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Q3.a Enter the following in the personal accounts (i.e. the creditor and debtor accounts) only. (20Marks) 2008 September 1 Sales on credit to J Bee

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Q3.a Enter the following in the personal accounts (i.e. the creditor and debtor accounts) only. (20Marks) 2008 September 1 Sales on credit to J Bee K520; T Day K630; J Soul K240. 2 Purchases on credit D Blue K390; F Rise K510; P Lee K280. 8 Sales on credit to T Day K640; L Hope K418. 10 Purchases on credit from F Rise K92; R James K870. 12 Returns inwards from J Soul K25; T Day K190. 17 We returned goods to F Rise K12; R James K84. 20 We paid D Blue by cheque K390. 24 J Bee paid us by cheque K400. 26 We paid R James by cheque K766. 28 J Bee paid us by cash K80. 30 L Hope pays us by cheque K418. B) Prepare a trial balance from the following (5 marks) Capital- K52000, Drawings- k1000, Purchases- k10000, Sales- k20000, Purchases returns- k1000 Sales returns- k2000, Buildings- k20000, Land- k10000, Furniture- k5000, cash-k1000, Debtors- k10000, Creditors- k5000, Bad debts- k1000, Provision for bad debts- k1000, Goodwill- k10000

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