Ledger

1. Enter up the following transactions in the records of E Sangster. Journalise the transactions and post up to ledger.

2010

July1 Started business with RM10,000 in the bank

1. T Cooper lent us RM400 in cash
2. Bought goods on credit from F Jones RM840 and S Charles RM3600
3. Sold goods for cash RM200

6 Took RM250 of the cash and paid it into the bank

8 Sold goods on credit to C Moody RM180

10 Sold goods on credit to J Newman RM220

11Bought goods on credit from F Jones RM370

12C Moody returned goods to us RM40

14Sold goods on credit to H Morgan RM190 and J Peat RM320

15We returned goods to F Jones RM140

17Bought motor van on credit from Manchester Motors RM2600

18Bought office furniture on credit from Faster Supplies Ltd RM600

19We returned goods to S Charles RM110

20We bought goods for cash RM220

24Goods sold for cash RM70

25Paid money owing to F Jones by cheque RM1070

26Goods returned to us by H Morgan RM30

27Returned some office furniture costing RM160 to Faster Supplies Ltd

28E Sangster put a further RM500 into the business in the form of cash

29Paid Manchester Motors RM2600 by cheque

31Bought office furniture for cash RM100