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What is cash book, Accounting Basics

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Question

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

  1. Cheques issued to supplier not yet presented Rs.1,500
  2. Cheques deposited in the bank not yet credited Rs.3,000
  3. 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
  4. Dividend received by the bank not yet intimated Rs1,000
  5. Bank charges not yet recorded in the cash book Rs.400

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