You are to enter the following transactions in the books of PP Enterprise, post to accounts, balance off the accounts, extract a trial balance and prepare profit or loss statement and balance sheet as on July, 2016

1. Credit purchases from: K Hill 380; M Norman 500; N Senior 106,: R Morton 200; J Cook 180; D Edwards 410; C Davies 66.

2. Credit sales to: E Rigby 510; E Phillips 246; F Thompson 356, A Green 307; H George 250; J Ferguson 185.

3. Returns outwards to: M Norman 30; N Senior 16.

4. Returns inwards from: E Phillips 18; F Thompson 22.

5. Credit sales to: E Phillips 188; F Powell 310; E Lee 420

6. Credit purchases from: C Ferguson 550; K Ennevor 900.

7. Returns inwards from: E Phillips 27; E Rigby 30.

8. Returns outwards to: J Cook 13; C Davies 11.

9. Credit sales: T Thompson 56; L Rodriguez 148; K Barton 145.

10. Credit purchases: P Potter 144; H Harris 25; B Spencer 76, B Perkins 24; H Harris 58; H Miles 123

11. Credit sales: K Kelly 89; N Mendes 78; N Lee 257.

12. Goods returned by us to: P Potter 12; B Spencer 22.

13. Goods returned to us by: T Thompson 5; K Barton 11; K Kelly 14.

14. Credit purchases: H Harris 54; B Perkins 65; L Nixon 75.

15. Goods returned by us to B Spencer 14.

16. Credit sales: K Mohammed 57; K Kelly 65; O Green 112.

17. Goods returned to us by N Mendes 24.

18. Credit sales: N Lee 55.

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UU-ACG-1000:Accounting 1

19. Credit purchase from F Bean 324.

20. Credit purchases from the following: A Clerk 216; B Lock 322; F Turner 64; G Rill 130

21. Goods returned by us to the following: F Bean 56; A Clerk 28.

22. Credit purchase from B Lock 140.

23. Credit purchases from the following: J Top 230; I Gray 310; F Low 405; P Able 180.

24. Goods returned by us to the following: I Gray 140; B Lock 34.

25. Received a further loan from B Barclay by cash 500.

26. Credit purchases from: F Turner 174; T Burns 230.

27. Credit sales to: B Dock 240; M Ryan 126; G Soul 94; F Trip 107.

28. Credit sales to: P Coates 182; L Job 203; T Mann 99

29. Goods returned to us by: B Dock 19; F Trip 32

30. Bought goods for cash 550.

31. Bought goods on credit from: T Dry 800; F Hood 930; M Smith 160; G Low 510.

32. Bought stationery on credit from Buttons Ltd 89.

33. Sold goods on credit to: R Tong 170; L Fish 240; M Singh 326; A Tom 204.

34. Paid rent by cheque 220.

35. Bought fixtures on credit from Chiefs Ltd 610

36. Paid salaries in cash 790.

37. Returned goods to: F Hood 30; M Smith 42.

38. Bought van by cheque 6,500.

39. Received loan from B Barclay by cheque 2,000.

40. Goods returned to us by: R Tong 5; M Singh 20.

41. Cash sales 145.

42. Sold goods on credit to: L Fish 130; A Tom 410; R Pleat 158.

43. We paid the following by cheque: F Hood 900; M Smith 118.