Angela started her second week with a cash balance of 9,070. She deposited 3,000 of this into
Question:
Angela started her second week with a cash balance of £9,070. She deposited £3,000 of this into a bank account which she opened that day. The second week transactions (stated in the date sequence in which they took place) were as follows:
Required:
Write up the Cash account and the Bank account and calculate the end of week balance for each.
Transcribed Image Text:
Date Transaction 8.1 Paid £2,400 for three more laptops by cheque number 0001 8.1 Sold two laptops at £1,200 each 8.1 Paid £80 in cash for additional writing material Paid £150 for advertising by cheque number 0002 Sold a laptop for £1,200 9.1 10.1 10.1 Deposited £4,000 in the bank 11.1 14.1 Paid £3,200 for four more laptops by cheque number 0003 Deposited in the bank all cash held in hand only leaving a balance of £500 in hand
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The payment voucher for bank deposits in support of both payments recorded in the Cash account and ...View the full answer
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Related Book For
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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