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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
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 70 100 150 $ Cash balance 145 Bank balance 860 Paid Lin & Co $450 cheque Received 10 discount Paid sundry expenses in cash Withdrew cash from bank for business use Bought goods for cash Received $110 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 5245 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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