25) Enter the following transactions in a simple cash book.
Dec. 10. Sold goods for cash 10000
Dec. 13. Received cash from Harsha * 5000
18. Paid Advertisment charges
1000
Dec. 6. Purchased goods for cash 6000
Dec. 3. Cash paid to Naveen * 3500
2019. Dec. 1. Started business with cash * 50,000.
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Answer:
Simple cash book is receipts and payments account. Receipts are recorded on the debit side and payment are recorded on the credit side.
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