Question 2 A three-column cashbook is required from the following month transactions. The cashbook should be balanced off at the end of the month and should be transferred to the relevant discount accounts in the general ledger. 2018 Oct 1 Balances brought forward: Cash RM1000, Bank RM5000 Oct 3 Paid creditors by cheque; Lee RM500, John RM300 (before discount) and received 5% discounts on invoice totals. Oct 5 Cash sales RM1200 Oct 9 Paid RM400 cash into bank account Oct 13 Received cheques from customers for accounts totals as follows: Nury RM400, Kay RM800 and Soby RM320, in each case allowing 2.5% discounts. (before discount) Oct 19 Cash purchases RM100 Oct 20 Paid rent by cheque RM250 Oct 22 Received cheque of RM100 from Roy in settlement of sales worth RM105. Oct 25 Cash withdrawn from bank for personal use RM100 Oct 29 Paid Bally by cheque for RM75 in settlement of RM85 account balance. Oct 30 Received commission by cheque RM60 (Total 25 marks)