education.mu
Welcome,
Guest
. Please
login
or
register
.
May 24, 2012, 06:51:22 AM
1 Hour
1 Day
1 Week
1 Month
Forever
Login with username, password and session length
Search:
Advanced search
Welcome to the free discussion forum. Ask your questions and we shall answer you immediately. Everyday new notes are added on the forum.
988
Posts in
592
Topics by
4706
Members
Latest Member:
Sameerchand2012
education.mu
SC (FIV - FV)
Principles of Accounts
(Moderator:
ACCA_Tutor
)
i need help wit dis question it is not balancing
« previous
next »
Pages:
[
1
]
Author
Topic: i need help wit dis question it is not balancing (Read 781 times)
ghost616
Newbie
Offline
Posts: 2
i need help wit dis question it is not balancing
«
on:
November 07, 2010, 02:46:03 PM »
help me wit dis i am new to accounts
A/C Type of A/C + increase - decrease
Cash
Bank
Motor car
Land
Sales
Depreciations
Purchases
Sundry expenses
Rent
capital
You are required to:
1. Record the transaction in ledger accounts.
2. Balance off all accounts.
3. Prepare trial balance as at 31 dec 2009
a. Bought goods on credit from A. Smith on credit $8000
b. Injected further capital into the business of $50,000
c. Sold goods to C. Tomas for $10,000 giving a discount of 10%
d. Sold goods on credit to S&S Ltd $3,000
e. Paid A. Smith $5,000
f. Bought machinery for $150,000 from J&S engineering on credit
g. Received commission from central government services Ltd $10,000
h. Purchased $5,000 worth of goods paying by cheque
i. Sold $3,000 goods to J&S on credit
j. J&S returned $1,000 worth of goods due to wrong specification
Logged
Pages:
[
1
]
« previous
next »
Jump to:
Please select a destination:
-----------------------------
Tuition 2011
-----------------------------
=> Tuition 2011
-----------------------------
SC (FIV - FV)
-----------------------------
=> Travel and Tourism
=> Français
=> EnglishLanguage
=> Mathematics
=> Principles of Accounts
=> Economics
=> Business Studies
=> Physics
=> Biology
=> Chemistry
=> Additional Mathematics
=> Computer Studies
-----------------------------
HSC (LVI - UVI)
-----------------------------
=> General Paper
=> Accounting
=> Physics
=> Chemistry
=> Computing
=> Mathematics
=> Français
-----------------------------
Law
-----------------------------
=> LLB - General Information
=> Common Law Reasoning and Institutions
=> Criminal Law
=> Elements of the Law of Contract
=> Public Law
-----------------------------
ACCA
-----------------------------
=> ACCA - General Information
=> F1
=> F2
=> F3
-----------------------------
Tertiary Education
-----------------------------
=> Web Technologies
=> Management and Finance
=> Computer Networks
=> Information Security
=> Programming in Python
-----------------------------
BCS (British Computer Society)
-----------------------------
=> Software Development
-----------------------------
General Category
-----------------------------
=> Driving Tips
=> Forum Rules
=> General Discussion
=> Happy Birthday Messages
Loading...