question archive You are to write up a three-column cash book for M/s Mac LLC

You are to write up a three-column cash book for M/s Mac LLC

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You are to write up a three-column cash book for M/s Mac LLC. Aug

1st: Cash in hand OMR.50,000 Paid Cash into bank (new account opened)18,000. 5 th Aug : Issued a cheque (No. AS01) to Sam 5,400 in full settlement of 5,500 due 8 th Aug : Received a cheque (No. MG41) for 12,000 towards sale proceeds and deposited the same into bank. 11th Aug : Issued a cheque for 4,920 (No. AS02) to a supplier Jax & Co in full settlement of the amount due of 5,000. 13th Aug : Withdrawn for Mr. Rao's personal use by cheque (No. AS03) 5,000 14th Aug : Mr. Rao, issued a cheque (No. TR82) for 50,000 towards additional capital 50,000. 15th Aug: Issued a cheque (No. AS04) for 24,000 towards purchase of Furnitur

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