Trusted by millions of Kenyans
Study resources on Kenyaplex

Get ready-made curriculum aligned revision materials

Exam papers, notes, holiday assignments and topical questions – all aligned to the Kenyan curriculum.

On 1.1.09 the cash book of Kimende traders Cash and Bank balances of sh.3,500 and sh.20,000 respectively. The following transactions took place in the month.Jan...

On 1.1.09 the cash book of Kimende traders Cash and Bank balances of sh.3,500 and sh.20,000 respectively. The following transactions took place in the month.

-Jan 6,Cash sales sh.12,500
-15,Receives a cheque of sh.45,000 from a debtor after deducting a 10% discount.
-31,Paid a creditor sh.28,500 after deducting 5%discount
-31,Banked all cash leaving a balance of sh.100 in the cash till
-Prepare a three column cash book.

Answers


Kavungya
fig8825920191720.png
Kavungya answered the question on September 25, 2019 at 14:21

Answer Attachments

Exams With Marking Schemes

Related Questions