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New tab Practice as (Le)-journal entries x F/POA/Presentations/Ch%202%20-%20The%20Accounting +Q@ Questions/15201 Q 0 ADV -W Enter the following transactions in the main ledger accounts of Lee,
New tab Practice as (Le)-journal entries x F/POA/Presentations/Ch%202%20-%20The%20Accounting +Q@ Questions/15201 Q 0 ADV -W Enter the following transactions in the main ledger accounts of Lee, and extract a trial balance as at 31 March 2013. Assume that all receipts and payments are by cheque unless told otherwise. Fle T 79 March 2013 Dato 1 Started business with Rs.80,000 in the bark 2 Bought goods on credit from: KH Supplies Rs.7,600; Hats Rs 2,700, Toby Traders Rs 5,600 599 6 9 Cash sales Rs.8,700. The cash was kept in a safe in Lee's office. Paid wages Rs. 1,400 by cheque. Sold goods on credit to: Elliotts Rs.3,500, L. Lane Rs.4,200, Carton Leisure Rs.7.200 Bought goods for cash Rs.4,600 using cash from Lee's safe 10 Bought goods on credit from: KH Supplies Rs.5,700; Toby Traders Rs.5.800 22 12 13 15 17 18 21 24 Paid wages Rs.1,400 by cheque Sold goods on credit to: L Lane Rs.3.200; Carton Leisure Rs. 2.300 Bought shop futures on credit from Beta Fittings Rs.5,000 Paid KH Supplies Rs.8,400 Goods retumed to Toby Traders Rs.2,000 Paid Beta Fittings Rs.5,000 Payment received from Carion Leisure Ra.9.500 90 21C Ave 188
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