Answer to Question #272600 in Other for Soma

Question

On April 1, 2017, Hassan Sajjad Store Cash Book showed debit balances of Cash Rs. 1,550 and Bank Rs. 13,575. During the month of April following business was transacted.

April 2017

02 Purchased Office Type-Writer for Cash Rs. 750; Cash Sales Rs. 1,315.

07 Deposited Cash Rs. 500 to bank.

10 Received from A. Hussain a check for Rs. 2,550 in part payment of his account (not deposited).

16 Paid by check for merchandise purchased worth Rs. 1,005.

20 Deposited into Bank the check received from A. Hussain.

22 Received from customer a check for Rs. 775 in full settlement of his accounts (not deposited).

24 Sold merchandise to sweet Bros. for Rs 1,500 who paid by check which was deposited into bank.

26 Paid creditor a Salman Rs. 915 by check.

28 Deposited into Bank the check of customer of worth Rs. 775 was dated 22nd April.

29 Paid wages by cash Rs. 500 and salary Rs. 1,000 by bank.

Answer 1

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