Contract Ref: ########## Course No: 1ACC0802 Author: Kanna Assignment 2 1. Instruction : You are required to write up the accounts in the general ledger.: Question: Blue commenced business in 1 July 2010 as a wholesale greengrocer with capital in the bank of RM2,000. His transaction during July were as follows : 1 July Bought a second-hand van by cheque for RM800 3 July Paid insurance on the van by cheque for RM150 7 July Purchased goods costing RM250 on credit from A. Brown 11 July Sold goods on credit to B. Green amounting to RM450 14 July Paid carriage outwards by cheque amounting to RM20 16 July Returned goods to A. Brown of RM50 18 July Repairs to van paid by cheque : RM30 20 July B. Green returned goods of RM75 23 July Sent A. Brown a cheque for RM140 26 July Received a cheque from B. Green for RM240 31 July Paid telephone bill by cheque : RM65 31 July Paid electric bill by cheque : RM45 Version: 1.0 Page 1 of 4 Date :9/7/2015 12:16:00 PM
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 ;
