Accountancy, asked by omaila, 6 months ago

You are to enter up the necessary accounts for the month of May from the following infor mation relating to a small printing firm. Then balance off the accounts and extract a trial balance as at 31 May 20X6.

20X6 May

1 Started in business with capital in cash of £800 and £2,200 in the bank.

2 Bought goods on credit from the following persons: J Ward £610; P Green £214; M Taylor £174; S Gemmill £345, P Tone £542.

4 Sold goods on credit to: J Sharpe £340; G Boycott £720; F Titmus £1,152.

6 Paid rent by cash £180.

9 J Sharpe paid us his account by cheque, £340
10 F Titmus paid us £1,000 by cheque.

12 We paid the following by cheque: M Taylor £174 J Ward £610.

15 Paid carriage by cash £38.

18 Bought goods on credit from P Green £291; S Gemmill £940.

21 Sold goods on credit to G Boycott £810.

31. Paid rent by cheque £230,

Answers

Answered by ujju25
0

Answer:

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