Question

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Answer 1

Answer:

Record the following transaction in the simple cash book of M/S Akshit and Co. Date2020 1) April1 cash in hand 35,000. 2) April6 received from Radhika ( aftr allowing a discount250) 2000. 3) April8 purchased goods for cash from Barkha3500. 4) April10 paid advertising expenses600. 5) April18 sold goods 7500. 6) April23 paid Abhishek 6500. 7) April27 purchased machinery 4000. 8) April31 paid rent 1700