On 1 August, the financial position of Sarah Bowlers business was: During August: 1 The three debtors
Question:
On 1 August, the financial position of Sarah Bowler’s business was:
During August:
1 The three debtors settled their accounts by cheque subject to a cash discount of 3%
2 Sundry expenses of £32.80 were paid in cash 3 Arora was paid by cheque less a discount of 5%
4 The accounts of Hawkins and Clover were settled by cheque subject to a 4% discount 5 Rent of £190.00 was paid by cheque.
Construct the three-column cash book for the above data.
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Aug 01 Balance bd Aug 31 C Roberts Aug 31 J Bellwood Aug 31 P Shortland Aug 31 Balanc...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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