Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following credit sales for Edan enterprises took place during May 2020: May 1: Credit sales to Axel May 2: Credit sales to Bisham May

The following credit sales for Edan enterprises took place during May 2020:
 

May 1: Credit sales to Axel 
May 2: Credit sales to Bisham 
May 4: Credit sales to Cloe 
May 5: Credit sales to N.Roben 
May 7: Credit sales to S.Wijnelden 
May 10: Credit sales to T. Hector 
May 11: Credit sales to P. Sneijder 
May 17 Credit sales to N.Roben 
May 23: Credit sales to Cloe 
May 30: Credit sales to Axel
€800
€500
€400
€700
€300
€800
€500
€600
€1,000
€900

Required:
(a) Record the above transactions in a sales day book
(b) Record the above transactions in the following ledger accounts:
 

(i) 
(ii)
Sales Ledger (2 Marks)
Transfer the total to the sales account in the General ledger 

Step by Step Solution

3.51 Rating (161 Votes )

There are 3 Steps involved in it

Step: 1

a Sales Day Book Date Name Invoice No Amount May 1 Axel 1 800 May 2 Bisham 2 50... 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

Income Tax Fundamentals 2013

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

31st Edition

1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516

More Books

Students also viewed these Accounting questions