Question 1 - Financial Accounting

Question 1 (Amounts are 14\% VAT inclusive, where applicable. All calculations are to be done to the nearest cent.) On 1 January 2007, Pets Traders had the following balances: The following transactions took place during January 2007: Cash sales Cash Register Record the transactions in the correct subsidiary journals, post to the general ledger, debtors ledger and creditors ledger, and draw up a trial balance. [25]