Question

(9) Prepare Two Column Cash Book from the following transactions:
(4)
Date
Particulars
2020
April 1
Cash in hand R 73,000; Bank Overdraft < 45,000
April 5
Purchased goods from Hari Krishna of the list price of 40,000 at 5% trade
discount and payment made by cheque.
April 12
Goods sold for R 95,000 and payment received by cheque, Cheque deposited
Into bank on the same day.
April 17
Goods purchased on credit from Gopal € 12,000 and for cash 30,000.
April 25
Salaries pald by cheque < 24,000 and salary outstanding <3,000
April 29
Settled the amount due to Gopal by paying < 11,800 in full settlement of his Alo
by cash.
April 30
Life Insurance premium of the proprietor paid by cheque 4,000.​

Answer 1

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