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Single Column Cash Book Problems and Solutions

Problem .No.1
                        Write up a single column Cash book from the following transactions:

2000 May-1   Cash in hand                                                           Rs.2000/-
            2          Purchased merchandise for Cash                                200/-
            3          Paid carriage                                                                  20/-
            4          Cash sales                                                                   100/-
            5          Paid wages                                                                 1000/-
            6          Cash Purchases                                                           100/-
            8          Received cash from Bilal                                            1000/-
            10        Sold old furniture for cash                                              200/-
            12        Cash sales                                                                     300/-
            14        Merchandise purchased on credit                                  500/-
            16        Sold merchandise to Hamza                                           200/-
            18        Purchased stationery                                                       100/-
            19        Loan given to Saleem                                                        50/-
            20        Received cash from Kaleem                                            100/-
            21        Withdrew cash for personal use                                       600/-
            22        Paid electricity bill                                                               50/-
            24        Paid rent of the buildsing                                                  100/-
            29        Saleem paid his loan                                                          50/-
            31        Cash sales                                                                        100/-



Solution:
Dr                                     Single Column Cash Book                                     Cr.                                        
Date
Receipts
Vr.No
LF
Amount
Date
Payments
Vr.No
L.F
Amount
2000
May-1
Balance
b/d


      2000
2000
May 2
Purchases


        200
4

Sales


        100
3
Carriage


          20
8

Bilal


      1000
5
Wages


      1000
10

Furniture


        200
6
Purchases


        100
12

Sales


        300
18
Stationery


        100
20

Kaleem


        100
19
Saleem


          50
29

Saleem


          50
21
Drawings


        600
31

Sales


        100
22
Electricity


          50





24

Rent


        100





31

Bal. C/d


      1630

Total



      3850




      3850
June
1
Balance
b/d


    1630









Problem # 2

            Write-up a single column cash book from the following transactions:

Date
Transaction
Rs.
2005
May.1
 Started Business with Cash
1,500
2
Purchased merchandise for cash
200
3
Paid carriage
20
4
Cash sales
100
5
Paid wages
500
6
Cash purchases
100
8
Received cash from Jalal
500
10
Sold old furniture for cash
200
12
Sales
300
14
Merchandise purchased on credit
500
16
Sold merchandise to Usama
200
18
Purchased stationery
100
19
Loan given from Kamal
50
20
Received cash from Murshad
100
21
Withdrew cash for personal use
100
22
Paid electricity bill
50
24
Paid rent of the building
100
29
Kamal paid his loan
50
31
Cash sales
100


Solution:
Single Column Cash Book
Dr.                                                                                                                   Cr.
Date
Receipts
Vr.No
L.F
Amount Rs.
Date
Payments
Vr.No
L.F
Amount
Rs.
2005
May.1
Capital



1,500
2005
May.2
Purchases


200
4
Sales


100
3
Carriage


20
8
Jalal


500
5
Wages


500
10
Furniture


200
6
Purchases


100
12
Sales


300
18
Stationery


100
20
Murshad


100
19
Kamal


50
29
Kamal


50
21
Drawings


100
31
Sales


100
22
Electricity


50





24
Rent


100





31
Bal. C/d


1,630

Total


2,850




2.850
Jun.1
Balance
b/d


1,630






Now Try to find out answers of the following Problems of yourself 


Q. No.1
                   Prepare single column Cash book of the following transactions.

            Jan-1  Invest cash by proprietor in business for Rs.50000/-
              “   2    Purchased merchandise for Cash Rs.20000/-
              “   3    Sold goods for Cash Rs.40000/-
              “   4    Paid Salary Rs.2000/-
              “   5    Cash Purchases Rs.10000/-
              “   6    Cash Purchases  Rs.20000/-
              “   7    Received Cash from Ahmed Rs.30000/-
              “   8    Paid Cash to Supplier Rs.20000/-
              “   9    Purchased goods for Cash Rs.20000/-
              “   10 Sold goods for Cash Rs.30000/-
              “  12 Paid Rent of shop Rs.2000/-
              “   15 Received Cash  as commission Rs. 15000/-
                       
Answer:___________.

Q. No.2   Prepare single column cash book.

            Jan-1  Started business with Cash Rs.80000/-
             “    2    Purchased building Rs.50000/-
            “     3    Purchased goods for Rs.20000/-
            “     4    Sold goods for Rs.30000/- in Cash.
            “     5    Sold building for Rs.40000/-
            “     6    Received Cash from Shahid Rs.10000/-
            “     7    Paid to Supplier Rs.8000/-
            “     8    Cash Purchases Rs.20000/-
            “     9    Cash sales Rs 25000/-
            “    12  Paid Rent Rs.2000 Salary Rs.1000/-
            “    13  Received Commission in cash Rs.10000/-
            “    14  An additional cash received from owner into business
                        Rs.50000/-
            “    15  Sold goods for Cash Rs.25000/-
            “    16  Purchased goods for Cash Rs.18000/-
            “    20  Cash Sales Rs.28000/-
            “    21  Cash Purchases Rs.25000/-

                        Answer:______________

Q. No.3          Prepare single column cash book.

            Feb-1  Mr. Ghazi started business with cash Rs.18000/-
            “  2       Paid Cash into Bank Rs.8000/-
            “  3       purchased Furniture for Rs.5000/-
            “  4       Purchased goods for Rs.20000/-
            “  5       Drew cash from bank Rs.3000/-
            “  6       Drew cash for his personal use Rs.8000/-
            “  7       Repair made and cash received Rs.10000/-
            “  8       Bought supplies for Rs.10000 in cash.
            “  9       Cash Purchases Rs.15000/-
            “ 10     Cash sales Rs.20000/-
            “ 12     Paid cash into Bank Rs.20000/-
            “ 13     Paid Salary Rs.8000/-
            “ 14     Received cash on account Rs.20000/-
            “ 15     Paid cash on credit Rs.15000/-

                        Answer:______________.

Q.No.4           Prepare single  column cash book.         
                       
Dec.1st,2005. Cash in hand Rs.100000/-
“           2          Purchased goods for Rs.50000/-
            3.         Sod goods for cash RS.60000/
            4.         Fresh capital invested Rs.50000/-
            5          Cash sales Rs.25000/-
            6          Cash Purchases Rs.28000/-
            7          Paid to supplier Rs.15000/-
            8          Received cash from Ali Rs.20000/-
            9          Paid salary Rs.6000/-
            10        Received Rs.10000/- as commission.
            12        Drawings Rs.3000/-

                        Answer:_____________.

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