0438 Assignment NO 2 Solution 2022-Autumn 2022-AIOU-Q 3-Principles of Accounting<br /><br />Question 3<br />Enter the following transactions into three column cash of Mr. Noman trading Co. for the month of September, 2016.<br />Cash in hand Rs. 500,000 and over drawn balance of Bank Rs. 800,000.<br />Cash sales Rs. 100,000.<br />Received cheque from Mr. Abdullah Rs.200, 000 and this cheque paid into bank on same day. <br />Drew from Bank for office use Rs. 50,000.<br />Cash sales Rs 800,000 of which Rs. 600,000 was banked.<br />Mr. Anwar who owed Rs. 100,000 on an invoice subject to 5% discount and settled of huis account by cheque<br />Mr. Anwar, cheque deposited into bank.<br />Paid salaries Rs. 25,000.<br />Bank informed that cheque of Mr. Anwar has been dishonored.<br />Paid advertising expense Rs. 3,000 by Cheque.<br />Deposited capsh into Bank Rs. 100,00.<br />Paid Electricity bill Rs. 7,000 by cheque and Rent Rs, 25,000 in cash.<br /><br />Requirement<br />Prepare three column Cash Book<br />
