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1 At the beginning of September 2020, Frasers had the following debit balance in the cash book: Cash $550 and Bank Credit balance $1220. During
1 At the beginning of September 2020, Frasers had the following debit balance in the cash book: Cash $550 and Bank Credit balance $1220. During the busy month of September 2020, Frasers could not keep his cash book up to date. : SEPT $ 1 Cashed cheque for private expenses 460 4 Banked cheques from Receivables: Rae Rae 2.000 Windy 3 600 Homes Ltd. 800 6 Cash Sales 4 000 205282 22 10 Paid rent by cheque 2000 15 Banked dividend cheque from Keys Company Limited 380 17 Bought stationery in cash 175 18 Paid M & M, by cheque in full settlement of $2 400 2.000 Collected cash for sales 540 Lings paid his account $4 200 by cheque having deducted a 5% discount 27 28 2222 24 Paid the balance on the telephone bill by cheque 24 Paid accounts ABC Ltd. by cheque And Amery Distributors. Bought goods on credit from XYZ Ltd by cheque Paid Naturals Ltd. by cash 30 Paid for repairs by cheque 1 040 3 200 2 000 100 160 250 30 Paid wages in cash 1 100 Draw up the three-column cash book for Frasers for the month of September 2020
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