Question
Enter the above transactions in W asims Three Column C ash book for the month of June 2020 June 2020 1 Cash in hand $1,532
Enter the above transactions in Wasims Three Column Cash book for the month of June 2020
June 2020
1 Cash in hand $1,532 and Balance at bank $18,500.
2. The following firms paid us their account by cheque, in each case deducting a 5% discount:
Towell LLC $800,
Huwaei $2,200.
4. Purchased goods on terms 2/15, n/30 worth $3,200 from Robbin LLC
8. We paid the following by cheque, in each case deducting 2.5% cash discount:
Wali and Sons $2,400.
Tamadher Traders $3,000.
10. Withdrew from bank for office use $400.
14. Deposited into bank $500.
15. Cash sales $2,460.
18. Purchased a motor car for $6,500 payment made by cheque.
25. Paid wages $350 in cash
29. Paid general expenses $360 in cash
31. Paid a cheque to Robin LLC in full settlement of their account after taking the discount.
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