Question
Ms B Betty owns Betties Dealers. In which book of first entry (subsidiary journal) will the bookkeeper of Betties Dealers record the transactions that occurred
Ms B Betty owns Betties Dealers. In which book of first entry (subsidiary journal) will the bookkeeper of Betties Dealers record the transactions that occurred on 25 March 20.1? Date Transaction 20.1 March 25 Purchased a laptop and other IT accessories from JJ Computers on credit for R5 000. Answer 1 Purchases journal Date Transaction 20.1 March 25 Received a credit note from Ray Traders for R300 for damaged goods that was returned. Answer 2 Purchases returns journal Date Transaction 20.1 March 25 Sold goods on credit to Arch Traders for R40 000. Answer 3 Sales journal Date Transaction 20.1 March 25 Send some of the IT accessories, bought from JJ Computers on credit, back because it is not fit for the purpose Betties Dealers wanted to use it.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started