Tariq Ahmads business recorded the following transactions during the week ended 7 May. Show how they would
Question:
Tariq Ahmad’s business recorded the following transactions during the week ended 7 May. Show how they would appear in the Day Books, the personal ledgers
(Receivables Ledger and Payables Ledger) and the General Ledger.
1 May Invoices received from C. Moss £630, J. Carter £419 and A. McKeane £330 2 May Invoices sent to K. Palfreyman £199 and L. Patel £870 3 May Invoice received from A. Iqbal £560 and A. McKeane £210 4 May Tariq Ahmad returned goods worth £80 to J. Carter 5 May L. Patel returned goods to Tariq Ahmad which cost £62 6 May Tariq Ahmad paid the amount owing to J. Carter, and L. Patel paid in full 7 May Tariq Ahmad returned goods worth £40 to A. Iqbal
Step by Step Answer:
Accounting And Finance For Business
ISBN: 9780273773948
1st Edition
Authors: Geoff Black, Mahmoud Al-Kilani