Enter the following transactions in the ledgers of A. Bate, maintaining separate bank and cash accounts. March
Question:
Enter the following transactions in the ledgers of A. Bate, maintaining separate bank and cash accounts.
Transcribed Image Text:
March 3 3 Bate placed 20,000 in a business account Bought car for 8,000, paying by cheque 3,000 4 Bought goods on credit from Hall 6,350 5 Paid cheque for office expenses 340 5 Paid cheque for car insurance 195 8 Cashed a cheque for cash 600 9 Cash received for sales 2,345 12 Sold goods on credit to White 1,645 14 Paid wages in cash 250 18 Cash received for sales 300 20 Banked excess cash 24 Bought goods on credit from Dunn 1,895 25 Cheque received from White 850 26 Cash sales 400 22 27 Paid wages in cash 250 28 Sold goods on credit: White 600 Black 750 29 Cash sales 250 30 Cheque sent: Hall. 5,500 Dunn 1,500 31 Paid all cash into bank
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 0% (2 reviews)
Answered By
Lamya S
Highly creative, resourceful and dedicated High School Teacher with a good fluency in English (IELTS- 7.5 band scorer) and an excellent record of successful classroom presentations.
I have more than 2 years experience in tutoring students especially by using my note making strategies.
Especially adept at teaching methods of business functions and management through a positive, and flexible teaching style with the willingness to work beyond the call of duty.
Committed to ongoing professional development and spreading the knowledge within myself to the blooming ones to make them fly with a colorful wing of future.
I do always believe that more than being a teacher who teaches students subjects,...i rather want to be a teacher who wants to teach students how to love learning..
Subjects i handle :
Business studies
Management studies
Operations Management
Organisational Behaviour
Change Management
Research Methodology
Strategy Management
Economics
Human Resource Management
Performance Management
Training
International Business
Business Ethics
Business Communication
Things you can expect from me :
- A clear cut answer
- A detailed conceptual way of explanation
- Simplified answer form of complex topics
- Diagrams and examples filled answers
4.90+
46+ Reviews
54+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Enter the following transactions in ledger accounts of ABC (including a two-column cash book), balance off and extract the trial balance. 1 Jan ABC started business and put 1,000 in the business bank...
-
Assume that the initial volume of the HA solution equals the volume of water used to dissolve your solid acid HA a) using the value of ka from your titration curve, calculate the pH at the...
-
Presented below is an income statement for Kinder Company for the year ended December 31, 2022. Kinder Company Income Statement For the Year Ended December 31, 2022 Net sales 850,000 Costs and...
-
In Problems 4358, (a) Find the vertex and the axis of symmetry of each quadratic function, and determine whether the graph is concave up or concave down. (b) Find the y-intercept and the...
-
(a) If g(x) = 2x + 1 and h(x) = 4x2 + 4x + 7, find a function f such that f o g = h. (Think about what operations you would have to perform on the formula for to end up with the formula for h.) (b)...
-
How do cognitive biases contribute to prejudice?
-
With the changes taking place in the fashion industry today, such as the shifts in the fashion cycle etc. . . . do you think it will affect the role of the communicator, if so, what do you anticipate...
-
A 24-kg uniform cylindrical roller, initially at rest, is acted upon by a 100-N force as shown. Knowing that the body rolls without slipping, determine (a) The velocity of its center G after it has...
-
A custodial Fund is used to collect and distribute property taxes for several governmental entities. It has collected cash for the entities of $228,000 and has $456,000 in its Property Taxes...
-
Identify the sequence that occurred to balance off the above bank account.
-
This question is provided for extra practice. Mr Pickup sets up, in business as a web site designer. He places 25,000 of his own money into a business bank account and then purchases a computer for...
-
Briefly explain what the slope of a regression line tells us.
-
Explain the process of compression resin transfer molding(CRTM)?in composite manufacturing. What are the benefits of using CRTM for producing composite structures?
-
Explore the role of post-occupancy evaluation in commercial and industrial architecture. How do architects use feedback from building users to improve future designs?
-
Discuss the principles of geotechnical engineering in slope stability analysis. How can engineers assess slope stability, mitigate landslide risks, and design effective stabilization measures to...
-
?In civil engineering, what is the main use of a slump test in concrete technology?
-
Briefly explain what spatial autocorrelation means and what method can be used to measure it
-
The following data pertain to Natalies Knick Knacks, a store that specializes in seasonal decorations, curios, and other collectibles. Beginning inventory of goods ...... $238,600 Purchases for the...
-
Is it ethical to provide safety training in English to immigrant workers who speak little English, in order to reduce costs?
-
Palisade Creek Co. is a merchandising business that uses the perpetual inventory system. The account balances for Palisade Creek Co. as of May 1, 2019 (unless otherwise indicated), are as follows:...
-
1-When accounting for an acquisition, goodwill is the difference between what two things? 2- What factors should be considered when deciding whether an acquisition should be financed with cash or...
-
What is the main friction Fluidity aims to address? REAL STATE
Study smarter with the SolutionInn App