2. Write up a two-colum cash book for a furniture shop from the following details, and...

 

 

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2. Write up a two-colum cash book for a furniture shop from the following details, and balance it off as at the end of the month: 2022 July 1 2 3 4 5 7 9 11 15 26 30 31 Started in business with capital in cash RM10,000 Paid rent by cash RM1,000 G.Broad lent us RM12,000, paid by cheque We paid J. Fine by cheque RM1,800 Cash sales RM800 F.Love paid us by cheque RM200 We paid A.Moore in cash RM300 Cash sales paid direct into the bank RM600 P.Hood paid us in cash RM700 Paid motor expenses by cheque RM460 Withdrew RM320 cash from the bank for business use Paid wages in cash RM1,200 2. Write up a two-colum cash book for a furniture shop from the following details, and balance it off as at the end of the month: 2022 July 1 2 3 4 5 7 9 11 15 26 30 31 Started in business with capital in cash RM10,000 Paid rent by cash RM1,000 G.Broad lent us RM12,000, paid by cheque We paid J. Fine by cheque RM1,800 Cash sales RM800 F.Love paid us by cheque RM200 We paid A.Moore in cash RM300 Cash sales paid direct into the bank RM600 P.Hood paid us in cash RM700 Paid motor expenses by cheque RM460 Withdrew RM320 cash from the bank for business use Paid wages in cash RM1,200

Answer rating: 100% (QA)

A twocolumn cash book is used to record both cash receipts and cash payments Here is the cash book f... View the full answer