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Write the three-column cash book from the following information: 1 July Balance brought down from last month: cash 300,000 IQD; bank 800,000 IQD. 2 July
Write the three-column cash book from the following information: 1 July Balance brought down from last month: cash 300,000 IQD; bank 800,000 IQD. 2 July Paid wages 25,000 IQD cheque. 5 July Cash sales 80,000 IQD. 7 July Purchases by cheque 300,000. 9 July paid for postage 5,000 IQD, by cash. 11 July Paid Salaries by cheque 150,000 IQD. 15 July Received 200,000 IQD owing from Adam deducting 10% trade discount. 20 July Transferred 20,000 IQD cash to the bank account. 25 July we paid the following accounts by cheque, in each case deducting 10% cash discount: Amin 60,000 IQD and Ahmed 70,000 IQD
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