Answer Happy

Prepare a Triple column Cashbook of Hamdan & Co for the month of Jan 2021 from the following information : 1. Cash in hand RO 50,000 2. Paid into bank RO 10,000 3. Bought goods from Harris for RO 500 for cash. 4. Bought goods for RO 2,000 paid cheque for them, discount allowed 1%. 5. Sold goods to Mohan for cash RO 250. 6. Shay settled his account by means of a cheque for RO 800 7. Bank notified that Shay's cheque has been returned dishonoured and debited to the account in respect of charges RO 10 8. Withdrew from bank RO 10,000. 9. Withdrew for personal use RO 1,000. 10. Paid trade expenses RO 2,000. 11. Withdrew from bank for private expenses RO 1,500. 12. Issued cheque to Faisal for purchase of furniture RO 1,575. 14. Received payment of a loan of RO 5,000 and deposited RO 3,000 out of it into bank. 15. Paid rent to landlord by a cheque of RO 500. 16. Interest allowed by bank RO 30.