Question
QUESTION THREE Write up a two-column cash book for a Papa Furniture shop from the following details, and balance it off as at the end
QUESTION THREE Write up a two-column cash book for a Papa Furniture shop from the following details, and balance it off as at the end of the month. 2018 August
1 Started business with capital in cash GHC1,000
2 Paid rent by cash GHC230
3 Brown lent us GHC2,000, paid by Cheque
4 We paid Fire by cheque GHC860
5 Cash sales GHC190
6 We paid Micheal in cash GHC92
7 Love paid us by cheque GHC34
8 Cash sales paid direct into the bank GHC151
9 Harrison paid us in cash GHC96
10 We took GHC100 out of the cash till and paid it into the bank account
11 We repaid Obed GHC500 by cheque
12 Cash sales paid direct into the bank GHC122
13 Paid motor expenses by cheque GHC75
14 Withdrew GHC200 cash from the bank for business use
15 Paid wages in cash GHC320
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