Complete the ledger of J

Subject:AccountingPrice:7.99 Bought3

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Complete the ledger of J. Ripard from the following for January 2010:

2010

Jan 1 J. Ripard started business as a grocer with €3,000 in the bank and €2,000 in the cash till.

2 Purchased goods on credit from G. Cremona €800.

3 Bought delivery van €2,400 paying by cheque.

4 Cash sales €600.

5 Sold goods on credit to M. Farrugia €160.

6 Returned goods to G. Cremona €170.

7 Paid rent by cheque €110.

8 Paid G. Cremona €400 by cash.

9 M. Farrugia returned goods €20.

10 Paid telephone bill by cash €10.

11 Bought personal items for €100 using business cheque

Unit 5 – Accounting for Expenses, Income and Drawings

Enter the following transactions in the ledger accounts of L. Azzopardi:

2014

Feb 1 Started with €29,000 in the bank.

2 Paid Rent by cheque €2,100.

2 Bought shop fittings and paid by cheque €7,000.

4 Bought goods €6,200 paying by cheque.

7 Sold goods on credit to J. Bugeja €2,100, H. Muscat €1,700

15 Purchased goods on credit from R. Conti €900.

20 Received cheque of €800 from J. Bugeja.

21 Returned goods to R. Conti €150.

25 Took €1,000 from the bank and put it in the cash till.

26 Took €600 in cash for personal use.

27 Paid wages by cash €34