Cash Book (Credit side only)

Date Discount Cash Bank 20-5

£

£

£

May 1 Balance 2,200 (.

..)

10 J Archer 20 (...)

380 (.

15 Bank 160 (.

20 Purchases 95 (.

27 Fixtures 750 (.

31 Balances 55 (.

440 (.

20 310 3,770 You are required to choose from the following statements the one which you feel best expresses the meaning of each entry shown in the cash book above. Enter the letter (A-M) representing your choice, in the space provided at the side of each entry (...)

A Discount allowed to a debtor for prompt payment B The balance in the firm’s bank account C Discount allowed by a creditor D Cash paid into bank E The purchase of fixtures F The amount of the bank overdraft G Cash withdrawn from bank for office use H Value of cheque received from a debtor J Cash paid for purchase of goods K The amount of cash held in the firm’s office L Value of cheque paid to a creditor M The sale of a computer