Question

Preparing a Personal Account
8. From the information given below:
(a) Prepare the account of Mr. Small as it would appear in the books of Mr. Big.
2011
Mar. 1 Debit balance brought forward
3,000
Mar. 7 Mr. Small made credit purchases from Mr. Big
1,500
Mar. 12 Mr. Small returned defective goods
150
Mar. 15 Mr. Small paid on account
Mar 30 Mr. Small repaired the roof of Mr. Big's premises and agreed to adjust the value of this work in his account 530
(b) What does the balance of the account at the end of the month mean?
plz give the correct ans ​

Answer 1

Answer:

sorry but I don't know

Explanation:

I don't know this answer