The following credit transactions took place during October 20*8: Required a) Enter the transactions in the appropriate
Question:
The following credit transactions took place during October 20*8:
Required
a) Enter the transactions in the appropriate books of prime entry.
b) Show the necessary entries in the ledgers.
Transcribed Image Text:
October 3 5 8 12 13 14 21 22 29 30 Sold goods to Clement Purchased delivery van from Austen Motors Sold goods to Lycett Purchased goods from Crosby Goods returned by Clements Sold goods to Clements Purchased goods from Cox Purchased goods from Patel Purchased goods from Freer Goods returned to Crosby £ 456 23,580 53 598 34 437 674 771 50 140
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 0% (1 review)
a Entering Transactions in the Appropriate Books of Prime Entry Sales Day Book ...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
Question Posted:
Students also viewed these Business questions
-
The following credit transactions took place during December 20*8: Required a) Enter the transaction in the appropriate books of prime entry. b) Show the necessary entries in the ledgers. December 4...
-
The following credit transactions took place during August 20*8: Required a) Enter the transactions in the appropriate books of prime entry. b) Show the necessary entries in the ledgers. August 4 6...
-
The following credit transactions took place during February 20*8: Required a) Enter the transactions in the appropriate books of prime entry. b) Show the necessary entries in the ledgers. February 1...
-
The value of integral integration from - infinity to infinity dx/1+x^4
-
Parnevik Company has the following investments in its investment portfolio on December 31, 2010 (all investments were purchased in 2010): (1) 3,000 ordinary shares of Anderson Co. which cost $58,500,...
-
This year, for the first time, CTR Corporation must report supplementary information by operating segment. The controller has prepared the following note for inclusion in the annual report. Segmented...
-
Akur and Aifiti share profits on a 45:55 basis respectively. On 1 July 2025 the equity accounts were as follows. The partners were entitled to 8% interest on capital. Aifiti ran the business and...
-
Alpha Company's accountants have just completed the income statement and balance sheet for the year and have provided the following information (dollars in thousands): Other Data: The company issued...
-
1. Hydrogenation of the above compound in the presence of poisoned palladium catalyst gives Me Me Me H H (a) An optically active compound (c) A racemic mixture (b) An optically inactive compound (d)...
-
The following credit transactions took place during April 20*8: Required a) Enter the transactions in the appropriate books of prime entry. b) Show the necessary entries in the ledgers April 1 47894...
-
Jim Kelly owns a clothes shop. The following transactions took place during June 20*8: Required a) Enter the transactions in the appropriate books of prime entry. b) Show the necessary entries in the...
-
Daniel receives 400 shares of A&M Corporation stock from his aunt on May 20, 2017, as a gift when the stock has a $60,000 FMV. His aunt purchased the stock in 2007 for $42,000. The taxable gift is...
-
What are the nuanced mechanisms underlying the process of artistic inspiration, and how do they interact with cognitive and emotional faculties?
-
1. ERP systems need ongoing support to ensure that the system does what it is supposed to do. Identify and describe the support structures needed for stabilization and postproduction support. 2. The...
-
1.1 In your own words, how would you describe the term computer numerical control? (3) 1.2 How does the PLC are utilized in our days? (2) 1.3 If machining is a manufacturing process in which the...
-
Consider two different compounds of arsenic and iodine. Compound A contains 77.21% iodine by mass. Compound B contains 16.44% arsenic by mass. What is the empirical formula of Compound A? A) Asl B)...
-
In the past seven years, Sarah's uncle has been paying her monthly allowance of $1,000 in arrear, directly deposited into Sarah's bank account, with an interest rate of 5% p.a. compounded monthly....
-
How many orbitals can have the designation 5p, 3dz2, 4d, n = 5, and n = 4?
-
Write electron configurations for the following ions, and determine which have noble-gas configurations: (a) Cd2+ (b) p3- (c) Zr4+ (d) Ru3+ (e) As3- (f) Ag+
-
Explain how a profit on the disposal of a non-current asset is treated in a statement of cash flows.
-
Explain why depreciation is added to profit from operations when calculating cash flows.
-
State two reasons why a business might prepare a statement of cash flows.
-
Ricardo works for Bank B and is talking about loans with a consumer. He provides the consumer with a general explanation regarding the basic qualifications of a loan. Although the consumer plans to...
-
Scenario 1: Joey is a 15 year old who is ready to work, but his parents want him to have more responsibility with money first. His parents have already set up checking and savings accounts for him at...
-
Nirmo Power and Light has two P1,000 par value bonds outstanding. Bond X matures in five years and Bond Y matures in 15 years. Both bonds pay P80 interest annually and currently sell at their par...
Study smarter with the SolutionInn App