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Double Columns Cash BookEnter the following items in double column cash book (Cash & Discount) and balance themoff on 8th January, 2017.2017Jan. 1. Tarun commenced business with cash 10,000He pays 2,300 for goods bought: 500 for furniture purchased;3400 for office equipment.Jan. 2. He pays rent 1,000; pays legal cost 100.Jan. 3. He sells goods for cash 1,800Jan. 4. He sells goods to Nitin on 5 days credit 800.Jan, 5. He pays wages 150; cartage 50Jan. 6. He buys goods for cash 700 and pays a creditor Sunil 425 in settlement of claim of 450.Jan. 7. He receives cash from Nitin allowing discount 20.Jan. 8. He sells goods for cash 3500 |
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Answer» Answer: 1.to capital 10000 to FURNITURE 500 to goods 2300 to office equipment 3400 2.by rent 1000 by legal COST 100 3.to sales 1800 5.by wages150 by CARTAGE 59 6.by purchases 700 by claims of settlement 425 7.to discount 20 8.to sales 3500 |
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