The following transactions took place in the business of Kiprono during the first week of Jan. 2003 Jan 1st Balance brought down ...

      

The following transactions took place in the business of Kiprono during the first week of Jan.
2003
Jan 1st Balance brought down
Cash = Kshs12,000.00
Bank= Kshs.35,000
Jan 2nd Sold an old piece of furniture for Kshs.8,000 cash
Jan 3rd Cash sales Kshs.10,000 paid directly to the bank
Jan 4th Purchased goods worth Kshs.20,000 , paid Kshs.5,000 cash and the balance
to be paid later
Jan 5th Kiprono took cash Kshs.1,500 for personal use
Jan 6th Bought goods worth Kshs.15,000 paying partly by cheque Kshs.10,000 and
the balance in cash

Required: Prepare Kiprono’s two column cash book for the month of January and balance it

  

Answers

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Kavungya answered the question on April 3, 2019 at 12:42

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