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A three-column Cashbook Ali Trading is required for the following month of November 2020 based on the following transactions. 2020 Details November 1Balances brought down:
A three-column Cashbook Ali Trading is required for the following month of November 2020 based on the following transactions. 2020 Details November 1Balances brought down: Cash $320; Bank $5,940 2The following paid us by cheque, in each case deducting a 5% cash discount. Bud $800; Sam $300; Nathan $500. 3Cash sales paid direct into the bank $730. 5Paid rent by cash $300. 7 We paid the following accounts by cheque, in each case deducting 2.5% cash discount: Peter $400; Hugh $360; Jade $960. 9Withdrew cash from the bank for business use $400. 10Cash sales $1,780. 12Amy paid us their account of $280 by cheque less $5 cash discount. 16Paid wages by cash $550. 20Bought equipment by cheque $3,890. 25Cash sales $970. 28Bought stationaries paying by cash $58. Based on the Three column Cashbook of Ali's Trading at 30 November 2020: Find the Total cash for Ali Trading as at 30 November 2020: O A. $3,100 O B. $2,562 O C. $3,650 O D. $3,470
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