On first May, 2011 the columnar money book of Mitra demonstrated that he had ` 2,000 in his money box and that there
was a bank overdraft of ` 8,000. Amid the day the accompanying exchanges occurred:
Cash withdrawn from bank for office use 10,000 Paid salaries in cash 3,000 Cash paid to Harish & Co. 6,500 Drawings in cash made by Mitra for household expenses 1,000 Received from G. Guha in settlement of an account of ` 10,000, ` 1,800 in cash and a cheque of ` 8,000. The cheque was immediately deposited in bank Cash sales 6,500 Bank returns a cheque of ` 9,900 received from Kulu & Sons in settlement of an account of ` 10,000 Paid rent by cheque 1,500 Cash deposited with bank 6,000