Tutorial 3 A three-column cash book is to be written up from the following details and...
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Tutorial 3 A three-column cash book is to be written up from the following details and balanced off. 20X9 Jan 1 2 4 6 8 10 12 15 18 21 24 25 29 31 Balances brought forward: Cash RM2300; Bank RM47560. The following paid their accounts by cheque, in each case deducting 5% cash discounts: Willow RM1, 400; Sarah RM2, 200; Jessy RM3,000. Paid rent by cheque RM1,200. Clara lent us RM1,000 by cheque. We paid the following accounts by cheque in each case deducting 2.5% cash discounts: Bobby RM3, 600; Phillip RM4, 800; Ciara RM8, 000. Paid motor expenses in cash RM440. Hallen pays his account of RM770, by cheque RM740, deducting RM30 cash discount. Paid wages in cash RM1, 600. The following were paid in their accounts by cheque, in each case deducting 5% cash discount: Charlez RM2, 600; JJ company RM3, 400; Harris RM4, 600. Cash withdrawn from the bank RM3500 for business use. Cash drawings RM1,200. Paid Terry his account of RM1, 400, by cash RM1, 330 having deducted RM70 cash discount. Purchased furniture by paying RM6, 500 in cheque. Received commission by cheque RM880. Tutorial 3 A three-column cash book is to be written up from the following details and balanced off. 20X9 Jan 1 2 4 6 8 10 12 15 18 21 24 25 29 31 Balances brought forward: Cash RM2300; Bank RM47560. The following paid their accounts by cheque, in each case deducting 5% cash discounts: Willow RM1, 400; Sarah RM2, 200; Jessy RM3,000. Paid rent by cheque RM1,200. Clara lent us RM1,000 by cheque. We paid the following accounts by cheque in each case deducting 2.5% cash discounts: Bobby RM3, 600; Phillip RM4, 800; Ciara RM8, 000. Paid motor expenses in cash RM440. Hallen pays his account of RM770, by cheque RM740, deducting RM30 cash discount. Paid wages in cash RM1, 600. The following were paid in their accounts by cheque, in each case deducting 5% cash discount: Charlez RM2, 600; JJ company RM3, 400; Harris RM4, 600. Cash withdrawn from the bank RM3500 for business use. Cash drawings RM1,200. Paid Terry his account of RM1, 400, by cash RM1, 330 having deducted RM70 cash discount. Purchased furniture by paying RM6, 500 in cheque. Received commission by cheque RM880.
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Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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