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LEE Enter the following transactions in the main ledger accounts of Lee, and entrac a Bought goods on credit from: KH Supplies GH&7,600; Hatts GH2,700;
LEE Enter the following transactions in the main ledger accounts of Lee, and entrac a Bought goods on credit from: KH Supplies GH&7,600; Hatts GH2,700; Toby Traders GH\&5,600 Cash sales GH/8,700. The cash was Paid wages GH/1,400 by cheque. Sold goods on credit to: Elliotts \( \mathrm{GH} \Varangle 3,500 \); L. Lane GH4,200; Carton Leisure GH/7,200 Bought goods for cash GH/4,600 using cash from Lee's safe. Bought goods on credit from: KH Supplies GH\&5,700; Toby Traders GH/9,800 Paid wages GH/1,400 by cheque. Sold goods on credit to: L. Lane GH\&3,200; Carton Leisure GH\&2,300 Bought shop fixtures on credit from Beta Fittings GH&5,000 Paid K H Supplies GH\&8,400 Goods returned to Toby Traders GH/2,000 Paid Beta Fittings GH 5,000 Payment received from Carton Leisure GH9,500 Goods returned to KH Supplies GH&2,400 King Bank provides a loan of GH6,000 Bought a motor van, paying by cheque GH40,000 (15 marks)
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