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FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
3C. Compile three column cashbook of Mr. Uzair from the following transactions:
2020
Oct
1 Mr. Uzair started business with cash OMR 4000
4 Deposited into Bank OMR 2000
8 Purchased goods on credit from Haya for OMR 1000
10 Sold goods to Kawthar on credit for OMR 600
12 Goods purchased by paying cheque OMR 400
15 Paid wages OMR 40
20 Withdrew from bank for personal use OMR 200
25 Received cash from Kawthar OMR 540, in full settlement of his account
26 Paid electricity OMR 20
28 Withdrew from Bank for business use OMR 2000
30 Paid to Haya by cheque OMR 900, in full settlement of her account
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