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Question One D. Ramsook recorded the following transactions during the month of August 2012: dates 2016 Transactions August 1Balances brought forward Cash $3 400

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Question One D. Ramsook recorded the following transactions during the month of August 2012: dates 2016 Transactions August 1Balances brought forward Cash $3 400 Bank $9 850 5Paid general expenses, cheque $1000 6Cash sales $840 6Personal drawings $240 cash Paid the following accounts: Joseph $4 500 V. Thomas $2 560 Each deducted 5% cash discount and paid the difference by cheque 13Cash sales $690 19n settlement of his account of $860, P. Stewart sent a cheque for $840 20 Paid cash into bank $2.000 23 Mary, who has an account balance of $1 000, paid her account in full by cheque after deducting 10% cash discount 25Drawings by cheque $500, 30 Paid cash of $1000 into the bank account alances (20 marks) Time left:

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