The transactions listed below relate to Kens business for the month of November 2009: 1.11.09 2.11.09 3.11.09
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The transactions listed below relate to Ken’s business for the month of November 2009:
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1.11.09 2.11.09 3.11.09 4.11.09 Started the business with 150 000 in cash. Transferred 14 000 of the cash to a business bank account. Paid rent of 1000 by cheque. Bought goods on credit from the following suppliers: Ace 5000 Mace 6000 Pace 7000 10.11.09 Sold goods on credit to the following customers: Main Pain 2000 3000 4000 15.11.09 Vain Returned goods costing 1000 to Pace. 22.11.09 Pain returned goods sold to him for 2000. 25.11.09 Additional goods purchased from the following suppliers: Ace 3000 Mace 4000 Pace 5000 26.11.09 Office expenses of 2000 paid by cheque. 27.11.09 Cash sales for the month amounted to 5000. 28.11.09 Purchases paid for in cash during the month amounted to 4000. 29.11.09 Cheques sent to the following suppliers: Ace 4000 Mace 5000 Pace 6000 30.11.09 Cheques received from the following customers: Main Pain Vain 1000 2000 3000 30.11.09 The following cash discounts were claimed by Ken: Ace 200 Mace 250 Pace 300
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