External . Users Emple Question Bob Stanley is a sole proprietor who keeps records of his cash and bank transactions. This transactions for the month of may. 01 Cash in hand RM 400 cash at bank RM 6 000 04 Stanley received a cheave for RM 1 200 from W. Albert which was paid directly into the bank (cash sales ) 06 Paid wages in cash RM 60 08 Sold goods for cash RM 300 10 Received cash from G. Small for RM 600 in full settlement of a debt of RM 640; paid directly into the bank 11 Paid sundry expenses in cash RM 48 14 Purchased goods by cheque for RM 1 400 18 Paid J. Sandoz a cheque of RM 190 in full settlement of a debt of RM 210 23 Withdrew RM 25 from the bank to pay the office cleaning company 24 Paid wages in cash RM 60 26 Sold goods for cash RM 380 28 Paid salary by cheque RM 240 31 Retained cash amounting to RMGoo and paid the remaining to the bank