Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A three-column cash book is to be written up from the following details for Miss Donna Marie Pretty and balanced off. 2009 April 1 April
A three-column cash book is to be written up from the following details for Miss Donna Marie Pretty and balanced off. 2009 April 1 April 2 Balances brought forward: cash, $230; bank; $4756 the following paid their accounts by Cheque, in each case deducting 5% cash discounts: Accounts: Alvin. M, $140; Peart. D, $220; Lee. C, $300 Paid rent by cheque, $120 Janice. R lent us $1000 paying by cheque we paid the following accounts by Cheque in each case deducting a 2 % cash discount: Kemar. B, $360; Christopher. J, $480; Simone. S, $800 April 4 April 6 April 8 April 10 Paid motor expenses in cash, $44 April 12 Garth.L paid his account of $77 by cheque $74, deducting $3 cash discount April 15 Paid wages in cash, $160 April 18 the following paid their accounts by Cheque, in each case deducting 5% cash discount: Kadian. H, $260; Kingsley. M, $340; Annmarie. C, $460 cash withdrawn from the bank $350 for business use cash drawings, $120 Paid Sean. W his account of $140, by cash $133, having deducted $7 cash discount bought fixtures paying by cheque, $650 received commission by cheque, $88 April 21 April 24 April 25 April 29 April 30 (25 marks)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started