Question: Choose the correct answer Enter the missing amounts in Two Column Cash Book of Al Hosni Hardware. The details of the transactions for the month

 Choose the correct answer Enter the missing amounts in Two Column

Cash Book of Al Hosni Hardware. The details of the transactions for

the month of May 2021 are given below, 14 marks) 91 May,

2021 Kathia paid us by cheque $1,174 15 May, 2021 Purchased $2,000

of merchandise inventory, terms 2/15, n 45, FOB Destination from Britannia plc

31st May, 2021 Paid wages $500 in cash for the month of

May, 2021 CASH BOOK DEBIT CREDIT Bank Bank Cash LF Cash LE

Date Particulars Date Particulars DI Date Particulars C LF 31st May, 2021

15th May, 2021 No Entry 11th May, 2021 When the purchase of

Choose the correct answer

Enter the missing amounts in Two Column Cash Book of Al Hosni Hardware. The details of the transactions for the month of May 2021 are given below, 14 marks) 91 May, 2021 Kathia paid us by cheque $1,174 15 May, 2021 Purchased $2,000 of merchandise inventory, terms 2/15, n 45, FOB Destination from Britannia plc 31st May, 2021 Paid wages $500 in cash for the month of May, 2021 CASH BOOK DEBIT CREDIT Bank Bank Cash LF Cash LE Date Particulars Date Particulars DI Date Particulars C LF 31st May, 2021 15th May, 2021 No Entry 11th May, 2021 When the purchase of a fixed asset, such a Bank Date Caah LF Particulars Darts Kathia Wages Purchases Bank When the purchase of a fixed asset, such as a van, is debited to an expenses account, su Bank Date Cash LF Particulars Date Par $ . $1,174 $500 0 $2,000 the purchase of a fixed asset, such as a van, is debited to an expenses account, articulars Cash LF Bank Date $ Particulars $500 $1,174 0 $2,000 d asset, such as a van, is debited to an expenses account, such as motore Cash LF Bank Date Ca Particulars LF $ O 11th May, 2021 15th May, 2021 No Entry 31st May, 2021 ch as a van, is debited to an expenses account, such as motor exper CASH BOOK CREDIT Bank Bank Date Particulars Cash LF Kathia Bank Purchases Wages CREDIT Bank Date Particulars Cash LF $ $2,000 0 $500 $1,174 Cash LF Bank Particulars 0 $500 $2,000 $1,174

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!