Question

Q.2
CASH BOOK
A three-column cashbook is required from the following month from the following transactions.
The cashbook should be balanced off at the end of the month.
20X5
October 1
Balances brought forward: Cash £115, Bank £290 (Cr.)
Paid creditors by cheque; G Denton £440 L Lewis £120 received a 5% discount
October 3
on invoice totals.
October 5
Cash sales £489
October 9
Paid £300 cash into bank account
October 13
October 19
October 20
Received cheques from suppliers for accounts totals as follows: R Moore £264,
L Webster £360 and C Webb £120, in each case allowing a 2.5% discount.
Cash purchases £78
Paid rent by cheque £56
Received cheque of £90 from H Kasim in settlement of sales worth £95.
Cash withdrawn from bank for personal use £100
Paid D Doyle by cheque for £85 in settlement of £95 account balance.
Received commission by cheque £46
October 22
October 25
October 29
October 30​

Answer 1

Answer:

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