Douglas Lockwood keeps a two-column cash book. During the month of September 20-9 the following transactions took
Question:
Douglas Lockwood keeps a two-column cash book. During the month of September 20-9 the following transactions took place. Enter each transaction in the cash book, balance at the end of the month, and bring down the balances.
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Sep 1 Balances brought down from previous month: cash 78; bank overdraft 1,006 3 Withdrew 350 from the bank for business use 2 Paid rates 195 by cheque 4 Cash purchases 226 7 Received 492 by cheque from J. Giles & Son 8 Paid J. Carson 465 by cheque 9 Paid motor expenses 73 in cash 10 Cash sales 368 11 14 Paid 200 of the cash into the bank Received 798 by cheque from W. Powers 15 Paid Thomas Wagner 376 by cheque 16 Drawings 350 in cash 17 18 19 21 24 26 Withdrew 400 from the bank for business use Cash purchases 295 Cash sales 212 Received 628 by cheque from L. Spencer Received 572 by cheque from T. Norbury Cash sales 356 30 Received 970 by cheque from W. Freeman
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