Minimart business has the following transactions for the month of May 2019. 11- Sold goods and received cash of RO 4,500 14- Received rent of RO 1,400 19- Received cash from RK traders of RO 1,850 for the goods sold on May 8 2019, on credit. 26- Sold goods to Rainbow traders and received cash of RO 5,600 29- Paid cash to MN traders for the goods purchased of RO 2,000 Calculate and show the amount which will be transferred to Total column of Cash receipts book for the month of May 2019?
Minimart business has the following transactions for the month of May 2019. 11- Sold goods and received cash of RO 4,500 14- Received rent of RO 1,400 19- Received cash from RK traders of RO 1,850 for the goods sold on May 8 2019, on credit. 26- Sold goods to Rainbow traders and received cash of RO 5,600 29- Paid cash to MN traders for the goods purchased of RO 2,000 Calculate and show the amount which will be transferred to Total column of Cash receipts book for the month of May 2019?
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 3PB: Hajun Company started its business on May 1, 2019. The following transactions occurred during the...
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45)Minimart business has the following transactions for the month of May 2019.
11- Sold goods and received cash of RO 4,500
14- Received rent of RO 1,400
19- Received cash from RK traders of RO 1,850 for the goods sold on May 8 2019, on credit.
26- Sold goods to Rainbow traders and received cash of RO 5,600
29- Paid cash to MN traders for the goods purchased of RO 2,000
Calculate and show the amount which will be transferred to Total column of
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