Question: Make double entries for this question ! 3. You are to enter up the necessary accounts for the month of October from the following information

Make double entries for this question !
Make double entries for this question ! 3. You are to enter

3. You are to enter up the necessary accounts for the month of October from the following information relating to a small grocery store in North York. Then balance off the accounts and extract a trial balance as at 31 October 2020. 2020 Oct 1 Started in business with capital in cash of $2,800 and $2,200 in the bank. Bought goods on credit from the following persons: J Ward $610; P Green $214; Oct 2 M Taylor $174; S Gemmill $345; P Tone $542. Oct 4 Sold goods on credit to: J Sharpe $340; G Boycott $720; F Titmus $1,152. Oct 6 Paid rent by cash $180. Oct 9 J Sharpe paid us his account by cheque $340. Oct 10 F Titmus paid us $1,152 by cheque. Oct 12 We paid the following by cheque: M Taylor $174; J Ward $610. Oct 15 Paid carriage by cash $380. Oct 18 Bought goods on credit from P Green $291; S Gemmill $940. Oct 21 Sold goods on credit to G Boycott 810. Oct 31 Paid rent by cheque $230

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