Write up the accounts in the Bill Frisby Ledger for the following transactions, then balance off...

 

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Write up the accounts in the Bill Frisby Ledger for the following transactions, then balance off the accounts and extract a Trial Balance. Sept 1 Started business with $28,700 in the bank 4 5 Bought goods $31,250 on credit from S & S Wholesale Transfer $11,150 from bank to cash 6 15 18 Paid for insurance $3,000 by cash Sold goods $40,000 on credit to Suga Roy Goods for $5,300 returned from Suga Roy Paid office expenses $2,780 by cash 19 22 Owner took $4,200 by cheque for personal use Sold goods $12,300 on credit to Dean Peart 25 26 Purchased goods $15,000 on credit from HL Grocery Return goods to S & S Wholesale $6,250 26 27 28 Received cheque $13,000 from Suga Roy Paid S & S Wholesale $25,000 by cheque Sold good $10,000 by cash 29 30 Received cheque $13,000 from Suga Roy Write up the accounts in the Bill Frisby Ledger for the following transactions, then balance off the accounts and extract a Trial Balance. Sept 1 Started business with $28,700 in the bank 4 5 Bought goods $31,250 on credit from S & S Wholesale Transfer $11,150 from bank to cash 6 15 18 Paid for insurance $3,000 by cash Sold goods $40,000 on credit to Suga Roy Goods for $5,300 returned from Suga Roy Paid office expenses $2,780 by cash 19 22 Owner took $4,200 by cheque for personal use Sold goods $12,300 on credit to Dean Peart 25 26 Purchased goods $15,000 on credit from HL Grocery Return goods to S & S Wholesale $6,250 26 27 28 Received cheque $13,000 from Suga Roy Paid S & S Wholesale $25,000 by cheque Sold good $10,000 by cash 29 30 Received cheque $13,000 from Suga Roy

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Bill Frisby Ledger Date Sept 1 Sept 4 Sept 5 Sept 6 Sept 19 Sept 22 Sept 25 Sept 26 Sept 26 Sept 27 ... View the full answer