Prepare a three-column cash book from the following details. Balance at the end of the month and show the discount accounts in the general ledger.

Tim tam is a sole trader. At 1 October 2018, his cash in hand was $68, but he had a bank overdraft of $1,692. The following were his transactions for the month of October 2018:

Oct 2 Received a cheque of $160 from Max in full settlement of a debt of $168. This was paid straight into the bank. Oct 10 Cash sales paid direct to bank $2,086; Oct 12 Sent a cheque $75 to Eastern; Oct 14 Paid $35 cash for stationery; Oct 16 Paid to Sam the sum of $86 by cheque in settlement of an amount owed to him $90; Oct 18 Drew cheque for office cash $150; Oct 20 Cash sales $1,120; Oct 21 Received loan interest of $60, and paid this into bank. The sales of the previous day were also banked; Oct 22 Paid cleaners wages out of cash $35; Oct 24 Paid telephone expenses by cheque $147; Oct 26 Received a cheque of $704 from Chalke in settlement of his account amounting to $720. Tim tam paid this into the bank; Oct 28 Paid $40 out of cash for office expenses; Oct 30 Paid $254 to L Hall by cheque in full settlement of the $260 balance on his account; Oct 30 Bank notified Tim tam that they had charged $20 bank interest to his account.