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SECTION B. Answer any 2 questions from this section Question Two Record the follow transactions in the accounts of Verliby Company Ltd (VCL). Balance off
SECTION B. Answer any 2 questions from this section Question Two Record the follow transactions in the accounts of Verliby Company Ltd (VCL). Balance off the accounts as at 31 st March, 2021 and prepare a trail balance as at that date. 1st2nd3td4th5th6th8th10th12th18th21st22nd23rd25th28th29thStartedinbusinesswithGHS38,000.00inthebankBoughtgoodsoncreditfromGiladGHs1455.00BoughtgoodsoncreditfromSwartyGHs472.00InvestedinfixeddepositbychequeGHs20,000.00SoldgoodsforcashGHs210.00VCLreturnedgoodstoGiladGHs82.00BoughtgoodsoncreditfromSwartyGHs370.00SoldgoodsoncredittoP.KingGHs483.00SoldgoodsforcashGHs305.00TookGHs250.00ofthecashandpaiditintothebankBoughtaWaterDispenserbychequeGHs620.00SoldgoodsoncredittoBenzGHs394.00P.KingreturnedgoodstoVCLGHs160.00BenzreturnedgoodstoVCLGHs18.00VCLreturnedgoodstoSwartyGHs47.00VCLpaidGiladbychequeGHs1373.00
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A Textbook Of Cost And Management Accounting
Authors: Arora
10th Edition
9789325956209
