Customer Service Chat
Get quote & make Payment
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March 5 Cash Withdrawn from the bank $25,000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
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
Ask an Expert
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
Write your message here..
Combined income statement-branches, Combined income statement The figur...
Combined income statement The figures to appear in the combined income statement are based on the following diagram: 1) An arrow pointing into a box refers to purchase
Calculate economic profit, Calculate Economic profit: Suppose a monopo...
Calculate Economic profit: Suppose a monopolistically competitive firm is facing the following demand and cost information. a. If the firm is a profit maximizer, how
Impairment of Long-lived assets, How to calculate fair value of long-lived ...
How to calculate fair value of long-lived asset when the information about fair value is not available?
Ifrs & gaap, Book :Accounting Research :Tools and Strategies • Facts: •...
Book :Accounting Research :Tools and Strategies • Facts: • Sony is a Japanese multinational company that decided to expand its entertainment business in the United States. Sony
Statement of retained earnings, Statement of Retained Earnings Landon Corpo...
Statement of Retained Earnings Landon Corporation was organized on January 2, 2010, with the investment of $100,000 by each of its two stockholders. Net income for its first year o
What is accounting and book keeping, Question 1 What is accounting and boo...
Question 1 What is accounting and book keeping? Explain the objectives of accounting? Question 2 Explain GAAP and write down the relationship between accounting principles, a
Protection of trustee against claims, PROTECTION AGAINST CLAIMS The tru...
PROTECTION AGAINST CLAIMS The trustees may protect themselves against claims after discharge in the following ways: 1. As regards liability for rent and other obligations und
Annual interest rate, Interest Rate on a one Payment Your parents will ...
Interest Rate on a one Payment Your parents will retire in 17 years. They presently have $270,000, and they think they will require $1 million at retirement. What annual intere
Balance sheet, 1. Consider the following balance sheet: Bes...
1. Consider the following balance sheet: Best Care HMO Balance Sheet June 30, 2007 Assets / Current Assets*
Liquidation of the company, The balance sheet of Marilyn and Monroe was as ...
The balance sheet of Marilyn and Monroe was as follows immediately prior to the partnership's being liquidated: cash, $25,426; other assets, $130,439; liabilities, $22,198; Marilyn
Accounting Assignment Help
Economics Assignment Help
Finance Assignment Help
Statistics Assignment Help
Physics Assignment Help
Chemistry Assignment Help
Math Assignment Help
Biology Assignment Help
English Assignment Help
Management Assignment Help
Engineering Assignment Help
Programming Assignment Help
Computer Science Assignment Help
IT Courses and Help
Why Us ?
~24x7 hrs Support
~Quality of Work
~Time on Delivery
~Privacy of Work
Human Resource Management
Literature Review Writing Help
Follow Us |
T & C
Copyright by ExpertsMind IT Educational Pvt. Ltd.