Write up a two-column cash book for a second hand bookshop from the following during the month of November 2020. 1st Balance brought forward from last month: cash ¢2950; bank ¢4,240 2nd Cash sales ¢3,100 3rd Took ¢2,000 out of the cash till and paid it into the bank 4th F. Bell paid us by cheque ¢194 5th Paid for postage stamps in cash ¢80 6th Bought office equipment by cheque ¢310 7th Paid L. Root by cheque ¢940 11th 12th 13th 14th 16th 20th 28th 30th Withdrew ¢1,500 from the bank for business use Paid wages in cash ¢400 Cash sales ¢430 Paid motor expenses by cheque ¢810 J. Bull lent us ¢1,500 in cash K. Brown paid us by cheque ¢174 Paid general expenses in cash ¢350 Paid insurance by cheque ¢320
Write up a two-column cash book for a second hand bookshop from the following during the month of November 2020. 1st Balance brought forward from last month: cash ¢2950; bank ¢4,240 2nd Cash sales ¢3,100 3rd Took ¢2,000 out of the cash till and paid it into the bank 4th F. Bell paid us by cheque ¢194 5th Paid for postage stamps in cash ¢80 6th Bought office equipment by cheque ¢310 7th Paid L. Root by cheque ¢940 11th 12th 13th 14th 16th 20th 28th 30th Withdrew ¢1,500 from the bank for business use Paid wages in cash ¢400 Cash sales ¢430 Paid motor expenses by cheque ¢810 J. Bull lent us ¢1,500 in cash K. Brown paid us by cheque ¢174 Paid general expenses in cash ¢350 Paid insurance by cheque ¢320
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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a). Write up a two-column
1st Balance brought forward from last month: cash ¢2950; bank ¢4,240 2nd Cash sales ¢3,100
3rd Took ¢2,000 out of the cash till and paid it into the bank
4th F. Bell paid us by cheque ¢194
5th Paid for postage stamps in cash ¢80
6th Bought office equipment by cheque ¢310 7th Paid L. Root by cheque ¢940
11th 12th 13th 14th 16th 20th 28th 30th
Withdrew ¢1,500 from the bank for business use Paid wages in cash ¢400
Cash sales ¢430
Paid motor expenses by cheque ¢810
J. Bull lent us ¢1,500 in cash
K. Brown paid us by cheque ¢174 Paid general expenses in cash ¢350 Paid insurance by cheque ¢320
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