Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

[19/05, 7:55 pm] abby: Write up a two-column cashbook from the following details, and balance off as at the end of the month: 2003 May

[19/05, 7:55 pm] abby: Write up a two-column cashbook from the following details, and balance off as at the end

of the month:

2003

May 1 Started business with capital in cash Sh.1,000.

" 2 Paid rent by cash Sh.100.

" 3 F Lake lent us Sh.5,000, paid by cheque.

" 4 We paid B McKenzie by cheque Sh.650.

" 5 Cash sales Sh.980.

" 7 N Miller paid us by cheque Sh.620.

" 9 We paid B Burton in cash Sh.220.

" 11 Cash sales paid direct into the bank Sh.530.

" 15 G Moores paid us in cash Sh.650.

60

" 16 We took Sh.500 out of the cash till and paid it into the bank account.

" 19 We repaid F Lake Sh.1,000 by cheque.

" 22 Cash sales paid direct into the bank Sh.660.

" 26 Paid motor expenses by cheque Sh.120.

" 30 Withdrew Sh.1,000 cash from the bank for business use.

[19/05, 8:03 pm] abby: In an open pit mine, describe how economics (being profitable) determines the stripping ratio and production scheduling for the mine. (5 marks)

the question is based on

MI1033 - Introduction to Mining

Module #4 - Development and Production

i haved posted this question before but I didn't get the answer. so this time I want the right and accurate answer. the question worth 5 marks

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cost Accounting

Authors: William K. Carter

14th edition

759338094, 978-0759338098

Students also viewed these Accounting questions