1
Write up a two-column cash book for a small furniture shop from the following details, and
balance it off as at the end of the month:
2008
May 1 Started in business with capital of £1,000 in cash and £ 3,000 in the bank.
2 Paid rent by cash £450.
3 G Luke lent us £4,000, paid by cheque.
4 We paid R Owen by cheque £1,200.
5 Cash sales £340.
7 M Smart paid for purchase by cheque £70.
9 We paid supplier, T Trump, in cash £290.
11 Sales paid for by debit card £410.
15 W Sharp, a customer, paid us in cash £185.
16 We took £80 out of the till and paid it into the bank account.
19 We repaid part of the loan from G Luke £2,000 by cheque.
22 Cash sales paid direct into the bank £370.
26 Paid motor expenses by cheque £65.
30 Withdrew £300 cash from the bank for business use.
31 Paid wages in cash £240.