Enter the following transactions in Cash Book with discount columns: 2007 Jan. 1 Cash in hand 5

Enter the following transactions in Cash Book with discount columns:

2007

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Jan. 1 Cash in hand 5 Paid to Ram 1500 300 Discount allowed by him 10 8 Purchased goods 400 10 10 Received from Gupta 980 Discount allowed 20 16 Sold goods 400 21 Paid to S. Sharma 295 Discount received 5 25 Paid wages 50 31 Paid to Narayan in full settlement of his account which shows a credit balance of 400 390