The following transaction relate to the business of Dublin: Required a) Enter the transactions in the cash
Question:
The following transaction relate to the business of Dublin:
Required
a) Enter the transactions in the cash book.
b) Balance the cash book on 8 May.
Transcribed Image Text:
3 May 3 May 5 May 6 May 7 May 8 May Cash sales £4,268 Cash paid into bank £4,000 Rates paid by cheque £245 Cheque received from Marks, a customer, £2,120 £2,467 withdrawn from the bank for use in the business Wages paid £2,467 cash.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 33% (3 reviews)
Cash Book Date Description Receipts Payments Balance 3 May Cash sales ...View the full answer
Answered By
Chandrasekhar Karri
I have tutored students in accounting at the high school and college levels. I have developed strong teaching methods, which allow me to effectively explain complex accounting concepts to students. Additionally, I am committed to helping students reach their academic goals and providing them with the necessary tools to succeed.
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Emily Jackson (Social Security number 765-12-4326) and James Stewart (Social Security number 466-74-9932) are partners in a partnership that owns and operates a barber shop. The partnership's first...
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
-
Carol Harris, Ph.D, CPA, is a single taxpayer and she lives at 674 Yankee Street, Durham, NC 27409. Her Social Security number is 793-52-4335. Carol is an Associate Professor of Accounting at a local...
-
Food Enterprises is analyzing the performance of their retail business and have calculated Value At Risk at $17,350,000 under the statistical method at a 95% confidence level, and a mean of $898,000....
-
Hillsborough Co. has a held-for-collection investment in the bonds of Schuyler Corp. with a carrying (and fair) value of $70,000. Hillsborough determined that due to poor economic prospects for...
-
Pritano Company acquired all the net assets of Succo Company on December 31, 2010, for $2,160,000 cash. The balance sheet of Succo Company immediately prior to the acquisition showed: As part of the...
-
Chee Yong Chaw began his business on 1 July 2025. The business balances its books at month-end and uses special journals and the periodic inventory system. Transactions for July 2025 were as follows:...
-
Arden Company reported the following costs and expenses for the most recent month: Direct materials . . . . . . . . . . . . . . . . . . . . . . $ 80,000 Direct labor . . . . . . . . . . . . . . . . ....
-
18. The atomic number of elements P, Q, R and T are 19,17, 14 and 6 respectively. The pair of elements that can react to form an ionic compound is A. Q and T B. R and Q C. Q and P D. R and T 19. The...
-
The following transactions relate to the business of Golightly: Required a) Enter the transactions in the cash book. b) Balance the cash book on 9 January. 2 January 3 January 3 January 5 January 6...
-
The following transactions relate to the business of York: Required a) Enter the transactions in the cash book. b) Balance the cash book on 25 October. 19 October 20 October 21 October 21 October 22...
-
4.3 (1.5 x) 13.76 Describe the solution set as an inequality, in interval notation, and on a graph.
-
Assume that the plate is made of Carbon steel (1%) 2 cm thick and that 300 W is lost from the plate surface by radiation, calculate the inside plate temperature. k=43 W/m.*C Answer:
-
Daniel is an 89 year old widower with $500,000 Term to 100 death benefit policy. Daniel has been paying his monthly premiums for decades. Unfortunately he has just had a stroke and is in intensive...
-
Situational Leadership Situational leadership was originally developed by Paul Hersey and Kenneth Blanchard (1969). As the name implies, situational leadership requires adapting to situations that...
-
How do you think mistakes should be viewed if the organization is to proactively support innovation and change? How can frontline managers encourage and support employees so that they contribute new...
-
Fiscal Year 1 Fiscal Year 2 Long-term Assets: Property, plant, & equipment $28,174 $32,407 Less accumulated depreciation $13,354 $15,357 Property, plant, & equipment (net) $14,824 $17,047 Operating...
-
One type of electromagnetic radiation has a frequency of 107.1 MHz, another type has a wavelength of 2.12 10-10 m, and another type of electromagnetic radiation has photons with energy equal to 3.97...
-
A horizontal annulus with inside and outside diameters of 8 and 10 cm, respectively, contains liquid water. The inside and outside surfaces are maintained at 40 and 20oC, respectively. Calculate the...
-
Identify one example of a cost centre.
-
Give an alternative name for absorption costing.
-
Number of units produced 200. Total costs involved in their production $7500. Calculate the cost per unit.
-
One of the driving engines that generate profits within capitalist production is the way that the price of wages is determined. The capitalist pays a wage for the worker that is different than the...
-
A country produces good X using labor (L) and capital (K), and good Y using L and land (T). Unfortunately they suffer an earthquake in a major city and some of their capital stock is destroyed. a)...
-
e3z (i) Find all the poles of the function f (z) = and plot them on 22(22 +22+2) (ii) an Argand diagram. Hence evaluate the integral of (2) dz, writing your solutions in the form a + jb where a and b...
Study smarter with the SolutionInn App