The following transactions took place during the month of June 2010 in Mali traders. June 1st: Started business worth shs 140,000 deposited into the bank accounts 2nd :...

      

The following transactions took place during the month of June 2010 in Mali traders.
June
1st: Started business worth shs 140,000 deposited into the bank accounts
2nd : Bought equipments worth shs 9,000 and paid by cheque.
8th : Received shs 6500 cash fron Kariuki who oved shs 7000 in full settlement of The account.
14th : Withdrew shs. 10,000 of which shs 6000 was for office use and the rest was to
pay for his daughter’s medical bill.
15th Settled Goma supplies account in cash of kshs.10,000 at a 10 % cash discount.
24th :Purchased stationery for shs 20,000 paid by cheque.
26th :Cash sales paid directly to the bank account shs. 12,000
27th :Paid Mwangi a creditor in cash sh.4200 in full settlement his account of shs 4,500
30th :Cash taking for the day shs. 3,800
Enter the above transactions in relevant cash book as at 30th June 2010 and balance it off.

  

Answers


Kavungya
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Kavungya answered the question on September 25, 2019 at 13:39


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