Question
Record the following in John's two-column cash book. Balance the cash book and bring down the balances of cash in hand and cash at bank
Record the following in John's two-column cash book. Balance the cash book and bring down the balances of cash in hand and cash at bank at the end of the period. and open the necessary ledger account.
2018
October 1stIntroduced5,000cash into the business as capital
October 5thPaid rent of2000 cash
October11thReceive cheque of1000 from sales
October15thPurchase good and paid2000 by cheque
October19thPay Insurance500 by cheque
October24thCash sales500
October25thReceive rent by cheque1000
October28thCash paid into bank 2,000
October31stpaid wages by cash500
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