Enter the following in the three-column cash book of an office supply shop. Balance off the cash book at the end of the month and show the discount accounts in the general ledger. January 2017 1...

1. Enter the following in the three-column cash book of an office supply shop. Balance off the cash book at the end of the month and show the discount accounts in the general ledger.

January 2017

1. 1 January Balances brought forward: Cash Ksh. 420; Bank Ksh. 4,940.


2. 2 January The following paid us by cheque, in each case deducting a 5 per cent cash discount: S Braga Ksh. 820; L Pine Ksh. 320; G Hodd Ksh. 440; M Rae Ksh. 1,040.


3. 3 January Cash sales paid direct into the bank Ksh. 740.


4. 5 January Paid rent by cash Ksh. 340.


5. 6 January We paid the following accounts by cheque, in each case deducting 2.5per cent cash discount: M Peters Ksh. 360; G Graham Ksh. 960; F Bell Ksh. 400.


6. 8 January Withdrew cash from the bank for business use Ksh. 400.


7. 10 January Cash sales Ksh. 1,260.


8. 12 January B Age paid us their account of Ksh. 280 by cheque less Ksh. 4 cash discount.


9. 14 January Paid wages by cash Ksh. 540.


10. 16 January We paid the following accounts by cheque: R Todd Ksh. 310 less cash discount Ksh. 15; F Dury Ksh. 412 less cash discount Ksh. 12.


11. 20 January Bought fixtures by cheque Ksh. 4,320.


12. 24 January Bought lorry paying by cheque Ksh. 14,300.


13. 29 January Received Ksh. 324 cheque from A Line.


14. 30 January Cash sales Ksh. 980.


15. 30 January Bought stationery paying by cash Ksh. 56.