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