You are to enter up the Purchases Day Book and the Returns Outwards Day Book from the
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You are to enter up the Purchases Day Book and the Returns Outwards Day Book from the following details, then to post the items to the relevant accounts in the Purchases Ledger and to show the transfers to the General Ledger at the end of the month.
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20X7 May 1 Credit purchase from F Bean £324. "1 4 Credit purchases from the following: A Clerk £216; B Lock £322; F Turner £64; G Rill £130. "1 "1 "1 7 Goods returned by us to the following: F Bean £56; A Clerk £28. 10 Credit purchase from B Lock £140. 18 Credit purchases from the following: J Top £230; I Gray £310; F Low £405; P Able £180. 25 Goods returned by us to the following: I Gray £140; B Lock £34. 31 Credit purchases from: F Turner £174; T Burns £230.
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b Purchases Day Book and Posting to Purchases Ledger Date Invoice No Supplier Credit Purchase 20X705...View the full answer
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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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