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Jessica Rabbit, owns a retail clothing store in Scotland that has the following details relating to her business activities for the month of January 2
Jessica Rabbit, owns a retail clothing store in Scotland that has the following details relating to
her business activities for the month of January
January Cash in hand $; balance overdrawn at bank $
January Cash sales $; banked cash $
January Paid Hajib & co by cheque $
January Received Abduls cheque $ and deposited into bank.
January Paid salaries in cash $; bought goods for cash $
January Sent a cheque to Jones for $; Discount received $
January Drew cash from bank for office use $
January Cash sales $; paid wages in cash $
January Sold furniture for $ receiving payment by cheque.
January Received by cheque amounting to $ from Fatah Ahmed; Discount $
January Roger Rabbit paid Jessica $ by cash receiving a discount.
REQUIRED:
a Prepare athreecolumn cashbook for the month of January, balancing off the
account and clearly indicating the amounts for Discount Allowed and
Discount Received
Create it as one cashbook with all the columns
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