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Balanced Three Column Cash Book Example

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Balanced Three Column Cash Book Example

Question

On 1st August, 2010, Mariah had cash in hand Ksh 32,500 and cash at bank sh 1,365,000. During the month, the following transactions took place:

FORM 3 business
Prepare a three-column cash book duly balanced.

Answer

FORM 3 business
NB:
- If dates are missing on both sides, penalize.
- If dates are missing on one side only penalize.
- If discounts column are missing penalize.
- If some dates are indicated on the students work do not penalize.