Question

Write up a two-column cash book for a second hand bookshop from the following transactions that...

Write up a two-column cash book for a second hand bookshop from the following
transactions that took place in the month of November.

Date Transaction
1/11/2013 Balance brought forward from last month Cash:K295;bank K4,240
2/11/2013 Cash sales K310
3/11/2013 Took K200 out of the cash till and paid it into the bank
4/11/2013 F.bell paid us by cheque K194
5/11/2013 We paid for postage stamps in cash K80
6/11/2013 Bought office equipment by cheque K310
7/11/2013 We paid L.Root by cheque K94
9/11/2013 Received business rates refund by cheque K115
11/11/2013 Withdrew K150 from the bank for business use.
12/11/2013 Paid wages in cash K400
13/11.2013 Cash sales K430
14/11/2013 Paid motor expenses by cheque 81
16/11/2013 J.brown paid us by cheque 174
20/11/2013 We paid general expenses in cash K35
30/11/2013 Paid insurance by cheque K320
Business   Accounting   
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Homework Answers

Answer #1
Two Column Cash Book
For the Period November 2013
Date Receipts Ref Cash (K) Bank (K) Date Payments Ref Cash (K) Bank (K)
01/11/2013 Balance Brought Forward 295 4240 03/11/2013 cash 200
02/11/2013 Sales 310 04/11/2013 F.bell 194
09/11/2013 business rates refund 115 05/11/2013 Postage 80
11/11/2013 Bank 150 06/11/2013 office equipment 310
13/11/2013 Sales 430 07/11/2013 L.Root 94
16/11/2013 J.brown 174 11/11/2013 Withdrew Cash 150
12/11/2013 Wages 400
14/11/2013 Motor Expenses 81
20/11/2013 General Expenses 35
30/11/2013 Insurance 320
30/11/2013 Ending Balance 670 3180
Total 1185 4529 Total 1185 4529
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