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Answer 6.2 question on Financial and Accounting in business with capital in cash of 800 and 2,200 in the bank credit from the following prsons:

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Answer 6.2 question on Financial and Accounting
in business with capital in cash of 800 and 2,200 in the bank credit from the following prsons: J Ward 610; P Green 20x6 M Taylor E174; 5 Gemmill 345; P Tone 542. on credit to: J Sharpe 340; G Boycott 720; F Titmus 1,152. P Green 214 "6 Paid rent by cash 180. 9J Sharpe paid us his account by cheque 340. 10 F Tiwing by cheque: M Taylor 174; J Ward 610. id us 1,000 by cheque. the 12 We paid Paid carriage by cash 38. 18 Bought goods on credit from P G 21 Sold goods on credit to G Boycott 810 31 Paid rent by cheque 230. "15 reen 291;S Gemmill 940. 6.2 Enter the following transactions of an antiques shop in the accounts and ance as at 31 March 20x6. 20x6 extract a trial bak March 1 Started in business with 8,000 in the bank. 2 Bought goods on credit from the following persons: L Frank E550, G Byers 290, P Lee 610 Cash sales 510. 5 "6 Paid wages in cash 110. 7 Sold goods on credit to: J Snow 295; K Park 360; B Tyler 640. 9 Bought goods for cash 120. 10 Bought goods on credit from: G Byers 410; P Lee 1,240. 12 Paid wages in cash 110. "13 Sold goods on credit to: K Park 610; B Tyler 205. 15 Bought shop fixtures on credit from Stop Ltd 740. 17 Paid G Byers by cheque 700. 18 We returned goods to P Lee 83. 21 Paid Stop Ltd a cheque for 740. "24 B Tyler paid us his account by cheque 845. 27 We returned goods to L Frank 18. G Prince lent us 1,000 by cash. 31 Bought a van paying by cheque 6,250 30 6.3A Record the following details relating to a carpet retailer for the month of November 200 and extract a trial balance as at 30 November 20X7: 20X7 Nov 1 Started in business with 15,000 in the bank. 3 Bought goods on credit from: J Small 290; F Brown 1,200; T Rae E610; R Charles E530. 5 Cash sales 610. 6 Paid rent by cheque 175 7 Paid business rates by cheque 130. " 11 Sold goods on credit to: T Potts 85; J Field 48; T Gray 1,640 " 17 Paid wages by cash 290. 18 We returned goods to: J Small 18; R Charles 27

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