Question

Solve all attached questions step by step​

Answer 1

Answer:

Mar. 30

Paid for sundry expenses 1,500

2. Enter the following transactions in a cash book, having cash and discount columns

Aug.1

Balance in hand 2,500

Aug 5

Purchased goods from Rahim for cash 750

Aug. 7

Received from Oswal &co. 980 Discount allowed 20

Aug. 10

Paid to Ranjan 290 Discount received 10

Aug. 16

Purchased goods for cash 400

Aug.20

Paid to Sharma & Co. 760 Discount availed 40

Aug. 21

Cash sales 1,000

Aug25

Purchased furniture for cash 250

Aug. 27

Paid wages 50

Aug. 28

Paid rent 150

Aug.30

Paid to Narain 380 Discount received 20

I want the double column cash book to be made on this

Step-by-step explanation:

Mar. 30

Paid for sundry expenses 1,500

2. Enter the following transactions in a cash book, having cash and discount columns

Aug.1

Balance in hand 2,500

Aug 5

Purchased goods from Rahim for cash 750

Aug. 7

Received from Oswal &co. 980 Discount allowed 20

Aug. 10

Paid to Ranjan 290 Discount received 10

Aug. 16

Purchased goods for cash 400

Aug.20

Paid to Sharma & Co. 760 Discount availed 40

Aug. 21

Cash sales 1,000

Aug25

Purchased furniture for cash 250

Aug. 27

Paid wages 50

Aug. 28

Paid rent 150

Aug.30

Paid to Narain 380 Discount received 20

I want the double column cash book to be made on this