Questions and Answers of Introducing Accounting

The following purchases returns day book for Jane is given.Purchases returns day bookRequiredPrepare the ledger accounts from the purchases returns day book. Indicate the ledgers used.
The following sales returns day book for Harold is given:Sales returns day bookRequiredPrepare the ledger accounts from the sales returns day book. Indicate the ledgers used.
The following sales returns day book for Anders is given:Sales returns day bookRequiredPrepare the ledger accounts from the sales returns day book. Indicate the ledgers used.
On 15 June Grant purchased a delivery van for £35,000, on credit from Fogg’s Garage.RequiredPrepare the journal entries to record this transaction
On 7 November 20*8 Phillipa purchased a freezer for her shop for £1,200 from Icecold Ltd. She will pay for the freezer at the end of December 20*8.RequiredPrepare the journal entries to record this
On 6 January 20*8 Branch sold a machine used in his business for £200 to Tippers Ltd. Tippers will settle the debt at the end of January 20*8.RequiredPrepare the journal entries to record this
On 29 April 20*8 Briggs, a welder, sold an electric generator he had used in his business for £300 on credit to Cox.RequiredPrepare the journal entries to record this transaction.
Complete the table by stating, for each transaction, the book of prime entry to be used; the account to be debited; and the account to be credited.The first row has been completed for you.
Complete the table by stating, for each transaction, the book of prime entry to be used; the account to be debited; and the account to be credited. Transaction Electricity paid by cheque Fixed asset
Identify the book of prime entry to be written up from the following source documents:■ Invoice received for purchase of goods for resale■ Cash register till roll■ Copy credit note sent to
Identify the book of prime entry to be written up from the following source documents:■ Copy sales invoice■ Receipt for cash sale of old delivery van■ Credit note received from supplier■ Cash

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