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Enter the following transactions in the accounts of L. Linda: 2017 July 1 Started in business with £20,000 in the bank. 2 D. Rupert lent us £5,000 in cash.

Enter the following transactions in the accounts of L. Linda: 2017 July 1 Started in business with £20,000 in the bank. 2 D. Rupert lent us £5,000 in cash.

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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N 75% 3G DI 12:51 transtutors Get Answers. Get Unstuck. Study Faster Enter the following transactions in the accounts of L. Linda: 2017 July 1 Started in business with £20,000 in the bank. 2 D. Rupert lent us £5,000 in cash. 3 Bought goods on time from B. Brown £1,530 and 1. Jess £4,162. 4 Sold goods for cash £1,910. 6 Took £200 of the cash and paid it into the bank. 8 Sold goods on time to H. Rise £1,530. 10 Sold goods on time to P. Taylor £341. 11 Bought goods on time from B. Brown £560. 12 H. Rise returned goods to us £65. 14 Sold goods on time to G. Pate £535 and R. Sim £262. 15 We returned goods to B. Brown £94. 17 Bought van on time from Aberdeen Cars Ltd £9,100. 18 Bought office furniture on time from J. Winter Ltd £1,800. 19 We returned goods to 1. Jess £130. 20 Bought goods for cash £770. 24 Goods sold for cash £110. 25 Paid money owing to B. Brown by cheque £1,924. 26 Goods returned to us by G. Pate £34. 27 Returned some of office furniture costing £180 to I. Winter Ltd. II
Transcribed Image Text:N 75% 3G DI 12:51 transtutors Get Answers. Get Unstuck. Study Faster Enter the following transactions in the accounts of L. Linda: 2017 July 1 Started in business with £20,000 in the bank. 2 D. Rupert lent us £5,000 in cash. 3 Bought goods on time from B. Brown £1,530 and 1. Jess £4,162. 4 Sold goods for cash £1,910. 6 Took £200 of the cash and paid it into the bank. 8 Sold goods on time to H. Rise £1,530. 10 Sold goods on time to P. Taylor £341. 11 Bought goods on time from B. Brown £560. 12 H. Rise returned goods to us £65. 14 Sold goods on time to G. Pate £535 and R. Sim £262. 15 We returned goods to B. Brown £94. 17 Bought van on time from Aberdeen Cars Ltd £9,100. 18 Bought office furniture on time from J. Winter Ltd £1,800. 19 We returned goods to 1. Jess £130. 20 Bought goods for cash £770. 24 Goods sold for cash £110. 25 Paid money owing to B. Brown by cheque £1,924. 26 Goods returned to us by G. Pate £34. 27 Returned some of office furniture costing £180 to I. Winter Ltd. II
N 75% 3G DI 12:51 i transtutors Get Answers. Get Unstuck. Study Faster 18 Bought office furniture on time from J. Winter Ltd £1,800. 19 We returned goods to 1. Jess £130. 20 Bought goods for cash £770. 24 Goods sold for cash £110. 25 Paid money owing to B. Brown by cheque £1,924. 26 Goods returned to us by G. Pate £34. 27 Returned some of office furniture costing £180 to J. Winter Ltd. 28 L. Linda put a further £2,500 into the business in the form of cash. 29 Paid Aberdeen Cars Ltd £9,100 by cheque. 31 Bought office furniture for cash £365. Q View less » Jan 27 2021 09:48 PM 1 Approved Answer VIJAYAKUMARG answered on January 29, 2021 5 Ratings, (9 Votes) The solution is attached... II
Transcribed Image Text:N 75% 3G DI 12:51 i transtutors Get Answers. Get Unstuck. Study Faster 18 Bought office furniture on time from J. Winter Ltd £1,800. 19 We returned goods to 1. Jess £130. 20 Bought goods for cash £770. 24 Goods sold for cash £110. 25 Paid money owing to B. Brown by cheque £1,924. 26 Goods returned to us by G. Pate £34. 27 Returned some of office furniture costing £180 to J. Winter Ltd. 28 L. Linda put a further £2,500 into the business in the form of cash. 29 Paid Aberdeen Cars Ltd £9,100 by cheque. 31 Bought office furniture for cash £365. Q View less » Jan 27 2021 09:48 PM 1 Approved Answer VIJAYAKUMARG answered on January 29, 2021 5 Ratings, (9 Votes) The solution is attached... II
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