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QUESTION 2 (a) Record the following transactions in the Three Column Cash Book of General Store. 2013 March 1 4 II 7 8 12 17

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QUESTION 2 (a) Record the following transactions in the Three Column Cash Book of General Store. 2013 March 1 4 II 7 8 12 17 $ Cash balance 145 Bank balance 860 Paid Lin & Co $450 cheque Received S10 discount Paid sundry expenses in cash 70 Withdrew cash from bank for business use 100 Bought goods for cash 150 Received S110 cheque from Huangan, having allowed him a discount of $20 Cash sales 90 Withdrew money from office cash for own use 50 He & Co. paid its account by cheque $200 less 10% cash discount Paid Malacca Traders by cheque S245 in full settlement of account for $250 Banked in all cash 25 28 29 30 31 (a) Prepare Cash Book (15marks)

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