Question $2$

Jessica Rabbit, owns a retail clothing store in Scotland that has the following details relating to her business activities for the month of January $2018$

January $1$ Cash in hand $$200$; balance overdrawn at bank $$400.$

January $2$ Cash sales $$1,500$; banked cash $$1,200.$

January $7$ Paid Hajib & co$.$ by cheque $ $150.$

January $10$ Received Abdul's cheque $$850$ and deposited into bank.

January $14$ Paid salaries in cash $$250$; bought goods for cash $$140.$

January $15$ Sent a cheque to Jones for $$175$; Discount received $$5.$

January $16$ Drew cash from bank for office use $$160.$

January $21$ Cash sales $$121$; paid wages in cash $$120.$

January $22$ Sold furniture for $$90,$ receiving payment by cheque.

January $23$ Received by cheque amounting to $$360$ from Fatah Ahmed; Discount $ $10.$

January $24$ Roger Rabbit paid Jessica $$850$ by cash receiving a $10\%$ discount.

REQUIRED:

a$)$ Prepare a three$-$column cashbook for the month of January, balancing off the account and clearly indicating the amounts for Discount Allowed and Discount Received