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Homework answers / question archive / Hyundai Motors had the following transactions during the month of October, 2020
Hyundai Motors had the following transactions during the month of October, 2020. State how these transactions will be entered in a Two Column Cash Book October 3 Took $200 out of the cash till and paid it into the bank October 1- Fathiya paid us by cheque $194 October 5 We paid for postage stamps in cash $80, October 16. Jaffer lentus $1,500 in cash Debit Bank Column $80 Credit Cash Column $80 Credit Bank Column $80 Debit Cash Column 580
Oct 3 Debit bank column by 2$00 and credit cash column by 200 |
Octor 4 Debit Bank Column by $194 |
Oct 5 Credit cash column by $80 |
Oct 16 Debit cash column by $1500 |
If any doubt please . |