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Write a the following transaction in a two column cash book and blence the case book?
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Write a the following transaction in a two column cash book and blence...




Transaction in Two-column Cash Book


Explanation:


Cash Receipt:



  • Date: 15th March 2021

  • Particulars: Received cash from Mr. X for services rendered

  • Cash Column: Debit - 500

  • Bank Column: Not Applicable



Cash Payment:



  • Date: 15th March 2021

  • Particulars: Paid rent for the office space

  • Cash Column: Credit - 300

  • Bank Column: Not Applicable



Balance the Cash Book:



  • Opening Balance: 1000

  • Total Receipts: 500

  • Total Payments: 300

  • Closing Balance: 1200



The cash book is balanced by calculating the total receipts and total payments made during the period and adjusting them against the opening balance to arrive at the closing balance.



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Write a the following transaction in a two column cash book and blence the case book?
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