Kate sells goods to local customers . The following sales were made during May 2020:МayRetail price STrade discount %1Amy3,935201,430BettyCindy22 Denny51087,54030300Sales returns during May 2020:Retail price SMay8 Betty22 Amy80 Part of the May 5 delivery165 Part of the May 1 deliveryTrade receivables ledger balances at 1 May 2020 including:Betty450CindyDenny444120RequiredPrepare for the month of May 2020:(a)(b)(c)Sales day bookReturns inwards day bookTrade receivables ledger control account

Subsidiary books: The transactions that are quite similar in nature recorded in the books called…

Kate sells goods to local customers. The following sales were made during May 2020: Retail price S 3,935 1,430 Trade discount % May 1 Amy Betty Cindy 22 Denny 20 5 10 8 7,540 30 300 Sales returns during May 2020: May Retail price S 80 Part of the May 5 delivery Betty 22 Amy 8 165 Part of the May 1 delivery Trade receivables ledger balances at 1 May 2020 including: Betty Cindy Denny 450 444 120 Required Prepare for the month of May 2020: (a) (b) Sales day book Returns inwards day book Trade receiva ledger control

Kate sells goods to local customers. The following sales were made during May 2020: Retail price S 3,935 1,430 Trade discount % May 1 Amy Betty Cindy 22 Denny 20 5 10 8 7,540 30 300 Sales returns during May 2020: May Retail price S 80 Part of the May 5 delivery Betty 22 Amy 8 165 Part of the May 1 delivery Trade receivables ledger balances at 1 May 2020 including: Betty Cindy Denny 450 444 120 Required Prepare for the month of May 2020: (a) (b) Sales day book Returns inwards day book Trade receiva ledger control

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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