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Q2). Enter the following Transactions in a Three Column Cash Book for Macho Enterprises for March 2019. Balance off the accounts and bring down balances.

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Q2). Enter the following Transactions in a Three Column Cash Book for Macho Enterprises for March 2019. Balance off the accounts and bring down balances. Failure to do so will lead to loss of points March 1 Cash in hand Gh 500 and balance at bank Gh 12,000 (credit) 2 Investment of additional capital of Gh 12,000 5 Paid Gh8,000 into bank 8 Received from Rose Gh 890 after allowing her a discount of Gh10 12 Paid to Gloria Gh1,200 who allowed Paa Bobo a discount of Gh30 15 Bought goods for cash worth Gh700 17 Sold goods for cash Gh 1,000 2 18 Purchased furniture by cheque for Gh 1,500 19 Received a cheque of Gh230 from Sarfo in full settlement of his debt of Gh240 22 Paid commission of Gh 150 by cheque 25 Withdrew Ghe 300 for personal use 26 Paid to Kojo Gh700 by cheque after receiving a discount of Ghe20 27 Withdrew for personal use Gh300 29 Received dividend by cheque for Gh30 and deposited in the bank on the same day 30 Paid salary of manager for Gh350 and wages for other workers for Gh150 30 Paid rent for Gh200 and telephone bill of Gh50 (20 Points)

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