Enter the following in the appropriate creditors accounts (i.e. your suppliers accounts) only. Do not write up
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Enter the following in the appropriate creditors’ accounts (i.e. your suppliers’ accounts) only. Do not write up the other accounts. Then balance-off each of these personal accounts at the end of the month. 2012 June
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1 Purchases on credit from J. Saville 240; P. Todd 390; J. Fry 1,620. 3 Purchases on credit from P. Todd 470; P. Rake 290. 10 We returned goods to J. Fry 140; J. Saville 65. 15 Purchases on credit from J. Saville 210. 19 We paid P. Rake by cash 290. 28 We paid J. Saville by cash 300. 30 We returned goods to P. Todd 39.
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Related Book For
Frank Woods Business Accounting
ISBN: 9780273759287
12th Edition
Authors: Frank Wood. Sangster, Alan
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