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Q 3. For each of the following individual transactions prepare the ledger accounts: Ole purchases goods for 5000, and pays by cheque. Ole makes a
Q 3. For each of the following individual transactions prepare the ledger accounts: Ole purchases goods for 5000, and pays by cheque. Ole makes a sale to a customer for 500. The computer pays in 30 days time. Ole pays a telephone bill amounting to 40 and pays by cheque. Ole receives bank interest income of 150. Ole purchases stationary for 12 and pays cash Ole makes a sale to a customer for 400. The customers pays cash.
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