You are provided with the following details about a company's credit customers for the month of November.

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You are provided with the following details about a company's credit customers for the month of November.

Balances in sales ledger

..............................................................................£

1 November 20x2Boycey...............................200

Del Boy...............................100

Rachel................................100

Rondney.............................150

____________________________________________550

Credit sales

..............................................................................£

8 Nov..............................boycey.....................320

11Nov..............................Rodney....................250

14Nov..............................Del boy.....................80

_____________________________________________650

Sales returns

...............................................................................£

16Nov..............................boycey.......................70

Required

You are required to update the sales ledger accounts highlighting the balances to be carried down on 1 December and prepare the general ledger accounts to reflect November's transactions.

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Related Book For  answer-question

Introduction To Financial Accounting

ISBN: 978-0077138448

7th edition

Authors: Anne Marie Ward, Andrew Thomas

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