1.
Enter up the books from the following details for the month of March, and extract a trial
balance as at 31st March, 2009
March 1
2
5
6
7
9
10
12
13
15
17
18
21
24
27
30
31
2.
Started business with $800 in the bank
Bought goods on credit from the following persons: Henriques $76, Hyatt $27, Braham
$56
Cash Sales $87
Paid wages in cash $14
Sold goods on credit to : Elliot $35, Lane $42, Carlton $72,
Bought goods for cash $46
Bought goods on credit from: Hyatt $57, Braham $98
paid wages in cash $14
Sold goods on credit to: Lane $32, Carlton $23
Bought shop fixtures on credit from Betta Ltd $50
Paid Hyatt by cheque $84
Returned goods to Braham $20
Paid Betta Ltd a Cheque for $50
Carlton paid his account by cheque $95
Returned goods to Henriques $24
King lent $60 by cash
Bought a motor van paying by cheque b$400
Record the following for the month of January 2009, balance off all the accounts and then
extract a trial balance as at January 31, 2009
January 1
2
3
4
5
6
8
10
11
14
15
16
18
21
24
26
29
30
30
Started business with $3500 cash
Put $2800 of the cash into the bank account
Bought goods for cash $150
Bought goods on credit from: Coke $360, Burton $490, Hill $110, Small $340
Bought stationery on credit from Swift Ltd $170
Sold goods on credit to: Walters $90, Binns $150, Howard $190, Pearl $160
Paid rent by cheque $55
Bought fixtures on credit from Matalon Ltd $480
Paid salaries in cash $120
Returned goods to Burton $40, Hill $60
Bought motor van by cheque $700
Received loan from Henry by cheque $600
Goods returned by: Walters $20, Howard $40
Cash sales $90
Sold goods on credit to: Binns $100, Peart $340, Smart $115
Paid the following by cheque: Burton $450, Hill $50
Received cheques from: Smart $115, Binns $250
Received a further loan from Henry by cash $200
Received $500 cash from Peart.
3.
Record the following details for the month of May, 2009 and extract a trial balance as at 30th
May, 2009.
May
1
3
5
6
7
11
17
18
19
20
21
23
25
26
28
30
Started with $5000 in the bank
Bought goods on credit from: Henriques $160, Smith $230, Rogers $400, Boone $310
Cash sales $240
Paid rent by cheque $20
Paid rates by cheque $190
Sold goods on credit to: Matthew $48, Allen $32, Hall $1170
Paid wages by cash $40
Returned goods to: Henriques $14, Boone $20
Bought goods on credit from: Boone $80, Rogers $270, Diaz $130
Goods returned by Allen $2, Matthew $4
Bought motor van on credit from UZ Motors $500
paid the following by cheque: Henriques $146, Smith $230, Rogers $300
Bought another motor van paying by cheque immediately $700
Received a loan $400 cash from William
Received cheques from: Matthew $44, Allen $30
Bring a further $300 into the business by payment into the business bank account.