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Answer question 6.4A on Financial and Accounting Proprietor brings a further 900 into the business, by a payment into the business bank account. the following

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Answer question 6.4A on Financial and Accounting
Proprietor brings a further 900 into the business, by a payment into the business bank account. the following transactions for the month of January of a small finishing retailer, 6.4A balance off all the accounts, and then extract a trial balance as at 31 January 20xa 20x8 Jan 1 Started in business with 10,500 cash. 2 Put 9,000 of the cash into a bank account. 3 Bought goods for cash 550 4 Bought goods on credit from: T Dry 800; F Hood 930; M Smith 160; G Low 510 5 Bought stationery on credit from Buttons Ltd 89. 9 "6 "10 14 Sold goods on credit to: R Tong 170; L Fish 240; M Singh 326; A Tom 204. 8 Paid rent by cheque 220. Bought fixtures on credit from Chiefs Ltd 610. 11 Paid salaries in cash 790. 18 Returned goods to: F Hood 30; M Smith 42. "15 Bought van by cheque 6,500 " 16 Received loan from B Barclay by cheque 2,000. 18 Goods returned to us by: R Tong 5; M Singh 20. 21 Cash sales 145. 24 Sold goods on credit to: L Fish 130: A Tom 410: R Pleat 158. 26 We paid the following by cheque: F Hood 900; M Smith 118 29 Received cheques from: R Pleat 158; L Fish 370. 30 Received a further loan from B Barclay by cash 500. 30 Received 614 cash from A Tom. his grestion should not be attempted until cash discounts and trade discounts have l that he will boldly go and

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