What is cash book, Question 1 What is cash book? Explain the different types of cash, Accounting Basics

What is cash book, Accounting Basics

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1 What is cash book? Explain the different types of cash book
2 Prepare a trial balance from the following

Particulars	Amount Rs.	Particulars	Amount Rs.
Purchases	8,225	Premium on lease	1,200
Wages	1,025	Loan on mortgage	2,500
Sales	12,450	Plant and machinery	2,000
Arun's capital	13,500	Provision for doubtful debts	300
Stock on 1-1-98	1,500	Sundry debtors	16,550
Salary	410	Trade charges	200
Rent and taxes	162	Bad debts	200
		Sundry creditors	2,572

3 The bank statement of Arthur & Co showed an overdraft of Rs.5,600 as on 30th September 2010. The cash book, however, showed a positive balance of Rs.2700 as on the same date. The accountant of Arthur & Co found that the difference in the balance is due to the following

Cheques issued to supplier not yet presented Rs.1,500
Cheques deposited in the bank not yet credited Rs.3,000
A cheque received from a customer and deposited into the bank has been wrongly credited by the bank in Mohandas & Co account Rs. 2,000
Dividend received by the bank not yet intimated Rs1,000
Bank charges not yet recorded in the cash book Rs.400

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What is cash book, Accounting Basics

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