Prepare a three-column cash book from the following information for the month of 2 Paid the following creditors by cheque: N. Mwangi Sh 1500,J. Mwaniki
.
1Cash sales Sh 3.000.
May 20-4
May 1 Balances b/d: cash Sh 50,000, Bank Sh 180,000.
Sh 16,000. N. Mugo Sh 1 200 after deducting 10% cash discount in each case
3 Received cheques from the following debtors after deducting 5%
discount in each case. E Githinji Sh 24,000, D. Nyamu Sh 9,000,
Mutua Sh 1,400.
5 Paid for repairs in cash Sh 16,000
10 Paid Juma in cash Sh 9,500.
15 Banked Sh 6,000 from the cash till.
15 Received cash from P. Kavuniki Sh 13,500 in full settlement of his
account of Sh 15,000.
16 Cash sales directly banked Sh 26,400.
20 Cash purchases Sh 8,920​