Record the following in Johns 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 1st Introduced 5,000 cash into the business as capital

October 5th Paid rent of 2000 cash

October 11th Receive cheque of 1000 from sales

October 15th Purchase good and paid 2000 by cheque

October 19th Pay Insurance 500 by cheque

October 24th Cash sales 500

October 25th Receive rent by cheque 1000

October 28th Cash paid into bank 2,000

October 31st paid wages by cash 500