J Glen has the following purchases for the month of June 20X9: Required: (a) Enter up the
Question:
J Glen has the following purchases for the month of June 20X9:
Required:
(a) Enter up the purchases day book for the month.
(b) Post the items to the suppliers’ accounts.
(c) Transfer the total to the purchases account.
Transcribed Image Text:
20X9 June 2 From F Day: 2 sets golf clubs at £800 each, 5 footballs at £40 each. Less 25 per cent trade discount. From G Smith: 6 cricket bats at £60 each, 6 ice skates at £35 each, 4 rugby balls at £30 each. Less 20 per cent trade discount. 18 From F Hope: 6 sets golf trophies at £90 each, 4 sets golf clubs at £900. Less 33% per cent trade discount. "1 "1 "1 "1 11 25 From L Todd: 5 cricket bats at £52 each. Less 25 per cent trade discount. 30 From M Moore: 8 goal posts at £80 each. Less 40 per cent trade discount.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 71% (7 reviews)
a Purchases Day Book for June 20X9 Date Supplier InvoiceDetails Amount Trade Discount Net Amount Jun ...View the full answer
Answered By
Sayee Sreenivas G B
I have extensive tutoring experience, having worked as a private tutor for over three years. I have tutored students from different academic levels, including high school, undergraduate, and graduate levels. My tutoring experience has taught me to be patient, attentive to student needs, and effective in communicating difficult concepts in simple terms.
I have a strong background in statistics, probability theory, data analysis, and data visualization. I am proficient in using statistical software such as R, Python, and SPSS, which are commonly used in academic research and data analysis. Additionally, I have excellent communication and interpersonal skills, which enable me to establish rapport with students, understand their learning styles, and adapt my teaching approach to meet their needs.
I am passionate about teaching and helping students achieve their academic goals.
0.00
0 Reviews
10+ Question Solved
Related Book For
Frank Woods Business Accounting Volume 1
ISBN: 9780273681496
10th Edition
Authors: Frank Wood, Alan Sangster
Question Posted:
Students also viewed these Business questions
-
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...
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Melissa buys an iPod for $120 and gets consumer surplus of $80. a. What is her willingness to pay? b. If she had bought the iPod on sale for $90, what would her consumer surplus have been? c. If the...
-
While doing some online research concerning a possible investment you come across an article that mentions in passing that a representative of Morgan Stanley had indicated that a company's pension...
-
According to a report from the Center for Studying Health System Change, 20% of Americans delay or go without medical care because of concerns about cost (The Wall Street Journal , June 26, 2008)....
-
When a wire \(1.0 \mathrm{~m}\) long carries a \(20-\mathrm{A}\) current in the \(+x\) direction in a uniform external magnetic field, the magnetic force exerted by the field on the wire is given by...
-
Using the format at the end of this exercise, indicate the impact that each of the following transactions has on the total net position of a proprietary fund and on each net position component. Also,...
-
All work must be shown on every facet of the solution. This includes a timeline with cashflows, timing and rates clearly laid out and formulas (in pure form, not in the calculator or excel form). A...
-
C Phillips, a sole trader specialising in material for Asian clothing, has the following purchases and sales for March 20X9: Required: (a) Prepare the purchases and sales day books of C Phillips from...
-
J Fisher, White House, Bolton, is selling the following items at the retail prices as shown: plastic tubing at 1 per metre, polythene sheeting at 2 per length, vinyl padding at 5 per box, foam rubber...
-
Write the equation of each line described or shown. 1. Through (3, 2) and (-1, -6) 2. Through (-4, 2) and (2, 4) 3. Through (7, 3) and (-6, 2) 4. Through (10, 2) and (8, 7)
-
Explain the organization in detail and why that organization fits with the brand strategy. What benefits will the NFP (Not-for-profit) organization gain?
-
Under accrual based accounting: Under accrual based accounting: Based on the matching principle, if cash has been spent on expenses, the revenue earned related to that expense must be recorded,...
-
Explain (in writing only) how the fishbone diagram can be used by a team to resolve a situation where work delays are frequently occurring. They could be due to workers, material, methods, or the...
-
The IRS maintained that the accrual method taxpayers in the three Supreme Court cases known as the "Trilogy" recognize income on advance payments in the year of receipt. Explain how the IRS was able...
-
Explain the eBook's statement "...A unique connection to global supply chains will result from the increased establishment and use of free trade zones (FTZs) around the world, along with the...
-
Consider the following program: Note that the scheduler in a uniprocessor system would implement pseudo parallel execution of these two concurrent processes by interleaving their instructions,...
-
For each equation, (a) Write it in slope-intercept form (b) Give the slope of the line (c) Give the y-intercept (d) Graph the line. 7x - 3y = 3
-
(a) Identify the four factors which cause fixed assets to depreciate. (b) Which one of these factors is the most important for each of the following assets? (i) A gold mine, (ii) A lorry, (iii) A 50...
-
A vehicle bought on 1 January 20X0 cost 16,000. Its useful economic life is estimated at 4 years and its trade-in value at that point is estimated as being 4,000. During 20X2 a review of the vehicles...
-
Mavron plc owned the following motor vehicles as at 1 April 20X6: Mavron plcs policy is to provide at the end of each financial year depreciation using the straight line method applied on a...
-
A partially completed pension spreadsheet showing the relationships among the elements that constitute Carney, Incorporated's defined benefit pension plan follows. Six years earlier, Carney revised...
-
Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 32,000 direct labor-hours would be...
-
Transaction Analysis and Journal Entries Pasta House Inc. was organized in January 2022. During the year, the following transactions occurred: a. On January 14, Pasta House sold Martin Halter, the...
Study smarter with the SolutionInn App