UESTION ONE

Record the following details relating to a carpet retaller for the month of November $2013$

J extract a trial balance as at $30$ November $2013.$

$13$

v $1$ Started in business with $f,15,000$ in the bank.

$3$ Bought goods on credit from: J$.$ Small $290$; F$.$ Brown $1,200$; T$.$ Pae $610$; R$.$ Charles

f$\mathrm{.}530.$

$5$ Cash sales $610.$

$6$ Paid rent by cheque $175.$

$7$ Paid business rates by cheque $E130.$

$11$ Sold goods on credit to: T$.$ Potts $85$; J$.$ Field E$48$; T$.$ Gray $1,640.$

$17$ Paid wages by cash $290.$

$18$ We returned goods to: J$.$ Small $19$; R$.$ Charles $27.$

$19$ Bought goods on credit from: R$.$ Charles $110$;$T.$ Rae $320$;$F,$ Jack $165.$

$20$ 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$.$ Rae $500.$

$25$ 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 $71$; $1.$ Field $E42.$

$30$ Proprietor brings a further $900$ into the business, by a payment into the business

bank account.