FINANCIAL ACCOUNTING ASSIGNMENT- TRIAL BALANCE QUESTION
QUESTION
Write up the following transactions in the books of S Pink:
2003
March 1 Started business with cash £1,000.
" 2 Bought goods on credit from A Cliks £296.
" 3 Paid rent by cash £28.
" 4 Paid £1,000 of the cash of the firm into a bank account.
" 5 Sold goods on credit to J Simpson £54.
" 7 Bought stationery £15 paying by cheque.
" 11 Cash sales £49.
" 14 Goods returned by us to A Cliks £17.
" 17 Sold goods on credit to P Lutz £29.
" 20 Paid for repairs to the building by cash £18.
" 22 J Simpson returned goods to us £14.
" 27 Paid A Cliks by cheque £279.
" 28 Cash purchases £125.
" 29 Bought a motor vehicle paying by cheque £395.
" 30 Paid motor expenses in cash £15.
" 31 Bought fixtures £120 on credit from R west.