Accounts

Fundamentals of Accounting Purchases, gross revenue and Return Journals pass 1 A. Henrique has the following purchases and gross revenue for may 2006: 2006 June1 sell to M summon: presidential term goods $24, bronze items $36. less(prenominal)(prenominal) 25 per penny traffic fuel June 7 Sold to R Richards: tin goods $79, entice items $230. little 33 1/3 per cent give the sack rate June 9 Bought from C Clarke: tin goods $400. slight 40 per cent hit the books discount June 16 Bought from A Charles: copper goods $320. Less 50 per cent sell discount June 23 Sold to T Young: tin goods $50, brass items $70, lead figures $80. exclusively less 20 per cent trade discount June 31 Bought from M Nelson: brass figures $100. Less 50 per cent trade discount Required: spare up the sales and purchases twenty-four hour periodlight books hazard the items to the personal Accounts jeopardize the totals of the day books to the sales and purchases accounts Question 1 2006 whitethorn 1 self-assertion sales: T. Thompson $56; L. Rodriquez $148; K. Barton $ cxlv whitethorn 3 fleck purchases: P. Potter $ revenue; H Harris $25; B.

Spencer $76 may 7 attribute sales: K Kelly $89; N Mendez $78; N lee side $257 may 9 credence purchases: B Perkins $24; H Harris $58; H Miles $123 whitethorn 11 Goods pass oned by us to: P Potter $12; B Spencer $22 whitethorn 14 Goods returned to us by: T Thompson $5; K Barton $11; K. Kelly $14 may 17 Credit purchases: H Harris $54; B Perkins $65; L Nixon $75 whitethorn 20 Goods returned by us to B Spencer $14 May 24 Credit sales: K Mohammed $57; K Kelly $65; O. Green $112 May 28 Goods returned to us by N Mendes $24 May 31 Credit sales: N Lee $55 Required: Write up sales, purchases, return inwards and return outwards day book. Post the items to the personal accounts Post the totals of the day books to the sales and purchases accountsIf you indirect call for to get a practiced essay, order it on our website: Ordercustompaper.com

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