Question

The following transactions relate to the business of Jayden Kibbe for the month of October 2020:
October 1: Balance brought forward
Cash Kshs 400,000
Bank overdraft Kshs 26,650
October 3: Introduced additional capital by cheque kshs 15,000.
October 8: Bought equipment by cheque Kshs 3,000
October 10: Cash sales kshs 17,500
October 14: Withdrew cash from bank for office kshs 5,000
October 16: Paid salaries by cash kshs 4,500
October 18: Bought motor vehicle by cheque kshs 25,000
October 25: Receipt from customers by cheque. The accounts have a 5% cash discounts:
Bilhah Ltd kshs 27,000
R and R Merchants Ltd kshs 9,000
Cool Baby Ltd kshs 18,000
October 28: Payments to creditors by cheque, having deducted 10% cash discounts:
Zuri Ltd kshs 27,000
Pamba Ltd kshs 1,350
October 30: paid rent in cash kshs 300
October 31: Banked all cash in hand except kshs 250
Required: Three column cash book duly balanced on 31 October 2020. (15 Marks)

Answer 1

Answer:

With a one-year deadline set by NGT in March to ensure full compliance, civic bodies are running against time to streamline waste segregation and disposal in the ‘model wards’. Sidharth Ravi and Shinjini Ghosh take stock of the measures under way, from awareness campaigns to training of waste pickers, updating databases of households to plans for penalties