3 Column Cash Book Transaction, Financial Accounting

I have tried to answer this assignment with no luck.
Balance brought forward :
Cash in Hand : $5000
Cash at Bank : $ 90,000
March 2 Received Cash loan of $25 ,000 from Partners .
March 3Bought goods of $156,000
March 4Bought Motor Van paying by check $1,600
March 5 Cash Withdrawn from the bank $25,000
March 7 Paid Wages in Cash $16,000
March 8 Cash Drawings $10,000
March 10 Cash Sales paid directly into the bank $28,000
March 12 We paid the following Accounts by Check less 10% discount in each case:
Marshal : $2,000: Linda : $1,600
Theresa : $1,800
March 13 The following paid us thier Accounts by Check in each case deducting 2.5% Discount
Jerry : $980
Martins :$450
March 15 Received a futher Loan of $2,500
March 16 We paid Brandy his account of $400 by Check
March 18 Cash Sales $8,000
March 21 Paid Rent in Cash $1,800
March 23 Received Commission By Check $7,500
March 25 The following persons paid us thier Accounts by check in each Case Deducting 5% Discount :Uson $500 ; David : $4,599
March 26 We paid the following Accounts paid by check in each case deducting 2% Discount
Joseph : $2000 , Tiola : 1,200
March 28 Paid Insurance :$8,900 March29 Linda Paid Us a Check for $ 2,500 Having Deducted 200 for cash Discount.--------------------- -
Posted Date: 8/16/2012 7:22:08 PM | Location : United States







Related Discussions:- 3 Column Cash Book Transaction, Assignment Help, Ask Question on 3 Column Cash Book Transaction, Get Answer, Expert's Help, 3 Column Cash Book Transaction Discussions

Write discussion on 3 Column Cash Book Transaction
Your posts are moderated
Related Questions
what if 50% of customers who switch from pisa pizza who switch from original pizza to healthier pizza then switch to another brand from healthier pizza.

Grounds for compulsory winding up A company may be wound up by the court under s.219 if: 1) The company so resolves by special resolution, 2) Default is made in delivering th

Effect of Transactions on Cash Flows State the effect (cash receipt or payment and amount) of each of the following transactions, considered individually, on cash flows: 1. Sold e

The objective of this project is to demonstrate the effect of releasing accounting information concerning profits on the valuation (i.e. share price) of an Australian;listed compan

This project allows you to think critically and apply decision-making management techniques. In this project,  you need to solve a bond portfolio problem, a diversified portfolio p

Q. Availability of fresh issue of equity? A fresh issue of equity finance mayn't be readily available to a listed company or may be available on terms that are unacceptable wit

agency conflicts and solutions in shareholders vs auditors

Berg Company adopted a stock-option plan on November 30, 2013, that provided that 73,200 shares of $5 par value stock be designated as available for the granting of options to offi

How does ordinary shares and preference shares included in the account

TYPES OF GIFT BY WAY OF A WILL (a) A special (or specific) legacy is a testamentary gift of a particular part of the property of the testator, which identifies that part by a s