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During January, the following transactions took place. Jan 3 Purchased goods on credit from P Moore full price $ 1 8 0 0 , less
During January, the following transactions took place.
Jan Purchased goods on credit from P Moore full price $ less trade discount
Cash purchases $
Returned goods to P Moore full price $
Cash sales $
Credit sales to A Hill full price $ less trade discount
Cash sales $
Paid wages in cash $
Paid general expenses by cheque $
Paid cash into the bank $
Credit purchases from B Wright $ less trade discount
Credit sales to C Parker $ less trade discount
A Hill returned goods full price $
Alex Jones took cash $ for private use
Paid a cheque to P Moore for amount owing $ less cash discount
Repaid bank loan by cheque $
Paid rent by cheque $
Bought equipment on credit from J Carter $ invoice no P
Alex Jones took goods $ for private use
Received a cheque from C Parker for the amount owing for goods bought on January, less cash discount
Interest on the bank loan $
Prepare the following books of prime original entry for January :
i General journal
ii Threecolumn cash book
iii Purchases journal
iv Purchases returns journal
v Sales journal
vi Sales returns journal
Post the entries from the books of prime entry to the appropriate ledgers.
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