On 1st March 2006 the cash book of Kericho traders showed cash and bank balances of sh. 15000 and sh 147000 respectively. The following transactions took place during the month
On 1st March 2006 the cash book of Kericho traders showed cash and bank balances of sh. 15000 and sh 147000 respectively. The following transactions took place during the month
May 3 cash sales sh 120, 000
May 11 paid sh. 7,500 cash in respect to wages
May 16 received a cheque of sh. 250,000 from a debtor
May 26 withdrew sh. 25,000 from bank for office use.
