(Answered) The following cash transactions cash took place for a

Finance

The following cash transactions (cash) took place for a government unit for the month of January 19X8 Sh.

02/01/119X8 Opening balance: Cash 4,000

Bank 25,000

02/01/19X8 Received cheque in respect of trading license 62,500

03/01/19X8 Paid Peter and Sons (cheque for goods supplied) 20,000

05/01/19X8 Cash received in respect of fees 2,500

05/01/19X8 Paid telephone charges (cheque) 8,700

06/01/19X8 Paid AB Ltd by cheque 52,000

06/01/19X8 Paid cash to James Burton 2,800

08/01/19X8 Received cheque for Licenses 210,000

09/01/19X8 Paid wages in cash 5,000

10/01/19X8 Kept a cash balance 10,000 and banked rest together

with all cheques in hand.

Required: Prepare a cash book for the governmental unit.

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