Write up Mahabeer’ s THREE column cash book from the transactions below, and balance the cash book appropriately. April 1 Balances brought forward, cash $350; bank overdraft $5 000 2 Singh who had an account balance of $8 000 paid in full by cheque, after deducting 5% cash discount 3 Paid rent by cheque $700. 7 Paid Townsend $970 by cheque, having deducted 3% cash discount. 10 Received a cheque of $3 000 from a friend as a loan. 15 Paid wages in cash $300. 16 Transferred $1700 from bank to cash. 25 Cash sales $450. 27 Cash withdrawn for personal use $150. 28. Paid in full, McBean’s outstanding balance of $700, less 5% cash discount.