24 Bought lorry paying by cheque £14,300.29 Received £324 cheque from A. Line.30 Cash sales £980.30 Bought stationery paying by cash £56. 9.4A Enter the following in the three-column cash book of an office supply shop. Balance-off thecash book at the end of the month and show the discount accounts in the general ledger.June 1 Balances brought forward: Cash £420; Bank £4,940.2 The following paid us by cheque, in each case deducting a 5 per cent cashdiscount: S. Braga £820; L. Pine £320; G. Hodd £440; M. Rae £1,040.3 Cash sales paid direct into the bank £740.5 Paid rent by cash £340.6 We paid the following accounts by cheque, in each case deducting 2'2 percent cash discount: M. Peters £360; G. Graham £960; F. Bell £400.8 Withdrew cash from the bank for business use £400.10 Cash sales £1,260.12 B. Age paid us their account of £280 less £4 cash discount, by cheque.14 Paid wages by cash £540.16 We paid the following accounts by cheque: R. Todd £310 less cash dis-count £15; F. Dury £412 less cash discount £12.20 Bought fixtures by cheque £4,320.

DATE PARTICULARS VOUCHERS NUMBER POSTING NUMBER DISCOUNT CASH BANK DATE PARTICULARS VOUCHER…

Answered: 24 Bought lorry paying by cheque…

24 Bought lorry paying by cheque £14,300. 29 Received £324 cheque from A. Line. 30 Cash sales £980. 30 Bought stationery paying by cash £56.

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter7: Accounting Information Systems

Section: Chapter Questions

Problem 5EA: Catherines Cookies has a beginning balance in the Accounts Payable control total account of $8,200....

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