How are contra entries done in the cash books?

Refer the data given below −

Transactions

Aug 1       Bank balance b/d                                        $28000

Aug 1       Cash balance                                              $1200

Aug 3       Paid cheque for laptop                                $1050

Aug 11    Cash withdrawn from bank for office use     $700

Aug 13    Paid cash for paper                                      $450

Aug 14    Banked cash sales                                       $3800

Aug 21    Wages paid                                                   $1500

Aug 24    Cash withdrawn from bank for office use      $800

Aug 26    Banked cash sales                                        $3500

Aug 27    Paid for materials by cheque                        $950

Aug 29    Paid for services by cash                              $500

Aug 30    Wages paid by transfer                                  $1300

Solution

The solution for contra entries in cash books, based on the above mentioned data is as follows −

Here, C = contra entries