Trevor Smith owns and runs a general store. The following transactions took place last week: 1. Trevors
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Trevor Smith owns and runs a general store. The following transactions took place last week:
1. Trevor’s cash sales for the week amount to £1,634.
2. He pays wages for the week £899, paying employees with cash.
3. Trevor takes £180 cash from the business for his own private use.
4. He pays a garage £328 cash for servicing his delivery van.
5. Trevor sells meat and rolls, etc., £65, to the local squash club for a function. The treasurer will pay Trevor next week.
Required
Enter the transactions in Trevor Smith’s ledger.
If there are a number of transactions that need to be recorded in the same account we do just that – we enter them all in that one account.
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