Discounts & Cash Book Numerical Practice

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Type the correct numerical answer in the blank. Do not use commas (e.g., 90000 instead of 90,000).

Sabih Kamal

Pakistan

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Compléter Discounts & Cash Book Numerical PracticeVersion en ligne Type the correct numerical answer in the blank. Do not use commas (e.g., 90000 instead of 90,000). par Sabih Kamal 1 Q1 . Credit sale to Ahmed = 20 , 000 ; Discount allowed = 1 , 000 ; Net cash received = 2 Q2 . Credit purchase from Bilal = 25 , 000 ; Discount received = 500 ; Net cash paid = 3 Q3 . Total cash receipts = 50 , 000 ; Total cash payments = 40 , 000 . Closing cash balance = 4 Q4 . Petty cash imprest = 10 , 000 ; Expenses paid = 3 , 500 . Remaining balance = 5 Q5 . Cash sales = 15 , 000 ; Banked = 6 Q6 . Cheque received from Ali = 8 , 000 ; Discount allowed = 400 ; Total amount due = 7 Q7 . Cheque paid to supplier = 12 , 000 ; Discount received = 600 ; Invoice amount = 8 Q8 . Opening cash balance = 5 , 000 ; Cash received = 18 , 000 ; Cash payments = 12 , 000 . Closing balance = 9 Q9 . Petty cash expenses : Postage = 800 , Stationery = 600 , Travel = 400 . Total petty expenses = 10 Q10 . Discount allowed = 1 , 200 ; Discount received = 800 . Net discount effect ( on profit ) =