Balance off the following four accounts at the month end. Transfer the balances for sales and purchases to the trading account.

Sales Rets, represents sales returns.

Transcribed Image Text:

Sales (ii) Purchases 42 8 June Bank 1,000 1 June Bank 500 9 June Brown 2,000 30 June Patel 9,500 (iii) Bank (iv) R. Smith (debtor) 3 June Cash 500 Sales 1 June Wages 800 1 June Sales 800 Rets. 7 June Rent 300 3 June Sales 1,000 4 June Bank 3,000 8 June Purchases 200