Prepare a three column cash book of XYX Itd from the details below. July 2019 July...
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Prepare a three column cash book of XYX Itd from the details below. July 2019 July 1 Balance brough forward: cash shs. 6,200: Bank shs. 71,420 July 2 The following paid their account by cheque, in each case deducting 5 per cent cash discount: Slick shs.2,600; Fish shs 3,200; Old shs. 4,200 July 4 paid rent by cheque shs. 4,300 July 6 Black lent us shs.50,000 paying by cheque. July 8 paid the following accounts by cheque in each case deducting a 5 per cent cash discount: White shs.7,200;Green shs 9,600; Flip 16,000 July 10 paid motor expenses in cash shs. 810 July 12 Jpie pays his account of 900, by cheque shs.880, deducting shs20 cash discount. July 15 paid wages in cash shs. 5,800 July 18 the following paid their accounts by cheque in each case deducting 5 per cent cash discount; Pony shs.5,400, Line shs.7,000; owen shs. 5,200 July 21 cash withdrawn from the bank shs. 4,000 for business use July 24 cash drawings shs. 2,000 July 29 bought fixtures paying by cheque shs. 7,200 July 31 received commission by cheque shs. 1,200 Prepare a three column cash book of XYX Itd from the details below. July 2019 July 1 Balance brough forward: cash shs. 6,200: Bank shs. 71,420 July 2 The following paid their account by cheque, in each case deducting 5 per cent cash discount: Slick shs.2,600; Fish shs 3,200; Old shs. 4,200 July 4 paid rent by cheque shs. 4,300 July 6 Black lent us shs.50,000 paying by cheque. July 8 paid the following accounts by cheque in each case deducting a 5 per cent cash discount: White shs.7,200;Green shs 9,600; Flip 16,000 July 10 paid motor expenses in cash shs. 810 July 12 Jpie pays his account of 900, by cheque shs.880, deducting shs20 cash discount. July 15 paid wages in cash shs. 5,800 July 18 the following paid their accounts by cheque in each case deducting 5 per cent cash discount; Pony shs.5,400, Line shs.7,000; owen shs. 5,200 July 21 cash withdrawn from the bank shs. 4,000 for business use July 24 cash drawings shs. 2,000 July 29 bought fixtures paying by cheque shs. 7,200 July 31 received commission by cheque shs. 1,200
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Related Book For
Cambridge IGCSE And O Level Accounting Coursebook
ISBN: 9781316502778
2nd Edition
Authors: Catherine Coucom
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