You are to write up the following in the books: 2016 July 1 Started in business with
Question:
You are to write up the following in the books:
2016 July
1 Started in business with £3,800 cash.
3 Bought goods for cash £480.
7 Bought goods on time £1,200 from J. Gill.
10 Sold goods for cash £172.
14 Returned goods to J. Gill £1,460.
18 Bought goods on time £240 from F. Genesis.
21 Returned goods to F. Genesis £104.
24 Sold goods to A. Prince £292 on time.
25 Paid J. Gill's account by cash £960.
31 A. Prince paid us his account in cash £292.
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Related Book For
Frank Woods Business Accounting Volume 1
ISBN: 9781292084664
13th Edition
Authors: Alan Sangster, Frank Wood
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