The following is a cash book that was extracted from Manyatta traders for the month of February 2009. Describe the transactions which took place on the...

The following is a cash book that was extracted from Manyatta traders for the month of February 2009.

Describe the transactions which took place on the dates given below.
i) February 1
ii) February 12
iii) February 15
iv)February 26

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i) February 1 - Balance brought forward shs. 2,000 cash in hand and shs. 5,000 cash at Bank
ii) February 12 - Received 19,000 shillings cash from Wanjala having deducted 1,000 shillings cash discount
iii) February 15 -deposit shs. 15,000 from the cash till to the business bank account
iv) February 26 -paid Njeru 17,000 shillings by cheque after deducting 850 shillings discount

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sharon kalunda answered the question on September 3, 2019 at 06:43

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