From the following transactions, prepare cash and bank columnar cash book in the books of Swara.
Q.7 From the following transactions, prepare cash and bank columnar cash book in the books of Swara.Â
Solution :-Â
| Date | Particulars | V No. | Cash(Rs.) | Bank(Rs.) | Remarks |
|---|---|---|---|---|---|
| March 1 | Balance b/d | 7,000 | (2,500) | Cash balance and bank overdraft | |
| March 2 | Urja | 7,000 | Crossed cheque received and deposited | ||
| March 4 | Ashish (Cash) | 900 | 7,000 | 50% cash for goods sold | |
| March 5 | Bank | 2000 | 7,000 | 50% cash for goods sold |