question archive Need double entries, ledger, balancing off and trial balance May |] Started business with €2000 in the bank May 2 Purchased goods €175 on credit from M
Subject:AccountingPrice: Bought3
Need double entries, ledger, balancing off and trial balance
May |] Started business with €2000 in the bank
May 2 Purchased goods €175 on credit from M. Mills
May 3 bought fixtures and fittings €150 paying by cheque
May 5 sold goods for cash €275
May 6 bought goods on credit €114 from S. Waites
May 10 paid rent by cash €15
May 12 bought stationery €27 paying in cash
May 18 goods returned to M Mills €23
May 2] let off part of the premises receiving rent by cheque €5
May 23 sold goods on credit to U Henry for €77
May 24 bought a van paying by cheque €300
May 30 Paid the month's wages by cash €117
May 31 the proprietor took cash for his personal use €44
Ex: 6
Nov |] Started business with cash €1500
Nov 2 Bought goods on credit from A Hanson €296
Nov 3 paid rent by cash €28
Nov 4 paid €1000 of the cash of the business into the bank accc
Nov 5 sold goods on credit to E. Linton €54
Nov 7 bought stationery €15 paying by cheque
. Nov 11 cash sales €49
Nov 14 goods returned by us to A Hanson €17
Nov 17 sold goods on credit to § Morgan €29
Nov 20 Paid for repairs to the building in cash €18
Nov 22 E. Linton returned goods to us €]4
Nov 27 Paid Hanson by cheque €279
Nov 28 Cash purchases €125
Nov 29 bought a van paying by cheque €395
Nov 30 bought fixtures €12- on credit from A. Webster
Nov 31] paid motor expenses in cash ¢ S.