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On 1st July 2012, Mara traders had Sh.6,000 cash in hand and bank overdraft of Sh.2,000. During the month the following transactions took place:2012 July 2:...

      

On 1st July 2012, Mara traders had Sh.6,000 cash in hand and bank overdraft of Sh.2,000. During the month the following transactions took place:2012

July 2: Received cheques from debtors totaling to Sh.50,000
July 5: Paid rent Sh.2,000 cash.
July 15: Withdrew Sh.5,000 from the bank for personal use.
July 25: Banked all the cash except Sh.1000
Prepare a Two-column Cash Book for the month.

  

Answers


sharon
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sharon kalunda answered the question on September 3, 2019 at 13:14


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