The following details belong to JJ Wholesalers. Prepare a two column cashbook for the month ending March, 2013. 01/03/2013: Started business with capital inform of cash...

The following details belong to JJ Wholesalers. Prepare a two column cashbook for the month ending March, 2013.
01/03/2013: Started business with capital inform of cash Sh. 100,000.
02/03/2013: Paid rent by cash Sh 10,000.
03/03/2013: Received Loan of Sh 500,000 via cheque from Barclays bank.
04/03/2013: Paid Kenya Motors Sh 65,000 by cheque.
05/03/2013: Made Cash sales of Sh 98,000.
07/03/2013: Nathan a debtor paid us by cheque Sh 62,000.
09/03/2013: Paid Bakes Ltd in cash Sh 22,000.
11/03/2013: Made cash sales paid directly into the bank for Sh 53,000.
15/03/2013: Gilbert paid us in cash Sh 65,000.
16/03/2013: Took Sh 50,000 out of the cash till and deposited it into the bank account.
19/03/2013: Made loan repayment of Sh 100,000 by cheque to Barclays Bank
22/03/2013: Made cash sales paid directly into the bank for Sh 66,000.
26/03/2013: Paid motor expenses by cheque Sh 12,000.
30/03/2013: Withdrew Sh 100,000 cash from the bank for business use.
31/03/2013: Paid wages in cash for Sh 97,000.

Answers

Kavungya answered the question on August 17, 2021 at 08:48

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