Write up a two-column cash book from the following data. May 01 Balances at start of month
Question:
Write up a two-column cash book from the following data.
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May 01 Balances at start of month Bank 45.62 (0/d) Cash in till 23.92 May 02 Petrol paid 16.23 cash May 04 Cash sales of 215.00 paid directly into the bank May 06 Sundry expenses paid 6.11 cash May 09 A Kanner lent us 800, paid by cheque May 12 We pay a supplier, A Rogers, by cheque 56 May 14 Rent paid by cheque 67 May 17 Cash withdrawn from bank for business use 30 May 19 Vehicle bought for business use 450 paid by cheque May 22 Withdrew 90 from bank for private use May 23 Sold computer for 150 cash May 24 Commission received in cash 24 May 26 P Cargill, a debtor, pays us 56 cash May 28 Interest paid on overdraft charged directly to bank account for 11.14 May 29 Cash purchases 89.50 May 30 Money worth 100 transferred from cash till to bank account
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2011 May 01 Balance bd May 04 Sales May 09 A Kanner ...View the full answer
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Related Book For
Frank Woods Business Accounting Basics
ISBN: 9780273725008
1st Edition
Authors: Frank Wood, Mr David Horner
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