The following cash transactions relate to Daisy... - SS1 Accounting Preparation of Three-Column Cash Book Question
The following cash transactions relate to Daisy Company for the month of April 2022. Enter the information below into a three-column cash book
₦
April 1: Started with a cash payment of 50000
April 1: cash at bank 35000
April 3: Sold a bouquet of roses to a customer and a ₦300 cash discount was given 2500
April 5: Purchased a new flower cooler from the shop by cheque payment 13000
April 7: Paid for branding services for the shop by bank transfer 3000
April 10: Received a cheque payment for a custom flower arrangement 17500
April 12: Purchased new gardening tools for the shop by cash payment 8000
April 15: Sold an orchid by cheque payment, and a ₦500 cash discount was given. 1800
April 18: Paid for electricity bill for the shop by bank transfer 4500
April 20: Purchased a new speaker by cheque, and a ₦100 discount was given. 12000
April 22: Sold a bouquet of lilies to a customer by cash payment 3000
April 25: Received a cheque refund from a supplier for a faulty flower arrangement 500
April 27: Purchased new vases for the shop by cash payment 5500
April 28: Sold a floral centrepiece to a customer, and a ₦200 discount was given. 4500
April 30: Paid for internet service for the shop by bank transfer 2000
Answer:
Daisy Company Three-Column Cash Book
For the month of October 2022
|
Debit (Dr) |
Credit (Cr) | ||||||||||
|
Date |
Particulars |
Folio |
Discount Allowed |
Cash |
Bank |
Date |
Particulars |
Folio |
Discount Received |
Cash |
Bank |
|
April 1 April 3 April 10 April 15 April 22 April 25 April 28 |
Balance Roses Cheque Orchid Lilies Cheque Design
|
b/d | 300 500 200 |
50000 2500 3000 4500 |
35000 17500 1800 500 |
April 5 April 7 April 12 April 18 April 20 April 27 April 30 |
Cooler Branding Tools Electricity Speaker Vases Internet |
|
100 | 8000 5500 |
13000 3000 4500 12000 2000 |
|
April 30 |
Balance |
c/d |
46500 |
20300 | |||||||
|
1000 |
60000 |
54800 |
100 |
6000 |
54800 | ||||||
|
July 1 |
balance |
b/d |
46500 |
20300 |
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