Enter the following transactions to the relevant day books, post each transaction to the personal accounts and
Question:
Enter the following transactions to the relevant day books, post each transaction to the personal accounts and transfer the monthly totals to the accounts in the general ledger.
Transcribed Image Text:
2015 May 1 Goods purchased on credit from L Schmidt for 75 May 4 Goods purchased on credit from M Rogers for 54 May 5 Credit sales for 165 to S Luscombe May 8 We return goods to Schmidt worth 24 May 11 Luscombe returns goods worth 31 May 16 Credit purchases from N Arthur for 81 May 18 Sales made on credit to J Keeble for 101 May 21 Goods returned to Arthur valued at 11 May 22 Goods sold to J Keeble for 145 May 25 Keeble returns goods worth 32
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2015 May 5 S Luscombe May 18 J Keeble May 22 J Keeble May 31 Total for month 2015 May 1 L Schmid...View the full answer
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Related Book For
Frank Woods Business Accounting Basics
ISBN: 9780273725008
1st Edition
Authors: Frank Wood, Mr David Horner
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