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Explanation:
Mar. 30
Paid for sundry expenses 1,500
2. Enter the following transactions in a cash book, having cash and discount columns
Aug.1
Balance in hand 2,500
Aug 5
Purchased goods from Rahim for cash 750
Aug. 7
Received from Oswal &co. 980 Discount allowed 20
Aug. 10
Paid to Ranjan 290 Discount received 10
Aug. 16
Purchased goods for cash 400
Aug.20
Paid to Sharma & Co. 760 Discount availed 40
Aug. 21
Cash sales 1,000
Aug25
Purchased furniture for cash 250
Aug. 27
Paid wages 50
Aug. 28
Paid rent 150
Aug.30
Paid to Narain 380 Discount received 20
I want the double column cash book to be made on this
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