question archive Jan 1 the owner invested €25000 into a business bank account Jan 2 bought office equipment amounting to €3000 by cheque Jan 4 bought stock of goods on credit from XYZ Ltd €2500 Jan 6 put €300 from the business bank account into the cash till Jan 7 paid rent of premises by cash €50 Jan 9 paid more goods paying by cheque €1000 Jan 12 sold goods on credit to ABC Ltd
Subject:AccountingPrice:22.99 Bought3
Jan 1 the owner invested €25000 into a business bank account
Jan 2 bought office equipment amounting to €3000 by cheque
Jan 4 bought stock of goods on credit from XYZ Ltd €2500
Jan 6 put €300 from the business bank account into the cash till
Jan 7 paid rent of premises by cash €50
Jan 9 paid more goods paying by cheque €1000
Jan 12 sold goods on credit to ABC Ltd. €350 and DEF Ltd. €600
Jan 17 we returned some of the goods to XYZ Ltd. €200
Jan 19 paid monthly wages by cheque €500
Jan 22 the owner took €100 worth of goods for his own use
Ex. 3
Nov 1 started the business with €10000 in the bank and €500 cash
Nov 2 bought goods on credit from:
Mr. A - €600 Mr. B - €1200 Mr. C- €850
Nov 3 Paid rent of premises €200 by cheque
Nov 5 sold goods for cash €2500
Nov 7 invested another €5000 into the business bank account
Nov 8 returned goods to Mr. B- €75 and Mr. C- €90
Nov 11 sold goods on credit to Mrs. X - €1000, Mrs. Y - €1200 and Mrs. Z - €700
Nov 13 received refund of rent €20 cash
Nov 14 bought 2 motor vans, each costing €2000 on credit from MV Ltd
Nov 17 got a loan from the bank €5000
Nov 20 Mrs. X returned goods to us €250
Nov 22 paid insurance of motor vans €350 cash
Nov 24 received bank interest on account €25 by cheque
Nov 28 repaid part of the loan €1000 by cash
Ex. 4
March 1
The owner, Lisa, invested €500 in a business bank account
March 2
Bough goods on credit from Kelly €78 and Sarah €200
March 5
Cash sale - €417
March 6
Paid wages by cheque - €100
March 7
Withdrew €55 cash and deposited in the bank account
March 8
Sold goods on credit to Arlen € 570, Jessica € 850 and Rebecca € 900
March 10
Bough fixtures on credit from Leanne - € 100
March 12
Returned goods to Kelly- € 8
March 13
Bought a motor van paying by cheque - € 200
March 17
Lisa, the owner, took € 15 worth of goods for her own use.
March 18
Returned some of the fixtures to Leanne- € 10
March 20
Got a loan from Raisa € 700 by cash
March 22
Paid wages by cheque - €50
March 23
Let off premises and received rent by cheque € 15
March 27
Bough goods and paid by cheque € 25
March 28
Paid the amount owing to Kelly by cheque € 70
March 30
Goods returned to us by Jessica €15