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185 14. Cash Book On March 01, Akhtar Brothers had cash on hand Rs. 25,000 and cash in bank Rs.20,000. During the month following transactions

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185 14. Cash Book On March 01, Akhtar Brothers had cash on hand Rs. 25,000 and cash in bank Rs.20,000. During the month following transactions were performed. March 04 - Cash Sales Rs. 6,000. March 05 - Deposited cash in to bank Rs. 7,000 March 09 - Cash Purchases Rs. 3,000. March 14 - Paid Wages in Cash Rs. 500. March 17 - Received Cash Rs. 540 from Hamid Sons in full settlement of their account of Rs.600. March 20, Received cheque for Rs. 1,006 from Mr. Hamza and deposited the same in the Bank March 22, Mr. Aslam withdraw from Bank Rs. 2,000 for personal use. March 28, Issued a cheque payable to Mr. Saif for Rs. 800 in full settlement of his account of Rs. 840. Required: A. Enter the opening balances and record the above transaction in a three column cash book. B. Balance the Cash Book on March 31, 1990 and show the opening balance on April 01, 1990. G Continued on next nege

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