Q. record the following tranctions in a suitable cash book of Mr. gupta and show the closing balances of cash and bana:

1. balance of cash Rs.50, bank Rs.3800

2. received from raman Rs. 900 and allowed him discount Rs. 50

3. sold goods for cash Rs.5000 and paid half the amount into bank

4. Paid salaries Rs. 2500 in cash

5. Recovered from the manager Rs. 200 being excess travelling allowances drawn by him

6. settled a debt of Rs.1200 by cheque receiving a discount of 5%

7. drew Rs. 500 from bank and paid a donation to the worker's club

8. discounted a 3 months maturity bill receivable for Rs.1000 at 6% discount