Question

Aug 1 30 Received Interest * 4,000 To Interest Enter the following transactions in the Simple Cash Book of Kamal Traders. 2018 Cash in hand 37,400 4 Cash received from Sakshi 25,000 5 Cash purchases * 25,000 at 12% T.D. 8 Invested in Shares 25,000 10 Paid for Sundry Expenses 3,000 12 Paid Life Insurance Premium 8,000 16 Received Dividend 2,000 20 Paid Telephone Bill 6,000 22 Received Interest 1,000 25 Cash Sales 25,000 at 20% T.D. 28 Paid Electricity Bill 4,500 Column Cash Book​

Answer 1

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