Joseph Simpson is a trader who keeps a three-column cash book; during the month of March 20-9 the following transactions took place. Enter each transaction in the cash book, balance at the end of the month, bring down the balances and show the discount accounts as they would appear in the general ledger:

Mar 1 Balances brought down from previous month: cash £141, bank £2,894.20 2 Bought goods costing £78, paying in cash 3 Received a cheque from G Horsfall £185.20 in full settlement of his account of £190 5 Withdrew £300 from bank for use in the business 6 Paid rent £75 in cash 7 Bought goods costing £152, paying in cash 9 Paid M Green £275 by cheque 10 Paid L Moore’s account of £478.50 by cheque less 5 per cent cash discount 12 Cash sales £98 14 Cash drawings £150 16 Withdrew £350 from the bank for business use 18 A Thompson pays £121.50 in cash, this was in full settlement of his account of £128.75 20 Purchased goods costing £55, paying in cash 22 Paid G Strong’s account of £296 by cheque less 5 per cent cash discount 24 Received £386 in cash from J Seymore in full settlement of his account of £403.30 26 Paid £250 of the cash into the bank 27 Paid wages £75 in cash 28 Received £325.25 by cheque from R Lewis in full settlement of her account of £342.75 30 Paid R Morton’s account of £760.80 by cheque, less 5 per cent cash discount.