A Jack has the following purchases for the month of May 20X8: Required: (a) Enter up the
Question:
A Jack has the following purchases for the month of May 20X8:
Required:
(a) Enter up the purchases day book for the month.
(b) Post the transactions to the suppliers’ accounts.
(c) Transfer the total to the purchases account.
Transcribed Image Text:
20X8 May 1 From D Pope: 4 DVDs at £60 each, 3 mini hi-fi units at £240 each. Less 25 per cent trade discount. 3 From F Lloyd: 2 washing machines at £280 each, 5 vacuum cleaners at £80 each, 2 dish- washers at £200 each. Less 20 per cent trade discount. 15 From B Sankey: 1 hi-fi unit at £600, 2 washing machines at £320 each. Less 25 per cent trade discount. 20 From J Wilson: 6 CD/radios at £45 each. Less 33¹3 per cent trade discount. 30 From R Freer: 4 dishwashers at £240 each. Less 20 per cent trade discount. "1 "1 "1 11
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Related Book For
Frank Woods Business Accounting Volume 1
ISBN: 9780273681496
10th Edition
Authors: Frank Wood, Alan Sangster
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