Redraft each of the accounts given in your answer to 5.1 in three-column ledger style accounts. 5.1
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Redraft each of the accounts given in your answer to 5.1 in three-column ledger style accounts.
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5.1 Enter the following items in the appropriate debtors' accounts (i.e. your customers' accounts) only; do not write up other accounts. Then balance off each of these personal accounts at the end of the month. (Keep your answer; it will be used as a basis for question 5.3.) 20X6 May "1 # " 1 Sales on credit to B Flyn 810; G Goh 763; T Fey 392. 4 Sales on credit to F Start 480; B Flyn 134. 10 Returns inwards from B Flyn 93; T Fey 41. 18 G Goh paid us by cheque 763. 20 T Fey paid us 351 by cheque.
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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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