Answered Questions /
(Solved): ACC2201 FINANCIAL ACCOUNTING I T2 The Accounting Equation (Part 3: Balance-off Accounts) 4.3A Prepar...
anyone please help.
ACC2201 FINANCIAL ACCOUNTING I T2 The Accounting Equation (Part 3: Balance-off accounts) 4.3A Prepare the double entries (not the T-accounts) for the following transactions using the format Date July Account name Account name Started in business with Â£5,000 in the bank and Â£1,000 cash. 2 Bought stationery by cheque Â£75. 3 Bought goods on time from T. Smart Â£2,100. 4 Sold goods for cash Â£340. 5 Paid insurance by cash f290. 7 Bought a computer on time from J. Hott Â£700. 8 Paid expenses by cheque 132 10 Sold goods on time to C. Biggins Â£630. 11 Returned goods to T. Smart Â£550. 14 Paid wages by cash Â£210. 17 Paid rent by cheque Â£225. 20 Received cheque Â£400 from C. Biggins. 21 Paid J. Hott by cheque Â£700. 23 Bought stationery on time from News Ltd Â£125. 25 Sold goods on time to F. Tank [645. 31 Paid News Ltd by cheque Â£125. 444
During this challenging time when learning has shifted to online platforms.
We are determined to help you with online tutorial services and quick solutions to assist you in your academic work.
Our answers are of high quality from professionals and will give you insight to understand your class concepts effectively.
This time we are only requiring a subscription fee of $12 per month and you get access to professional answers available.
As the world recovers, ensure you maintain high level hygiene, keep a safe social distance and do not forget to help those in need in this challenging season.