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ILLUSTRATION 3.
Write up Single-Column Cash Book for the month of April, 2023 of Mr. Vikas
Oberoi, from the following transactions:
2023
April 1 Balance from last month
2 Deposited into Bank
5 Purchased goods
6 Purchased goods from Ramesh
10 Purchased furniture for Cash
₹
2,50,000
75,000
40,000
30,000
25,000
20,000
28,500
1,500
14 Issued cheque to a creditor
40,000
15 Sold goods to Vishnu for Cash
36,000
16 Cash sales of 1,20,000 of which banked on 20th April
1,00,000
Received from Ganga Ram
19,600
Loan given to Charan Das
Paid to Ramesh
Discount Received



Answer :

GinnyAnswer
Let's compile the Single-Column Cash Book for the month of April 2023 for Mr. Vikas Oberoi based on the transactions given:

### Single-Column Cash Book

| Date | Particulars | Amount (₹) | | Date | Particulars | Amount (₹) |
|------------|-----------------------------------|------------|------------|------------|-----------------------------------|------------|
| 2023 | | | | 2023 | | |
| April 1 | To Balance b/d | 2,50,000 | | April 5 | By Purchases | 40,000 |
| April 2 | To Bank Deposit | 75,000 | | April 6 | By Ramesh | 30,000 |
| April 15 | To Cash Sales (Vishnu) | 36,000 | | April 10 | By Furniture | 25,000 |
| April 16 | To Cash Sales | 1,00,000 | | April 14 | By Creditor | 28,500 |
| April 19 | To Ganga Ram | 19,600 | | April 20 | By Bank | 20,000 |
| | | | | | | |
| | | | | April 15 | By Loan to Charan Das | 40,000 |
| | | | | April 14 | By Paid to Ramesh | 1,500 |
|------------|-----------------------------------|------------|------------|------------|-----------------------------------|------------|
| Balance b/d| To Final Balance* | 2,95,600 | | | | |
|------------|-----------------------------------|------------|------------|------------|-----------------------------------|------------|

### Notes:

1. Opening Balance: 2,50,000
2. Bank Deposit: 75,000
3. Purchases: 40,000
4. Purchases from Ramesh: 30,000
5. Furniture purchased: 25,000
6. Issued Cheque to Creditor: 28,500
7. Cash Sales to Vishnu: 36,000
8. Cash Sales of 1,00,000, out of which 20,000 banked: The remaining 80,000 is recorded as cash sales.
9. Ganga Ram’s Receipt: 19,600
10. Loan Given to Charan Das: 40,000
11. Payment to Ramesh: 1,500

Let's verify and validate the cash balance step by step:

1. Starting balance: ₹2,50,000
2. Adding deposit: ₹2,50,000 + ₹75,000 = ₹3,25,000
3. Subtracting purchases: ₹3,25,000 - ₹40,000 = ₹2,85,000
4. Subtracting purchases from Ramesh: ₹2,85,000 - ₹30,000 = ₹2,55,000
5. Subtracting furniture purchase: ₹2,55,000 - ₹25,000 = ₹2,30,000
6. Subtracting cheque issued to a creditor: ₹2,30,000 - ₹28,500 = ₹2,01,500
7. Adding cash sales to Vishnu: ₹2,01,500 + ₹36,000 = ₹2,37,500
8. Adding cash sales of ₹80,000 (after banking ₹20,000): ₹2,37,500 + ₹80,000 = ₹3,17,500
9. Subtracting loan given to Charan Das: ₹3,17,500 - ₹40,000 = ₹2,77,500
10. Subtracting payment to Ramesh: ₹2,77,500 - ₹1,500 = ₹2,76,000
11. Adjusting for Ganga Ram's receipt: ₹2,76,000 + ₹19,600 - ₹20,000 (banked part of cash sales) = ₹2,75,600 + ₹19,600 = ₹2,95,600

Final balances after April transactions: ₹2,95,600

Thus, the correct balance as on April 30th, 2023, in the cash book is ₹2,95,600.

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