Question: From the account balances below, Draw up the 3-column eash book of J. Martin for the month of July year 3. Balance the cash and

 From the account balances below, Draw up the 3-column eash book

From the account balances below, Draw up the 3-column eash book of J. Martin for the month of July year 3. Balance the cash and bank columns, bringing down the balances at 1 August, year 3. - Cash in hand: 1,255 - Bank: 8,790 The following are his transactions for the month of July year 3 July3Receivedachequeof1,050fromDPoleinfullsettlementofdebtof1,070 Cash sales 3,000; banked the same day Withdrew 500 cash for his private use " 11 Withdrew 1,000 from bank to make cash in office " 12 Cash sale 3,600, in which 600 was received in cash " 16 Sent cheque 855 to C Hill in settlement of a debt of 870 " 23 Paid 260 in cash to A Dobbs in settlement of a debt of 270 Received 572 in cash from E Lawler in settlement of a debt of 580 Dr CASH BOOK

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!