Prepare a two column cash book from the following transactions of Mr. Ravisankar. 1 answer below »

Prepare a two column cash book from the following transactions of Mr. Ravisankar.

2009

Rs

May

1

Cash-in-hand

6,000

3

Cash purchase

4,000

5

Cartage paid

100

7

Cash sales

10,000

9

Cash received from Ravi

4,900

and allowed him discount

100

11

Cash paid to Radha and

1,450

discount received

50

12

Received cheque from Rai and

4,800

allowed him discount

200

14

Rent paid

1,000

16

Salaries paid

3,000

18

Cash received from Lal

2,400

and allowed him discount

100

19

Cash paid to Rao and

1,950

received discount

50

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