The following information was extracted from the books of Mamboleo Traders in the month of September, 2014.

​The following information was extracted from the books of Mamboleo Traders in the month of September, 2014.

• September 1 Had cash in hand, Shs 15,500 and a bank overdraft of Shs 9,700.
• September 3 Bought goods for sale Shs 12,300 on credit.
• September 5 Sold good in cash Shs 8,500.
• September 9 Sold goods on credit Shs 10,000.
• September 12 Received a cheque of Shs 9,000 from a debtor.
• September 15 Paid a creditor Shs 10,000 in cash.
• September 17 Paid wages Shs 2,600 in cash.
• September 19 Received a cheque Shs 23,400 from Samson for goods sold in January.
• September 20 Received Shs 6,700 from a debtor in cash.
• September 23 Withdrew Shs 7,700 from the bank for office use.
• September 24 Paid electricity bills by cheque Shs 1,200.
• September 25 Received a cheque of Shs 11,500 from a debtor.
• September 26 Made cash sales of Shs 12,800.
• September 27 Purchased goods worth Shs 8,950 in cash.
• September 28 Deposited personal cash Shs 3,500 into the business account.
• September 30 Paid water bills by cheque Shs 2,800.

Required:
Prepare a two column cash book. (10 marks)

Expected Response

​Related Business Studies Quiz and Answers on The Cash Book Form 3 Level

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