On 1 April 2014, Kama Traders had Sh 200,000 in cash and Sh 70,000 bank overdraft. During the month the following transactions took place. April 10 A...

On 1 April 2014, Kama Traders had Sh 200,000 in cash and Sh 70,000 bank overdraft.
During the month the following transactions took place.
April 10 A debtor settled his account of sh 500,000 by cheque less 5% cash discount.
April 15: Settled Jane‘s account of sh 90,000 by cheque less 3% cash discount.
April 30: Banked all cash except sh 40,000.
Enter the above information in the cash book given.

Answers

sharon kalunda answered the question on September 3, 2019 at 12:21

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