Enter the following transactions in the respective accounts and balance off the accounts as at 30th November
Question:
Enter the following transactions in the respective accounts and balance off the accounts as at 30th November 2019:
Nov. 1 Cash sales €300.
Nov. 2 Bought additional goods on credit from: Joseph Smith €400 and Alfred Maringe €390.
Nov. 3 Returned goods to Alfred Maringe €30.
Nov. 5 Sales on credit to: Mary Seale €500 and Alison Lumby €700.
Nov. 7 Mary Seale returned faulty goods worth €50.
Nov. 8 Paid electricity of €55 by cheque.
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Related Book For
Financial Accounting: From Its Basics To Financial Reporting And Analysis
ISBN: 9781527547261
1st Edition
Authors: Simeon Spiteri
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