From the following transactions, prepare three columnar cash book of Shri Mahendrabhai Bhatt:
2016
Jan 1 Opening cash balance ₹ 3,500, opening bank overdraft ₹ 6,000.
2 Goods of ₹ 2,000 sold to Parag in cash at 10 % cash discount.
4 Goods of ₹ 4,000 purchased from Dipak at 10 % trade discount and 5% cash
discount and the amount is paid by cheque.
6 Goods of ₹ 7,000 sold to Ami. Ami paid 40% amount by cash and the remaining amount is paid by cheque. Cheque is deposited in the bank.
8 Cheque of ₹ 6,000 is received, which is issued by Gaurang towards the payment of his old debt of ₹ 6,050, which is deposited in the bank.
12 Salary of ₹ 2,000 paid by MEET and ₹ 5 paid for NEFT charge.
15 ₹ 1,500 paid for railway freight by cheque.
17 ₹ 4,100 deposited in the bank.
20 As more funds are required in the business, personal vehicle of ₹ 10,000 sold for ₹ 8,000 and ₹ 7,000 is brought in the business.
23 ₹ 6,000 withdrawn from the bank for the payment of school fees of his daughter.
25 ₹ 500 paid for the shop rent.
28 Bank debited ₹ 30 bank commission and ₹ 20 for SMS charges.
29 ₹ 5,000 deposited in the bank account.
