From the following data, construct the cash book for the month of May 2011. May 1 Balance
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From the following data, construct the cash book for the month of May 2011.
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May 1 Balance at bank 430 (overdrawn) and 21 cash in hand May 3 Sale of equipment for 120 with payment received by cheque May 5 Cash of 120 withdrawn from bank and placed into cash till May 9 Purchase of goods for 50 payment by cheque May 11 Payment received by cheque from K Maher (a debtor) for 42 May 12 Rent paid by cheque 255 May 15 Purchase of office supplies 71 paid with cash May 21 Sale of goods for cash 99 May 31 Banked all cash held in till - except for 20
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2011 May 01 Balance bd May 03 Equipment May 05 Bank May 11 K Maher May 21 ...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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