Answer question 6.1 on Financial and Accounting

Review questions 6.1 You are to enter up the necessary accounts for the month of Ma mation relating to a small printing firm. Then balance off the accounts anrom the followino as at 31- May 20X6 20X6 1 Started in business with capital in cash of 800 and 2,200 in the bank My 2 credit from the following persons: J Ward 610; P Green p "4 Sold goods on credit to: J Sharpe 340; G Boycott 720; F Titmus 1,152. Bought goods on M Taylor 174; 5 Gemmill 345; P Tone 542. 214 6 Paid rent by cash 180 "9 JSharpe paid us his account by cheque 340. "10 F Titmus paid us 1,000 by cheque. " 12 We paid the following by cheque: M Taylor 174; J Ward 610. "15 Paid carriage by cash 38. "18 Bought goods on credit from P Green 291; S Gemmill 940. 21 Sold goods on credit to G Boycott 810. "31 Paid rent by cheque 230. 6.2 Enter the following transactions of an antiques shop in the accounts and extract a trial bal ance as at 31 March 20x6. 20x6 March 1 Started in business with 00 i a e