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please can I get this back in 30 mins working on it my self too transactions were taken from the books of Adam Jacobs for
please can I get this back in 30 mins working on it my self too
transactions were taken from the books of Adam Jacobs for the month of Septe Started business with $101800 in the bank Took $25000 out of the bank and put it into the cash till Paid rent by cheque $5000 Goods bought on credit from S. Harris $2900, D. Manning $4120, Goods sold on credit to J. Williams \$2 240 and T. Collins \$3 280 Bought goods on credit from W Thomas $1920 and R. Francis $1320 Paid for motor expenses in cash $940 Sold goods on credit to F. Smith $4160 and C. Brown $1820 Cash drawings by Adam Jacobs (proprietor) $3000 Goods returned to Adam Jacobs by: J. Williams $640 Bought motor vehicle on credit from McKay Motors for $5500 The following paid Adam Jacobs their accounts by cheque: T. Collins and C. Brown Goods returned to Adam Jacobs by: F. Smith $960 The following accounts were settled by Adam Jacobs by cheque: S. Harris and R Francis Goods returned by Adam Jacobs to D. Manning $500 Salaries paid by cheque $9600 Paid electricity by cash $2640 Paid McKay Motors a cheque for \$5 500 B. Ledger Accounts: i. Purchases Ledger ii. Sales ledger iii. General Ledger (Total 37 marks) transactions were taken from the books of Adam Jacobs for the month of Septe Started business with $101800 in the bank Took $25000 out of the bank and put it into the cash till Paid rent by cheque $5000 Goods bought on credit from S. Harris $2900, D. Manning $4120, Goods sold on credit to J. Williams \$2 240 and T. Collins \$3 280 Bought goods on credit from W Thomas $1920 and R. Francis $1320 Paid for motor expenses in cash $940 Sold goods on credit to F. Smith $4160 and C. Brown $1820 Cash drawings by Adam Jacobs (proprietor) $3000 Goods returned to Adam Jacobs by: J. Williams $640 Bought motor vehicle on credit from McKay Motors for $5500 The following paid Adam Jacobs their accounts by cheque: T. Collins and C. Brown Goods returned to Adam Jacobs by: F. Smith $960 The following accounts were settled by Adam Jacobs by cheque: S. Harris and R Francis Goods returned by Adam Jacobs to D. Manning $500 Salaries paid by cheque $9600 Paid electricity by cash $2640 Paid McKay Motors a cheque for \$5 500 B. Ledger Accounts: i. Purchases Ledger ii. Sales ledger iii. General Ledger (Total 37 marks)Step by Step Solution
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