ACC120 - Assignment One - Instructions and Questions - Spring 2022 Qu Cerca nel foglio Formule Dati Revisione Visualizza + NON ATTIVO Aggiungi penna Disegna con il trackpad iornamenti della sicurezza, correzioni e miglioramenti, scegliere Controlla aggiornamenti. Controlle S T U V W Y Z AA AB Question 5: (fros Extract income st balance as at 30 J own T-account. Egy Inst Lig Question 4: (from chapters 5&6) Record the following transactions for the month of January of a small fishing retailer, balance-off all the accounts, and then extract a trial balance as at 31 January 2021. Date Description Amount () January 2021 1 Started in business with cash. 10.700 2 Transferred cash into the bank account of the business. 9.200 3 Bought goods for cash. 570 4 Bought goods on credit from T. Dry. 820 4 Bought goods on credit from F. Hood. 950 4 Bought goods on credit from M. Smithson. 180 4 Bought goods on credit from G. Harrods. 530 5 Bought stationary on credit from Wooden Stuff Ltd. 1090 6 Sold goods on credit to R. Tong. 190 6 Sold goods on credit to L. Fisher. 260 6 Sold goods on credit to M. Singh. 346 6 Sold goods on credit to A. Tomsons. 224 8 aid rent by cheque. 420 10 Bought Furniture on credit from Chiefs Ltd. 810 11 Paid salaries in cash. 990 14 Returned goods to F. Hood. 50 14 Returned goods to M. Smithson. 62 15 Bought van by cheque. 6.700 16 Received loan from B. Barclay by cheque. 2.200 18 Goods returned to us by R. Tong. 25 18 Goods returned to us by M. Singh. 40 21 Cash sales. 165 24 Sold goods on credit to L. Fisher. 24 Sold goods on credit to A. Tomsons. 430 24 Sold goods on credit to R. Pleat. 178 26 We paid F. Hood by cheque. 26 We paid M. Smithson by cheque. 118 29 Received a cheque from R. Pleat. 178 29 Received a cheque from L. Fisher. 290 30 Received a further loan from B. Barclay by cash. 700 30 Received cash from A. Tomsons. 654 Mo Wa Sale Pure Pos Tru Acc Acc Fixt Sho Cas Dra Inve 150 750 Hints + a MacBook Air Q00 OOO 0 DIL F5 F6 F7 F8 F9 F10 11 S % & 1 ? 4 C 8 5 IL O 6 7 9