao (Discount Received Rs 20) 480
“ 14 Cash Deposited in bank 1,000
“ 16 Received cheque from prabakar (in full settlement of a debt of Rs. 950
1000)
“ 20 Bank collects interest on Securities 500
“ 22 Received cheque from Kulkarni, deposited in bank 1,000
“ 27 Bank returns cheque of Kulkarni as dishonoured
“ 30 Bank charges as per Pass Book 50
“ 31 Amount withdrawn from bank for office use 500
“ 31 Amount withdrawn for Personal use 1,000
CA Fnd M23 3
KS Academy Cash Book
7. Prepare a Three Column Cash Book of M/s Tulsian & Co. from the following particular
Date Particulars
Jan-01 Cash in hand Rs. 50,000, Bank Overdraft Rs. 20,000.
2 Paid into bank Rs 10,000.
3 Bought goods from Hari for Rs. 200 for cash.
4 Bought goods for Rs. 2,000 paid cheque for them, discount allowed 1%.
8 Purchased an old typewriter for Rs. 200. Spent Rs. 50 on its repairs.
Bank notified that Shyam's cheque has been returned dishonoured and
9 debited the account in respect of charges Rs. 10.
CA Fnd M23 4