Question
Enter the following transactions in the accounts of Jentayu and close of the accounts. 2020 October 1 Started in business with Ksh 2,000,000 in the
Enter the following transactions in the accounts of Jentayu and close of the accounts.
2020
October 1 Started in business with Ksh 2,000,000 in the bank.
"" 2Hughes lent us Ksh 500,000 in cash.
"" 3 Bought goods on credit fromBrown Ksh 153,000 andJess Ksh 416,200.
""4 Sold goods for cash Ksh 191,000.
"" 6 Took Ksh 20,000 of the cash and paid it into the bank.
"" 8 Sold goods on credit toRise Ksh 137,400.
"" 10 Sold goods on credit toTaylor Ksh 34,100.
"" 11 Bought goods on credit fromBrown Ksh 48,800.
"" 12Rise returned goods to us Ksh 6,500.
"" 14 Sold goods on credit toPate Ksh 53,500 andSim Ksh 26,200.
"" 15 We returned goods toBrown Ksh 9,400.
"" 17 Bought van on credit from Aberdeen Cars Ltd Ksh 437,000.
"" 18 Bought office furniture on credit fromWinter Ltd Ksh 180,000.
""19 We returned goods toJess Ksh 13,000.
"" 20 Bought goods for cash Ksh 39,000.
""24 Goods sold for cash Ksh 11,000.
"" 25 Paid money owing toBrown by cheque Ksh 192,400.
"" 26 Goods returned to us byPate Ksh 3,400.
"" 27 Returned some of office furniture costing Ksh 18,000 to Winter Ltd.
""28Linda put a further Ksh 250,000 into the business in the form of cash.
"" 29 Paid Aberdeen Cars Ltd Ksh 437,000 by cheque.
""31 Bought office furniture for cash Ksh 36,500.
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