The following transactions were made during the month Jan 2 Withdrew N3,000 cash from the bank for business use Jan 5 Cash purchase of goods N2,500 Jan 7 Receive cheque from the following debtors less 5% cash discountJan 10 Paid the following creditors cheque and received a 10% cash discount: H Eigbe N4,000, Barossa N2,500 Jan 15 Cash sales N6,000 Jan 20 Paid cash into the bank N3,000 Jan 25 Bought fixture & fittings by cheque N4,000 Jan 27 Paid salaries with cheque N3,600 Record the above transactions in its relevant cash book and balance the account?
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Asked by Adebayo on 8th January, 2022
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