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please answer using microsoft word/excel 1- 2- Illustration: JD Udeme J.D Udeme began business on 1 July 2010 with capital of N100,000 consisting of N80,000
please answer using microsoft word/excel
1- 2- Illustration: JD Udeme J.D Udeme began business on 1 July 2010 with capital of N100,000 consisting of N80,000 cash at bank and N20,000 cash in hand. Transactions during the month of July 2010 were as follows: Jul Bought stationeries paid by cheque of 1,000 Jul Bought goods on credit from Okoro N9,000; Jumai N11,200. 3- Jul Sold goods on the credit to Ahmed N3000, Tega N9,000 Jul Bought goods paid by cash 3.000 Jul Returns goods to Okoro N4,200 Jul Paid wages in cash N4,000 Jul Sold goods on credit to Peter 11,000 Jul Bought goods on credit from Soro N20,000, Okoro 7,000 10- Jul Returned goods to Soro N3,500 Jul Withdraw N11,000 from the bank for office use Jul Paid wages in cash 14,000 Jul Sold goods on credit to Ahmed N9,000, Tega N7,000 15- Jul Ahmed returned good of N3,000 Jul Paid Okoro amount due to him by cheque after 10% cash discount Jul Ahmed paid the amount due by cheque after 5% cash discount Jul Cash sales paid directly into the bank N12,000 27-Jul Tega returns goods of N2,000 30- Jul The Proprietors personal drawings in cash is N4,000 You are required to enter up the appropriate books, close the books at the end of the month and write up the trial balance. 4- 5- 6- 8- 9- 11- 11- 14- 16- 24- 26 Step by Step Solution
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