Question

Sept. 1 Sept. 4 Sept 5 Sept. 6 Sept. 10 Sept. 11 Sept. 12 Sept. 15 Sept. 16 Sept. 17 Sept 18 Sept 20 Sept 23 Sept. 28 Sept. 29 Enter the following transactions in a cash book with cash, discount and bank columns and balance the cash book on 30th September, 20148. 2018 Balance of cash in hand * 400 ; bank overdraft 5.000. Introduced cash 10,000 as further capital of which 5,000 was deposited into bank Sold goods for cash 3,000 Collected from X8,000 by cheque and allowed discount 200 Purchased goods for cash 2,000 and by cheque3,000 Paid 2500 by cheque and discount received 100. Paid commission to an agent 500 Purchased office furniture by cash 2,000 Rent paid 100 Drew a cheque for personal use 1,000 Cash sales 5,000 Collected from Y3 4000 in cash and deposited into bank the next day. Dividend received by cheque 100 and deposited into bank. Paid office salaries by cheque 2,000 Deposited into bank cash retaining 1,800 dicount and bank columns​

Answer 1

Explanation:

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