Question

Enter the following transactions in a cash book with cash and bank columns and balance the
cash book on 30th September, 2018.
2018
Sept. 1 Balance of cash in hand 400 ; bank overdraft 5,000.
Sept. 4 Introduced cash 10,000 as further capital, of which 5,000 was deposited into bank
Sept. 5 Sold goods for cash 3,000
Sept. 6 Collected from X* 8,000 by cheque and allowed discount 200
Sept. 10 Purchased goods for cash 2,000 and by cheque 3,000
Sept. 11 Paid *2500 by cheque and discount received 100.
Sept. 12 Paid commission to an agent 500
Sept. 15 Purchased office furniture by cash 2,000
Sept. 16 Rent paid 100
Sept. 17
Drew a cheque for personal use * 1,000
Sept. 18 Cash sales 5,000
Sept. 20 Collected from Y*4000 in cash and deposited into bank the next day.
Sept. 23 Dividend received by cheque 100 and deposited into bank.
Sept. 28
Paid office salaries by cheque * 2,000
Sept. 29 Deposited into bank cash retaining 1,800
handbalcolumna​

Answer 1

Answer:

Cash = money balance..........etc

Answer 2

Explanation:

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