From the following transactions of Bouasing Trading Co for November 2022, prepare the sales journal (or general
Question:
From the following transactions of Bouasing Trading Co for November 2022, prepare the sales journal (or general journal), post to the general ledger and prepare a trial balance. Assume your own source document numbers.
3 Sold goods on credit to Thuy Le $473 ($430 + $43 GST) at a cost of $190.
3 Credit sales to Cuom Si Lay $770 ($700 + $70 GST), cost $315.
7 Sold goods for $759 ($690 + $69 GST) to V Vo, which cost $300.
10 Thuy Le was invoiced $209 ($190 + $19 GST) for inventory costing $85.
10 Sent tax invoice to Li Hung Tia $704 ($640 + $64 GST), inventory cost $280.
15 Adjustment credit note to Thuy Le for goods returned $44 ($40 + $4 GST) at a cost of $20.
16 V Vo was sold goods on credit $638 ($580 + $58 GST), which cost $260.
21 Mailed adjustment credit note to Cuom Si Lay for overcharge $33 ($30 + $3 GST).
27 Invoiced Li Hung Tia $462 ($420 + $42 GST) for inventory costing $180.
Step by Step Answer:
Accounting An Introduction To Principles And Practice
ISBN: 9780170403832
9th Edition
Authors: Edward A. Clarke, Michael Wilson