Louise Baldwin commenced business as a wholesaler on 1 March 20X9. Her sales on credit during March
Question:
Louise Baldwin commenced business as a wholesaler on 1 March 20X9.
Her sales on credit during March 20X9 were:
All transactions are subject to Value Added Tax at 10%.
(a) Rule up a Sales Day Book and head the main columns as follows.
Enter the above information in the Sales Day Book, totalling and ruling off at the end of March 20X9.
(b) Make the necessary postings from the Sales Day Book to the personal and nominal accounts in the ledger.
(c) Prepare a trial balance at 31 March 20X9.
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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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