William Dyson keeps a two-column cash book; during the month of June 20-9 the following transactions took

Question:

William Dyson keeps a two-column cash book; during the month of June 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:

June 1 Started business with £6,000 in cash 2 Paid rent £120 in cash 3 Bought goods £495, paying in cash 4 Paid £5,000 cash into the bank 5 Sold goods and received cash £220 8 Bought office equipment costing £296, paying by cheque 9 Received £75 in cash from R Trent 10 Bought goods costing £298, paying in cash 11 Paid rates £120 by cheque 12 Cash drawings £80 15 Paid wages in cash £150 16 Withdrew £250 from the bank for business use 17 Received refund of rates £26 by cheque 18 Paid M Timpson £45 in cash 19 Sold goods and received cash £145 20 Received a loan of £500 by cheque from D Chadwick 23 Paid £200 of the cash into the hank 24 Bought goods costing £141, paying in cash 25 Paid E Robinson £267 by cheque 26 Received £68 in cash from M Casde 27 Paid insurance by cheque £64

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: