Complete the table by showing the accounts to be debited and credited for Favor Enterprise TRANSACTIONS...

 

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Complete the table by showing the accounts to be debited and credited for Favor Enterprise TRANSACTIONS DATE/YEAR March, 2018 1 2 469 8 10 11 12 14 15 17 Started business with GHS20,000 in the cash Atsu lent the business GHS5,000 in cheque Bought goods on credit from Berku GHS1,530 Sold goods for cheque GHS1,910 Took GHS200 of cheque for office use Sold goods on credit to Chiiki GHS 1,374 Sold goods on credit to Zaa GHS341 Bought goods on credit from Berku. GHS488 Chiiki returned goods to us GHS65 Sold goods on credit to Gafa GHS535 We returned goods to Berku GHS94 Bought Van on credit from Zakat Ltd. GHS4,370 ACCOUNTS TO ACCOUNTS TO BE DEBITED BE CREDITED Complete the table by showing the accounts to be debited and credited for Favor Enterprise TRANSACTIONS DATE/YEAR March, 2018 1 2 469 8 10 11 12 14 15 17 Started business with GHS20,000 in the cash Atsu lent the business GHS5,000 in cheque Bought goods on credit from Berku GHS1,530 Sold goods for cheque GHS1,910 Took GHS200 of cheque for office use Sold goods on credit to Chiiki GHS 1,374 Sold goods on credit to Zaa GHS341 Bought goods on credit from Berku. GHS488 Chiiki returned goods to us GHS65 Sold goods on credit to Gafa GHS535 We returned goods to Berku GHS94 Bought Van on credit from Zakat Ltd. GHS4,370 ACCOUNTS TO ACCOUNTS TO BE DEBITED BE CREDITED

Answer rating: 100% (QA)

March 2018 Transactions Debited Credited 1 Started B... View the full answer