Question

enter the following transactions in the single column cash book of sardar singhand balance the same on the last day of month
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Answer 1

Answer:

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Explanation:

Enter the following transactions in the single column cash book of Sardar Singh and balance the same on the last day of the month :

2018

Jan. 1 Cash in hand

Jan. 3 Cash sales

Jan. 5 Received from Lal on account

Jan 7 Paid into bank

Jan. 8 Purchased postage

Jan. 12 Paid for wages

Jan. 13 Received interest on investment

Jan. 20 Withdrew from bank for office expenses

Jan. 25 Cash purchases

Jan. 26 Cash sales

Jan. 28 Received from Ravinder

Jan. 29 Drew for personal use

Jan. 30 Deposited into bank all cash in excess of

5,100

5,600

800

10,000

200

100

200

2.200

3,000

2.400

1,100

900

1,000