Question

Enter the following transactions in three column cash book:
March 1 - Cash in hand ₹10000 and cash at bank (credit) ₹50000.
March 5 - Goods sold on credit ₹20000
March 10 - Cash received from debtors₹ 18000 after deducing 10% discount.
March 15 - Issued a cheque og ₹19000 to the creditors after deducting 5% discount.
March 20 - Interest received from investment of ₹1200.
March 25 - Out of goods sold ₹15000 a cheque of ₹10000 received immediately.
March 30 - Cash withdrawn from bank ₹5000 for office use. ​

Answer 1

Answer:

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