Example 5
Enter the following transactions in the three-column cashbook of Gbotie
for the mont...
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Example 5
Enter the following transactions in the three-column cashbook of Gbotie
for the month of Feb. 1999
Feb. 1
cash in hand N500
Feb. 1
cash at bank N800
Feb. 4
sold goods for cash N1,000 less 10% cash discount
Feb. 5 paid salaries by cash 485
Feb. 7 received cheques from Wale N700 less 5% discount
Feb. 12 cash paid into bank N900
Feb. 13 paid Titi by cheque 1400 less 4% discount
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