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 1stIntroduced 5,000 cash into the business as capital
October 5thPaid rent of 2000 cash
October 11thReceive cheque of 1000 from sales
October 15thPurchase good and paid 2000 by cheque
October 19thPay Insurance 500 by cheque
October 24thCash sales 500
October 25thReceive rent by cheque 1000
October 28thCash paid into bank 2,000
October 31stpaid wages by cash 500
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Educational Foundations
Authors: Leslie Kaplan, James D Stice, William Owings
2nd Edition
1285968298, 9781285968292
