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Prepare a two column cash book from the following information and balance off as at end August 1 Started business with capital in cash P20,000
Prepare a two column cash book from the following information and balance off as at end August 1 Started business with capital in cash P20,000 2 Paid rent by cash P2,300 8 Kesa lent us P8,000, and paid it by cheque 11 We paid Doreen by cheque P2,100 15 Cash sales P1,900 21 Nathan paid us by cheque P2,000 25 We paid Enita in cash P2,050 a) From the following transactions which took place in the month of August 2016, draw up the purchases day book for Madinare and daughters traders. August 3. Bought goods from Xi Shop Ltd P810 5. Bought goods on credit from Ted P3,870 6. Purchase goods on credit from Mamoyo P1,230 13. Made credit purchases from Computec P2,350 17. Credit purchases from Renovator Ltd P500 23. Goods were bought from Daison P1,100 (12) Prepare a two column cash book from the following information and balance off as at end August 1 Started business with capital in cash P20,000 2 Paid rent by cash P2,300 8 Kesa lent us P8,000, and paid it by cheque 11 We paid Doreen by cheque P2,100 15 Cash sales P1,900 21 Nathan paid us by cheque P2,000 25 We paid Enita in cash P2,050 a) From the following transactions which took place in the month of August 2016, draw up the purchases day book for Madinare and daughters traders. August 3. Bought goods from Xi Shop Ltd P810 5. Bought goods on credit from Ted P3,870 6. Purchase goods on credit from Mamoyo P1,230 13. Made credit purchases from Computec P2,350 17. Credit purchases from Renovator Ltd P500 23. Goods were bought from Daison P1,100 (12)
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