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1 Record the following transaction in cash account of excellosor Limited,Open ledger account including purchases,sales and post appropriate folios and balance the account at 31
1 Record the following transaction in cash account of excellosor Limited,Open ledger account including purchases,sales and post appropriate folios and balance the account at 31 October 2019. /October 1 Started business with cash N250,000 October 2 Bought goods with cash N120,000 October 3 Sold goods for cash N75,000 October 4 Paid for Carriage N25,000 October 6 Paid advertising on account N33,000 October 8 Halilu Paid cash on account N55,000 /October 10 Provide Loans to Ali N15,000 /October 16 Accumulate cash sales N21,000 October 18 Purchased goods for cash N23,000 /October 27 Paid Wages N60,000 October 30 cash sales N35,000 [20 MARKS] K
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