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Mr. Vincent does not pay all cash received into his bank. He desires to record all cash received and paid and all his bank transactions in one cash book. His transactions are: Rs 2009 Aug 1 Cash in hand 1,000 Bank overdraft 1,750 Received cash from Mr. X (Discount allowed Rs 25) 175 2 Paid into bank 1,000 5 Drew cheque for Mr. Y (after deducting discount Rs 50) 200 9 Drew from bank 750 11 Cash sales 5,000 16 Paid wages by cheque 700 18 Received cheque from Z 2,800 (after allowing him discount Rs 200 and paid it in bank) 21 Z’s cheque returned dishonoured 23 Received cash from Mr. A (after allowing him discount Rs 50) 950 25 Paid into bank 1,000 27 Paid cash to Mr. B (after deducting discount Rs 35) 465 30 Bank charges as per Pass Book 15
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