B Ready, an electrical goods wholesaler, has three departments:

(a) Music,

(b) TV and (c)

Kitchen. The following is a summary of Bright’s sales invoices during the week 1 to 7 March 2007.

The VAT rate was 10 per cent.

(a) Record the above transactions in a columnar book of original entry and post to the general ledger in columnar form.

(b) Write up the personal accounts in the appropriate ledger.
NB Do not balance off any of your ledger accounts.

Transcribed Image Text:

Customer Invoice No Department List price less trade discount VAT Total invoice price Mar 1 G Hill 301 TV 4,700 470 5,170 235NN T Pain 302 TV 1,400 140 1,540 3 G Martin 303 Music 1,100 110 1,210 H Sim 304 Kitchen 600 60 660 7 L Thom 305 TV 1,820 182 2,002 7 G Martin 306 Kitchen 2,900 290 3,190