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On 1 1 May 2 0 2 0 X 9 9 Marshall's cash book showed a cash balance of $ 2 2 4 2 2
On 1 May 20X9 Marshall's cash book showed a cash balance of $224 and an overdraft of $336.During the week ended 6 May the following transactions took place.May 1 Sold $160 of goods to P Dixon on credit.May 1 Withdrew $50 of cash from the bank for business use.May 2 Purchased goods from A Clarke on credit for $380 less 15% trade discount.May 2 Repaid a debt of $120 owing to R Hill, taking advantage of a 10% cash discount. The 57payment was by cheque.May 3 Sold $45 of goods for cash.May 4 Sold $80 of goods to M Maguire on credit, offering a 121/2% discount if payment made within 7 days.May 4 Paid a telephone bill of $210 by cheque.May 4 Purchased $400 of goods on credit from D Daley.May 5 Received a cheque from H Larkin for $180. Larkin has taken advantage of a $20 cash discount offered to him.May 5 Sold $304 of goods to M Donald on credit.May 5 Purchased $135 of goods from Honour Co by cheque. May 6 Received a cheque from D Randle for $482.May 6 Purchased $100 of goods on credit from G Perkins.
REQUIRED:
(1)What is the total of the sales day book?
(2)What is the total of the purchases day book?
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