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transaction fill up above subsidiary ledger by the help of transaction SUBSIDIARY LEDGERS Account: ARC - Handys Electronics Account No. 110-3 Date Description Ref. Debit
transaction
fill up above subsidiary ledger by the help of transaction
SUBSIDIARY LEDGERS Account: ARC - Handys Electronics Account No. 110-3 Date Description Ref. Debit Credit Balance May 31 | Balance 3,104 DR Jun 4 Jun Jun Account: APC - Pear Technology Account No. 210-1 Date Description Ref. Debit Credit Balance May 31 | Balance 3,287 CR Jun Jun 4 4 Jun 4 Account: APC - Big Telco Account No. 210-2 Date Description Ref. Debit Credit Balance May 31 Balance 3,130 CR Jun 4 Jun 4 Jun Week 1 Date Transaction description 1 Obtained a loan of $48,000 from BitiBank at a simple interest rate of 6% per year. Ithe first interest payment is due at the end of August 2022 and the principal of the loan is to be repaid on 1 June 2026 3 Paid the full amount owing to Mega Tech, Cheque No. 603. Payment fell within discount period. 3 Sold 4 BG90 Plasma Televisions to Handys Electronics for $580 each, Invoice No. 201. 3 Made cash sales of $4,328 during the first 3 days of the month. 3 Purchased 6 MePod Multimedia Players with cash for $90 each, Cheque No. 604. 4 Purchased 7 Zii Game Consoles from Pear Technology for $120 each, terms 2/10, n/30. 6 Purchased 5 Mieca Camera Lenses from Moon Megasystems for $290 each, terms net 30. 6 Paid the full amount owing to Big Telco, Cheque No. 605. Payment fell within discount periodStep by Step Solution
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