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    T Accounts:ledger Accounts Practise Solved

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    7a4374 his
    1) The document shows accounting transactions for a business in May 2007 including capital investment, purchases, sales, wages, and rent. 2) Major transactions include $10,000 capital investment on May 1st, $4,100 van purchase on May 24th, $845 sales to U Henry on May 23rd, and $200 rent received on May 10th. 3) The document tracks changes to bank, cash, purchase, sales, rent received, wages, and drawings accounts throughout the month.

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    T Accounts:ledger Accounts Practise Solved

    Uploaded by

    7a4374 his
    104 views3 pages
    1) The document shows accounting transactions for a business in May 2007 including capital investment, purchases, sales, wages, and rent. 2) Major transactions include $10,000 capital investment on May 1st, $4,100 van purchase on May 24th, $845 sales to U Henry on May 23rd, and $200 rent received on May 10th. 3) The document tracks changes to bank, cash, purchase, sales, rent received, wages, and drawings accounts throughout the month.

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    T accounts:Ledger accounts Practise Solved

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    1) The document shows accounting transactions for a business in May 2007 including capital investment, purchases, sales, wages, and rent. 2) Major transactions include $10,000 capital investment on May 1st, $4,100 van purchase on May 24th, $845 sales to U Henry on May 23rd, and $200 rent received on May 10th. 3) The document tracks changes to bank, cash, purchase, sales, rent received, wages, and drawings accounts throughout the month.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    104 views3 pages

    T Accounts:ledger Accounts Practise Solved

    Uploaded by

    7a4374 his
    1) The document shows accounting transactions for a business in May 2007 including capital investment, purchases, sales, wages, and rent. 2) Major transactions include $10,000 capital investment on May 1st, $4,100 van purchase on May 24th, $845 sales to U Henry on May 23rd, and $200 rent received on May 10th. 3) The document tracks changes to bank, cash, purchase, sales, rent received, wages, and drawings accounts throughout the month.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
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    Bank Sales

    2007 $ 2007 $ 2007 $ 2007


    1-May Capital 10000 3-May fixtures and fittin 1150 4-May
    21-May Rent received 25 24-May Van 4100 23-May

    Capital
    2007 $ 2007
    1-May

    Cash
    2007 $ 2007 $
    5-May Sales 140 10-May Rent 200 Rent
    12-May Stationery 45 2007 $ 2007
    30 May Wages 360 10-May Cash 200
    31-May Drawings 80

    Satationery
    2007 $ 2007
    Purchase 12-May Cash 45
    2007 $ 2007 $
    2-May D James 290
    6-May C Monty 325

    Fixtures and fittings


    2007 $ 2007
    3-May Bank 1150
    Sales Rent received W
    $ 2007 $ 2007 $ 2007
    Cash 140 21-May Bank 25 30-May
    U Henry 845

    Capital Van Dr
    $ 2007 $ 2007 $ 2007
    Bank 10000 24-May Bank 4100 31-May

    Rent D James Return


    $ 2007 $ 2007 $ 2007
    18-May Return Outwards 41 2-May Purchase 290

    ationery C Monty
    $ 2007 $ 2007 $
    6-May Purchase 325

    s and fittings G Cross


    $ 2007 $ 2007 $
    23-May Sales 845
    Wages
    $ 2007 $
    Cash 360

    Drawings
    $ 2007 $
    Cash 80

    Return Outwards
    $ 2007 $
    18-May D James 41

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