Question

Enter the following transactions in cash book with discount and cash column of Anand.

2017 Oct
1	Cash in hand	19,500
4	Sold goods for cash	32,000
5	Credit purchases from Gandhi	20,000
9	Received from Gopu	11,800
	Discount allowed to him	200
15	Cash paid for Electricity charges	12,500
17	Bought computer and its accessories by cash	16,800
25	Paid cash to Gandhi ₹ 19,700 in full settlement of his account
28	Received cash from Thiruvengadam	8,900
	Discount allowed to him	100
30	Paid trade expenses in cash	3,500

Answer 1

In the books of Anand Cashbook with
cash and discount and cash columns

Dr.									Cr.
Date	Receipts	L.F.	Amount ₹		Date	Payments	L.F.	Amount ₹
			Discount	Cash				Discount	Cash
2017 Dec.					2017 Dec.
1	To Balance b/d			19,500	15	By Electricity charges A/c		12,500
4	To Sales A/c			32,000	17	By Computer A/c		16,800
9	To Gopu A/c		200	11,800	25	By Gandhi A/c		300	19,700
28	To Thiruvengadam A/c		100	8,900	30	By Trade expenses A/c			3,500
					31	By Balance c/d			19,700
			300	72,200				300	72,200
2018 Jan. 1	To Balance b/d			19,700