pace-1acc0802-ad2-v1
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assigntment 2TRANSCRIPT
Contract Ref: ##########Course No: 1ACC0802Author: KannaAssignment21. Instruction : You are required to write up the accounts in the generalledger.: Question:Blue commenced business in 1 July 21 as a wholesale greengrocer withcapital inthe ban! o" #$2%. &is transaction during July were as"ollows :1 JulyBought a second'hand (an by cheque "or #$) * July +aid insurance on the (an by cheque "or #$1,- July +urchased goods costing #$2, on credit "rom A. Brown11 July .old goods on credit to B. /reen amounting to #$0,10 July +aid carriage outwards by cheque amounting to #$211 July #eturned goods to A. Brown o" #$,1) July #epairs to (an paid by cheque : #$*2 July B. /reen returned goods o" #$-,2* July .ent A. Brown a cheque "or #$1021 July #ecei(ed a cheque "rom B. /reen "or #$20*1 July +aid telephone bill by cheque : #$1,*1 July +aid electric bill by cheque : #$0,Version: 1.0 Page 1 of 3 Date :9!201" 12:1#:00 P$Contract Ref: ##########Course No: 1ACC0802Author: KannaAssignment 2. Instruction :You are required to :2a3 4rite up the rele(ant accounts and balance them o5 at the end o"the month.2b3 6romthein"ormationabo(e% prepareatrial balanceasat *1$arch 21.Question:$arch 1 .tarted in business with #$)% in the ban!.$arch 2 bought goodsoncredit "romthe"ollowingpersons: 6ran!#$,,% Byers #$27% 8ee #$11.$arch , 9ash sales #$,1.$arch 1 +aid wages in cash #$11.$arch - .oldgoodsoncredit to: .now#$27,% +ar!#$*1% :yler#$10.$arch 7 Bought goods "or cash #$12.$arch 1Bought goods on credit "rom : Byers #$01% 8ee #$1%20.$arch 12+aid wages in cash #$11.$arch 1* .old goods on credit to : +ar! #$11% :yler #$2,.$arch 1, Bought shop ;