Show the following entries as they would appear in a three-column cash book: 1 May 2 May
Question:
Show the following entries as they would appear in a three-column cash book:
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1 May 2 May 3 May 4 May 5 May 6 May Credit balance (on bank statement) at bank 700, cash in hand 5. Cash drawn from bank for the till 30. Cheque sent to Brown for 67 in settlement of amount due of 70, discount being received for prompt payment. Received cheque from Jones for 45 in payment of invoiced amount of 47, less cash discount. Cash sales for the day 190 Banked cash sales of previous day 190. Sent cheque to Blewett 100 being instalment due on loan repayment. Took 10 out of till for taxi fares.
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Related Book For
Accounting Theory And Practice
ISBN: 9780273651611
7th Edition
Authors: M. W. E. Glautier, Brian Underdown
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