Question
The following is a list of transaction relates to Wusakile womens club for the month of October 2017. 01.10.2017 started the business with $ 10,000
The following is a list of transaction relates to Wusakile womens club for the month of October 2017.
01.10.2017 started the business with $ 10,000 in cash
02.10.2017 paid $8,000 held in cash into a business bank account
10.10.2017 purchased salt for $ 1,000 paid cash
10.10.2017 purchased more salt costing $6,000 on credit from Bakopala
12.10.2017 Cash sales of $3,000
15.10.2017 Goods sold on credit terms to Nkana East for $ 4,000
20.10.2017 The kasama swag womens club settles Bakopala account by cheque
30.10.2017 received a cheque of $ 2,000 from Nkana East as part paymen
Required
a)Enter the above transaction in Wusakile Womens club ledger account and balance them off.
b)Then extract Wusakile Womens club Trial Balance as at 30th October 2017.
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