CASH PAYMENT JOURNAL ACTIVITY
A friend, Blessing Malinga, started a new business, “Modern Gardens” tending to
gardens in his town. Since he never studied Accounting, he asked your help. Start a
bookkeeping system for him by recording his transactions in a Cash Receipt Journal
and a Cash Payments Journal for February 2013.
Provide columns in the Cash Receipts Journal for Analysis, Bank, Current Income
and Sundry Accounts.
Provide columns in the Cash Payments Journal for Bank, Wages, Fuel, Plant
material and Sundry Accounts.
Close off the journals at the end of the month.
This is the information he sent you:
1. Blessing Malinga made a capital contribution to his business of R80 000. Issued
receipt A001
2. Paid Game R12 800 for lawnmowers and edge trimmers. Issues Cheque number
01
10. Paid Pitstop Garage for petrol, R250.
13. Received Money from Thuli Nkosi Primary School for establishing a soccer field,
R1 700.
16. Paid Paradise Nursery R7 300 for plants and fertilizers.
17. Cash a cheque to pay the wages of the workers, R1 000.
21.Received an amount of R3 500 from Medi Clinic for a contract of 6 months to do
their gardens.
23.Paid “We fix it” for fixing one of the lawnmowers,R210.
25. Cash a cheque to pay the wages of the workers R1000
27. Received money from Mr. Maseko for preparing his garden for a wedding,
R1800.
29. Paid Pitstop Garage for petrol, R250.
31. Blessing cashed a cheque for personal use of R2 000.00
[20]
TOTAL
0
