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Record the following transaction in a two column cash book. 2012 Jan 1: Started business with capital of sh20,000 cash and sh 50,000 at bank. ...

Record the following transaction in a two column cash book.
2012
Jan 1: Started business with capital of sh20,000 cash and sh 50,000 at bank.
2: Bought stock in cash sh 120,000
3: Cash sales sh 5,000
7: Bought stock worth sh 10,000 on credit.
12: Withdrew cash from bank for office use sh.8,000.
15: Paid rent by cheque shs 6000.
20: Received shs 4000 by cheque from a debtor.

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Kavungya
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Kavungya answered the question on October 4, 2019 at 06:52

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