Record the following transactions in ledger accounts for I Sharp for March 2009. 1 March Owner borrows
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Record the following transactions in ledger accounts for I Sharp for March 2009.
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1 March Owner borrows 10,000 from the Essex Bank which is immediately paid into bank. 3 March Machinery is purchased for 950, payment to be made by cheque. 5 March Sharp transfers 1,000 from the bank into the cash till. 12 March Equipment is purchased from T Wilson on credit for 450. 14 March Motor vehicle for 2,000 is purchased by cheque. 19 March Sharp sends 200 of equipment back to Wilson - it was faulty. 24 March Sharp settles his account with Wilson by making payment by cash.
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2009 2009 Mar 1 Essex Bank 2009 Mar 5 Bank 2009 Mar 3 Bank 2009 Mar 14 Bank 2009 ...View the full answer
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Related Book For
Frank Woods Business Accounting Basics
ISBN: 9780273725008
1st Edition
Authors: Frank Wood, Mr David Horner
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