ACCOUNTS 2

Record the following transactions in the cash book of Miss Catherine.

March 1: started business with capital in cash of-------------20,000/=

March 2: Purchased goods for cash------------------------------15,000/=

March 5: paid for transport in cash---------------------------------4,000/=

March 12: Sold goods for cash------------------------------------12,000/=

March 19: Received cash from Miss Matilda ------------------13,000/=

March 24: Cash purchases----------------------------------------14,000/=

Solution

The transactions in the cash book of Miss Catherine will be as hereunder

Dr				Cr
Date	Particular	FL	Amount	Date	Particular	FL	Amount
March 1 March 12 March 19	Capital Sales Miss Matilda	1 4 5	20,000 12,000 13,000	March 2 March 5 March 24 March 24	Purchases Transport Purchases Balance	2 3 2 c/d	15,000   4,000 14,000  12,000
			45,000				45,000
April 1	Balance	b/d	12,000