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Enter the Following Transactions in the books of A.Rahim in a double column cash Book and balance the same on 30th April ,2015 a) Cash
Enter the Following Transactions in the books of A.Rahim in a double column cash Book and balance the same on 30th April ,2015
a) Cash in hand $40,000 and Bank overdrawn balance $1,35,000 b) Received two cheques for each sales From X $60,000 From Y $80,000 c) Endorsed the 1* cheque to purchase furniture from A and the second cheque to B to settle his account. d) Sold goods to M for cash $100,000 and deposited the same into the bank e) The cheque endorsed to B returned dishonored 1) Purchased stationary for $5,000 by cheque 9 Paid wages in cash $10,000 h) Received from P $80,000 on account 1) Q, a customer deposited into the bank $35,000 j) Paid cartage $10,000 k) Bought furniture for cash $60,000 D) Bank debited $1500 for incidental charges m) Deposited all cash over $20,000 in to the BankStep by Step Solution
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