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Malumbe is a supplier to Bwalya from the details given below. You are required to prepare Malumbes account fpr the month of March 2016 as

Malumbe is a supplier to Bwalya from the details given below. You are required to prepare Malumbes account fpr the month of March 2016 as it would in Bwalyas books.

2016

MARCH 1 balance owing to Malubwe was K2,130.00

MARCH 9 Bwalya bought goods valued at K2,700.00 less 2% trade discount from Malubwe

MARCH 16 Bwalya returned goods to malubwe , bought on 9 March list price K900.00

MARCH 25 Bwalya paid malubwe the amount due on 1 March by cheque less 2 1/2 cash discount

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