1. CASH BOOK

Answer all questions. 1. CASHBOOK A three-column cashbook is required for the following month from the following transactions. The cashbook should be balanced off at the end of the month and the totals should be transferred to the relevant discount accounts in the general ledger. 2014 October 1 Balances brought forward: Cash RM 115, Bank RM 290 (Cr.) October 3 Paid creditors by cheque; Daud RM440 Lamin RM 120 (before discount) and received a 5% discount on invoice totals. October 5 Cash sales RM 489 October 9 Paid RM 300 cash into bank account October 13 Received cheques from customers for accounts totals as follows: Musa RM 264, Wahid RM 360 and Wahab RM 120, in each case allowing a 2.5% discount. October 19 Cash purchases RM 78 October 20 Paid rent by cheque RM 56 October 22 Received cheque of RM 90 from Kasim in settlement of sales worth RM 95. October 25 Cash withdrawn from bank for personal use RM 100 October 29 Paid Dollah by cheque for RM 85 in settlement of RM 95 account balance. October 30 Received commission by cheque RM 46