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(Solved): 4.4A Write Up The Following Transactions In The T-accounts Of F. Fernandes Started In Business With ...


4.4A Write up the following transactions in the T-accounts of F. Fernandes Started in business with £11.000 in the bank and £

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4.4A Write up the following transactions in the T-accounts of F. Fernandes Started in business with £11.000 in the bank and £1,600 cash. 2 Bought goods on time: J. Biggs £830; D. Martin £610; P. Lot 1590 3 Bought goods for cash £370. 4 Paid rent in cash £75. 5 Bought stationery paying by cheque £62. 6 Sold goods on time: D. Twigg £370; B. Hogan £290; K. Fletcher £410. 7 Paid wages in cash £160. 10 We returned goods to D. Martin £195. 11 Paid rent in cash £75. 13 B. Hogan returns goods to us £35. 15 Sold goods on time to: T. Lee £205; F. Sharp £280; G. Rae £426. 16 Paid business rates by cheque £970. 18 Paid insurance in cash f280. 19 Paid rent by cheque £75. 20 Bought van on time from B. Black £6,100. 21 Paid motor expenses in cash £24. 23 Paid wages in cash £170. 24 Received part of amount owing from K. Fletcher by cheque £250. 28 Received refund of business rates £45 by cheque. 28 Paid by cheque: J. Biggs £830; D. Martin £415; B. Black £6,100.


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You Have to prepare T- Account Based on given transaction. T Account is presentation for double entry bookkeeping showing Debit
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