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Module 4 1. Directions: Post the following transactions of Quana Trading to the General ledger and prepare subsidiary ledgers of various accounts for the month
Module 4 1. Directions: Post the following transactions of Quana Trading to the General ledger and prepare subsidiary ledgers of various accounts for the month of September 201. Sept. 02 Collected cash from PAU Merchandising Php 25,000 from previous month balance of Php 35,000. Sept. 03 Purchase merchandise from BOI Trading Php 120,000 on account. Sept. 05 Sales on account to Humpy Enterprise Php 35,654, delivery cost was charged amounting Php 500. Sept. 08 Paid internet based on the bill received on Sept. 01 amounting Php 1,650. Sept. 10 Partial payment was made on the purchase on account dated Sept. 03 amounting Php 50,000. Rubrics Category 5 3 1 - 2 Correctness Computed One account not included Not computed Did not compute correctly in computation correctly Presentation Well 1 to 2 accounts not Many accounts All accounts not presented presented not included presented 4
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