Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Please type your answer 3.6A Enter the following transactions in the accounts: 2020 May 1 Started in business with 18,000 in the bank. 2 Bought
Please type your answer
3.6A Enter the following transactions in the accounts: 2020 May 1 Started in business with 18,000 in the bank. 2 Bought goods on time from B. Hind 1,455. 3 Bought goods on time from G. Smart 472. 5 Sold goods for cash 210. 6 We returned goods to B. Hind 82. 8 Bought goods on time from G. Smart 370. 10 Sold goods on time to P. Syme 483. 12 Sold goods for cash 305. 18 Took 250 of the cash and paid it into the bank. 21 Bought a printer by cheque 620. 22 Sold goods on time to H. Buchan 394. 23 P. Syme returned goods to us 160. 25 H. Buchan returned goods to us 18. 28 We returned goods to G. Smart 47. 29 We paid B. Hind by cheque 1,373. Bought machinery on time from A. Cobb 419. 31
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