Question

prepare a cash book with cash and discount columns from the following transactions and find out the balance.
2015
July 1 Ramesh Chand commenced business with cash 5,000
July 2 purchased goods for cash 1,000
July 3 sold goods for cash 800
July 6 furniture purchased 100
July 9 paid into bank 1,000
July 12 paid sundry expenses 45
July 15 received cash from sushil in full settlement of his a/c of rs500 490
July 17 paid carriage 20
July 21 paid to vikas 985 discount allowed by him 15
July 24 sent money order to Rajesh 150
paid money order commission 1​

Answer 1

Answer:

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