Write up a three column cash book from the following details:

March 1 Balances brought forward:

Cash in hand GHS 4,500

Cash at Bank GHS 40,000

3 Paid each of the following accounts by cheque, deducting 5% discount in

each case; M. Adama GHS 800; B. Bonsu GHS 3,000; A Adu GHS 560

5 Received cheque from k. Mensah in settlement of his debt GHS 1,900

6 Cash sales paid direct into the bank GHS 2,500

8 Paid Rent by cash GHS 1,500

10 Paid Motor expenses by cash GHS 800

12 The following persons paid us their account by cheque, in each case deducting a discount of 3%.

A. Arhin GHS 1,800; K. Ananse GHS 7,400; K. Ntiamoah GHS 6,600.

17 Cash sales GHS 2,000

18 Paid for stationery by cheque GHS 450

25 Received a cheque for GHS 7,500 being a loan from k. Suglo

28 Paid rent by cash GHS 780

30 Paid salaries by cheque GHS 6,000

31 Cash Sales GHS 3,400; Paid GHS 6,000 cash to the bank (14 Marks)

[ 20 Marks]