THE CASH BOOK ASSIGNMENT

Record the following transactions in Mweruka’s Two column cash book.

1996 Jan                                                                         shs

1^st      balance b/f                               cash                      84,000

Bank                     128,000

4^th      Bought goods paying cheque                                  32,000

6^th      Bought motor van by cash                                     45,000

10^th    cash sales to date                                                  36,000

15^th    paid salaries and wages by cheque                         33,000

20^th    paid rates by cash                                                 1,500

22^nd   sold good by cheque                                              20,000

23^rd    paid for office expenses                                         1,500

25^th    paid for stationery by cheque                                 2,200

30^th    cash purchases                                                      10,000

31^st    paid insurance by cheque                                       1,800

Example

Enter the following in a two column cash book of Hassan enterprises limited for the month of January 2001 and balance at the end of the month.

1^st Hassan started business with cash in hand worth 100,000 and cash at bank 850,000.

3^rd received a cheque from Kasozi worth shs 150,000

7^th cash purchases shs 150,000

10^th cash sales shs 200,000

11^th paid Nakato by cheque shs 95,000

15^th bought stationary for use in cash shs 20,000

15^th paid rent by cheque 100,000

20^th received payment from Agie by cheque 300,000

30^th paid Kato by cheque 50,000