Write up the following transactions in the T-accounts of F Fernandes: Feb 11 1 1 11 1
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Write up the following transactions in the T-accounts of F Fernandes:
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Feb 11 "1 "1 11 "1 1 Started in business with £11,000 in the bank and £1,600 cash. 2 Bought goods on credit: J Biggs £830; D Martin £610; P Lot £590. 3 Bought goods for cash £370. 4 Paid rent in cash £75. 5 6 7 10 Bought stationery paying by cheque £62. Sold goods on credit: D Twigg £370; B Hogan £290; K Fletcher £410. Paid wages in cash £160. We returned goods to D Martin £195.
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Date Description Debit Credit Balance Feb 1 Starting Balance 11000 11000 Feb 1 Starting Balance Cash ...View the full answer
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Deepankur Keserwani
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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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