REVIEW QUESTIONS Question one Styles 2 3 4 5 16 You are to enter up the sales, purchases, returns inwards and returns outwards day books from the following details, then to post the items to the relevant accounts in the sales and purchases ledgers. The total of the day books are then to be transferred to the accounts in the General Ledger. 2009 May 1 Credit sales: T Thompson Tshs 56,000; L Rodriguez Tshs 148,000; K Barton Tshs 145,000. 3 Credit purchases: P Potter Tshs 144,000; H Harris Tshs 25,400; B Spencer Tshs 76,000. 7 Credit sales: K Kelly Tshs 89,000; N Mendes Tshs 78,000; N Lee Tshs 257,000. 9 Credit purchases: B Perkins Tshs 24,000; H Harris Tshs 58,000; H Miles Tshs 123,000. 11 Goods returned by us to: P Potter Tshs 12,000; B Spencer Tshs 22,000. 14 Goods returned to us by: T Thompson Tshs 5,000; K Barton Tshs 11,000; K Kelly Tshs 14,000. 17 Credit purchases: H Harris Tshs 54,000; B Perkins Tshs 65,000; L Nixon Tshs 75,000. 20 Goods returned by us to B Spencer Tshs 14,000. 24 Credit sales: K Mohammed Tshs 57,000; K Kelly Tshs 65,000; O Green Tshs 112,000. 14 Goods returned to us by: T Thompson Tshs 5,000; K Barton Tshs 11,000; K Kelly Tshs 14,000. 17 Credit purchases: H Harris Tshs 54,000; B Perkins Tshs 65,000; L Nixon Tshs 75,000. 20 Goods returned by us to B Spencer Tshs 14,000. 24 Credit sales: K Mohammed Tshs 57,000; K Kelly Tshs 65,000; O Green Tshs 112,000. 28 Goods returned to us by N Mendes Tshs 24,000. 31 Credit sales: N Lee Tshs 55,000.
REVIEW QUESTIONS Question one Styles 2 3 4 5 16 You are to enter up the sales, purchases, returns inwards and returns outwards day books from the following details, then to post the items to the relevant accounts in the sales and purchases ledgers. The total of the day books are then to be transferred to the accounts in the General Ledger. 2009 May 1 Credit sales: T Thompson Tshs 56,000; L Rodriguez Tshs 148,000; K Barton Tshs 145,000. 3 Credit purchases: P Potter Tshs 144,000; H Harris Tshs 25,400; B Spencer Tshs 76,000. 7 Credit sales: K Kelly Tshs 89,000; N Mendes Tshs 78,000; N Lee Tshs 257,000. 9 Credit purchases: B Perkins Tshs 24,000; H Harris Tshs 58,000; H Miles Tshs 123,000. 11 Goods returned by us to: P Potter Tshs 12,000; B Spencer Tshs 22,000. 14 Goods returned to us by: T Thompson Tshs 5,000; K Barton Tshs 11,000; K Kelly Tshs 14,000. 17 Credit purchases: H Harris Tshs 54,000; B Perkins Tshs 65,000; L Nixon Tshs 75,000. 20 Goods returned by us to B Spencer Tshs 14,000. 24 Credit sales: K Mohammed Tshs 57,000; K Kelly Tshs 65,000; O Green Tshs 112,000. 14 Goods returned to us by: T Thompson Tshs 5,000; K Barton Tshs 11,000; K Kelly Tshs 14,000. 17 Credit purchases: H Harris Tshs 54,000; B Perkins Tshs 65,000; L Nixon Tshs 75,000. 20 Goods returned by us to B Spencer Tshs 14,000. 24 Credit sales: K Mohammed Tshs 57,000; K Kelly Tshs 65,000; O Green Tshs 112,000. 28 Goods returned to us by N Mendes Tshs 24,000. 31 Credit sales: N Lee Tshs 55,000.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
You are to enter up the sale, purchases, return inwards and returns outwards day book" from the following details. then to post the items to the relevant accounts in the sales and purchases ledgern, The total of the day books are then to be transferred to the account in the general Ledger. 2009 in drawing May 1 Credit sales: T 0mpson Tshs 56,000; L Rodriguez Tshs 148,000; K Barton Tshs 145.000. 3 Credit purchase: P Potter 144.000'. H Harris Tshs 25000 Spencer Tshs 76.000. 7 credit sales K Kelly 89.000; N Mendes Toho 78.000; N lee Tshs 237,000. 9 Credit purchases: B Perkins 24,000; H Haris Tshs 58000 H miles Tshs 123000 11 Good return by to: p Potter Tshs 12000 B. Spencer Tshs22.000. 14 Goods returned to by: T. Thompson Tshs 5.000; K Barton Tshs 11,000; K Kelly Tshs 14000. 17 Credit purchases: H Harris Tshs 54,000; B Perkins Tshs 65000L Nixon Tshs 75.000. 20 Goods returned by us to B Spences Tshs 14000 24 credit sales: K Muhammed Tshs 57000 , K Kelly Tshs 65000, O . Green Tshs 112000 28 Goods returned to us by N Mendes Tshs 24000 31 Credit sales: N lee Tshs 55000.
Transcribed Image Text:REVIEW QUESTIONS
Question one
Styles
2
3
4
5
16
You are to enter up the sales, purchases, returns inwards and returns
outwards day books from the following details, then to post the items to
the relevant accounts in the sales and purchases ledgers. The total of
the day books are then to be transferred to the accounts in the General
Ledger.
2009
May 1 Credit sales: T Thompson Tshs 56,000; L Rodriguez Tshs 148,000;
K Barton Tshs 145,000.
3 Credit purchases: P Potter Tshs 144,000; H Harris Tshs 25,400; B
Spencer Tshs 76,000.
7 Credit sales: K Kelly Tshs 89,000; N Mendes Tshs 78,000; N Lee
Tshs 257,000.
9 Credit purchases: B Perkins Tshs 24,000; H Harris Tshs 58,000; H
Miles Tshs 123,000.
11 Goods returned by us to: P Potter Tshs 12,000; B Spencer Tshs
22,000.
14 Goods returned to us by: T Thompson Tshs 5,000; K Barton Tshs
11,000; K Kelly Tshs 14,000.
17 Credit purchases: H Harris Tshs 54,000; B Perkins Tshs 65,000; L
Nixon Tshs 75,000.
20 Goods returned by us to B Spencer Tshs 14,000.
24 Credit sales: K Mohammed Tshs 57,000; K Kelly Tshs 65,000; O
Green Tshs 112,000.
Transcribed Image Text:14 Goods returned to us by: T Thompson Tshs 5,000; K Barton Tshs
11,000; K Kelly Tshs 14,000.
17 Credit purchases: H Harris Tshs 54,000; B Perkins Tshs 65,000; L
Nixon Tshs 75,000.
20 Goods returned by us to B Spencer Tshs 14,000.
24 Credit sales: K Mohammed Tshs 57,000; K Kelly Tshs 65,000; O
Green Tshs 112,000.
28 Goods returned to us by N Mendes Tshs 24,000.
31 Credit sales: N Lee Tshs 55,000.
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