[ISC] Q 18 Cash Book Solutions TS Grewal Class 11 (2022-23)

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Are you looking for the solution of Question 18 Cash Book TS Grewal class 11 ISC 2022-23?

Enter the following transactions in Three-Column Cash Book of Gaurav, Delhi:

2022
April 1
Opening Balance of Cash in Hand
Opening Balance of Bank Overdraft
1,00,000
5,00,000
April 2Sold goods for cash4,00,000
April 3Sold goods against cheque and paid into bank the same day3,00,000
April 5Sold goods to Reema1,00,000
April 6Ram was paid by cheque
Discount received
78,000
2,000
April 7Bought goods from Rahul, Gurugram paid him by cheque40,000
Salary paid to staff by cheque2,20,000
April 10Deposited into Bank3,10,000
April 11Received a cheque from Suresh and paid into bank
Discount allowed
1,28,500
1,500
April 15Received from R.Kumar a cheque for a full settlement of his account for ₹ 1,95,0001,87,500
April 18Paid wages in cash30,000
April 20Bank charges5,000
April 22Withdrew from bank for office use1,00,000
Withdrew from Bank for personal use20,000
April 25Paid electricity bill by cheque31,500
Issued a cheque in favour of Sudha as advance for purchase of house of Gaurav2,00,000
April 26Received a cheque from Amar
Allowed disount to him
58,200
1,800
April 28Cheque received from Amar sent to bank
April 30Bank collected interest received on investments15,000
Paid rent for the month of May, 202220,000

Solution:-

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