Record the following transactions in a double column cashbook. (10mks)
2011 Sept. 1 Cash in hand ksh. 11,000 and cash at bank 18, 8000ksh.
” 4 Sold goods for ksh. 5,000 cash.
” 6 Received a cheque from Mercy, a deptor, kshs. 5,800.
” 7 Deposited ksh. 8000 into the bank from the cash fill.
” 10 Ochieng’, a creditor, was paid ksh. 12,000 by cheque.
” 12 Goods were sold for ksh. 24,000 and ksh. 16,000 was received by cheque while the balance was to be received later.
” 15 Furniture was bought for ksh. 9,600 by cheque.
” 18 ksh. 12,000 was withdrawn from bank for business use.
ANSWER
