Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Record the following detail relating to a carpet Tea for the Month of November 20x7 and tuted a tial balance as of Botta Mare Mber

Record the following detail relating to a carpet Tea for the Month of November 20x7 and tuted a tial balance as of Botta Mare Mber 2017. retaile 20x7 Mov Hae in business with 16.000 the Bank Bought good on credit from J Small 290; (F Brown 1200; I Rae & fte; R Charles 530. Cash Sale 610- & paid me by cheque 175. 7 paul business rates by cheque 130. fold goods on Credit to : T potts 95; pard Wayes by Cash 290. file returned goods to: J Small 18; R Charles 17. Bought good on Credit from: R. Charles 110, TRae 320 F Jack Eles. to Goods were returned to us by J Freld 6; I potts 14. Bought van on Credit from Timkey Motors 4,950. Wie lale paed the following by cheque: J Small 272; + Brown 1,200, I have 500. Bought another Iran, plying by cheque immediatly 6.200 26 Recieved a ban of 750 cash from B. Bannel. * Reciered Cheques from I potts 71; J Field 42 proprietor brings a further 900 into the business, by payment: Into the business bank account. 6.3A Record the following details relating to a carpet retailer for the month and extract a trial balance as at 30 November 20X7: 20X7 Nov 1 Started in business with 15,000 in the bank. 3 Bought goods on credit from: J Small 290; F Brown 1,200; T F 530. 5 Cash sales 610. 6 Paid rent by cheque 175. 7 Paid business rates by cheque 130. 11 Sold goods on credit to: T Potts 85; J Field 48; T Gray 1,640. 17 Paid wages by cash 290. 18 We returned goods to: J Small 18; R Charles 27. 19 Bought goods on credit from: R Charles 110; T Rae 320; F Jack E 20 Goods were returned to us by: J Field 6; T Potts 14. 21 Bought van on credit from Turnkey Motors 4,950. 23 We paid the following by cheque: J Small 272; F Brown 1,200; T 25 Bought another van, paying by cheque immediately 6,200. 26 Received a loan of 750 cash from B. Bennet. 28 Received cheques from: T Potts 71; J Field 42. 30 Proprietor brings a further 900 into the business, by a payme bank account

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Microsoft Dynamics Ax 2012 R3 Financial Management

Authors: Mohamed Aamer

1st Edition

1784390984, 978-1784390983

More Books

Students also viewed these Accounting questions

Question

5. Discuss the key components of behavior modeling training.

Answered: 1 week ago

Question

4. Develop a self-directed learning module.

Answered: 1 week ago