D Withers is a wholesaler. The credit transactions listed below took place during the month of May 20-2. Enter each transaction in the appropriate book of original entry, total for the month and post to the purchases, sales, returns and value added tax accounts in the ledger.

All amounts given are before the addition ofVAT, which is to be taken at 10 per cent.

All trade purchases are allowed a trade discount of 20 per cent, not yet taken into account in the figures given below. Trade discount is not allowed on any sales.

20-2 £

1 May Purchased stock from T Smithers Ltd 400 3 May Sold stock toWWilkin 350 4 May Sold stock to T Wilson 300 11 May Returned stock bought on 1 May to T Smithers Ltd 50 12 May Purchased stock from J Williams 270 20 May T Wilson returned stock 20 22 May Returned stock bought on 12 May to J Williams 45 29 May Sold stock toWWilkin 170 30 May Purchased stock from T Smithers Ltd 150