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You are required to prepare a two-column cash book for Firm A from the following details overy March Details 1 Beginning balances: Cash RM3000; Bank

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You are required to prepare a two-column cash book for Firm A from the following details overy March Details 1 Beginning balances: Cash RM3000; Bank RM5000 2 Cash sales of RM500 3 Took RM200 out of the cash and deposited into the bank Ahmad paid us by cheque of RM400 5 We paid for postage stamps in cash of RM50 6 Bought office equipment by cheque for RM500 7 We paid Gary by cheque of RM200. 9 Received rates refund by cheque of RM82 11 Withdrew RM100 from the bank for business use 14 Paid motor expenses by cheque of RM330 16 Abu lent us RM222 in cash 20 Gucharan paid us RM400 by cheque 28 We paid general expenses in cash of RM53 30 Paid insurance by cheque of RM50 (a) Prepare two column cash book. (20 marks) (b) Close the account. marks)

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