CSEC Principles of Accounts · January 2018 · Paper 2 · Question 1(c)
Transactions for the business during May:
1-May: Transferred 6 000 from the business bank account into a cash account
7-May: Paid rent of 1 200 by cash
9-May: Made sales of 4 800
12-May: Received cash from an accounts receivable of 3 000
16-May: Deposited 1 400 cash into the business bank account
26-May: Bought office supplies for 800 in cash
29-May: Paid wages of $5 000 by cash.
Using the provided ledger form, prepare the cash account and balance the account at the end of the month.
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