The following cash transactions relate to ABC C... - SS1 Accounting Preparation of Double Column Cash Book Question
The following cash transactions relate to ABC Company for the month of October 2022. Enter the information below into a two-column cash book.
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October 1: Balance b/d Cash in Hand 18000
October 1: Balance b/d Bank Balance 35000
October 2: Received Cash Sales 8000
October 5: Received Cheque from Ojo S. 5000
October 4: Cheque purchases 9500
October 7: Paid Cash Purchases 3200
October 10: Paid for Printing services with a Cheque 4000
October 15: Received Cash from Debtors 7000
October 20: Paid Rent by Cheque 4500
October 25: Paid Wages to Cashier by Cash 5200
October 28: Received Cash Sales from POS Transactions 9000
October 29: paid by cheque 24000
October 30: Withdrew Cash from Bank by Cheque 18000
October 31: Paid for Renovation Services by Cash 3500
ABC Company Two-Column Cash Book
For the month of October 2022
|
Debit (Dr) |
Credit (Cr) | ||||||||
|
Date |
Particulars |
Folio |
Cash |
Bank |
Date |
Particulars |
Folio |
Cash |
Bank |
|
October 1 October 2 October 15 October 28 October 29 October 30 |
Balance Sales Debtors Sales Cheque Bank
|
b/d C |
18000 1500 7000 9000 18000 |
35000 24000 |
October 4 October 7 October 10 October 20 October 25 October 30 October 30 |
Cheque Purchases Printing Rent Wages Cash Renovation | C | 3200 5200 3500 |
9500 4000 4500 18000 |
|
October 31 |
Balance |
c/d |
13150 |
23000 | |||||
|
53500 |
59000 |
53500 |
59000 | ||||||
|
November 1 |
Balance |
b/d |
13150 |
23000 |
#SS1 #SS1
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