3.6A Enter the following transactions in the accounts: 20X9 May 1 Started in business with £18,000 in the bank. 2 Bought goods on credit from B Hind £1,455. 3 Bought goods on credit from G Smart £472. 5 Sold goods for cash £210. 6 We returned goods to B Hind £82. 8 Bought goods on credit from G Smart £370. 10 Sold goods on credit to P Syme £483. Sold goods for cash £305. Took £250 of the cash and paid it into the bank. Bought a printer by cheque £620. 21 22 Sold goods on credit to H Buchan £394. 23 P Syme returned goods to us £160. 25 #1 #1 #1 #1 #1 #1 #1 #1 #1 #1 #1 #1 #1 12 18 H Buchan returned goods to us £18. 28 We returned goods to G Smart £47. We paid Hind by cheque £1,373. 29 31 Bought machinery on credit from A Cobb £419.

Century 21 Accounting General Journal
11th Edition
ISBN:9781337680059
Author:Gilbertson
Publisher:Gilbertson
Chapter3: Journalizing Transactions
Section: Chapter Questions
Problem 4.1AP
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Please Explain Proper Step by Step and Do Not Give Solution In Image Format And Fast Answering Please Thanks In Advance ?

3.6A Enter the following transactions in the accounts:
20X9
May
#E
L
71
#
#1
#7
TE
#1
EE
#1
#1
H
2
1 Started in business with £18,000 in the bank.
Bought goods on credit from B Hind £1,455.
Bought goods on credit from G Smart £472.
5 Sold goods for cash £210.
3
6
We returned goods to B Hind £82.
8
Bought goods on credit from G Smart £370.
Sold goods on credit to P Syme £483.
10
12 Sold goods for cash £305.
18
Took £250 of the cash and paid it into the bank.
Bought a printer by cheque £620.
21
22 Sold goods on credit to H Buchan £394.
23
P Syme returned goods to us £160.
25
H Buchan returned goods to us £18.
28
We returned goods to G Smart £47.
29
We paid Hind by cheque £1,373.
31 Bought machinery on credit from A Cobb £419.
Transcribed Image Text:3.6A Enter the following transactions in the accounts: 20X9 May #E L 71 # #1 #7 TE #1 EE #1 #1 H 2 1 Started in business with £18,000 in the bank. Bought goods on credit from B Hind £1,455. Bought goods on credit from G Smart £472. 5 Sold goods for cash £210. 3 6 We returned goods to B Hind £82. 8 Bought goods on credit from G Smart £370. Sold goods on credit to P Syme £483. 10 12 Sold goods for cash £305. 18 Took £250 of the cash and paid it into the bank. Bought a printer by cheque £620. 21 22 Sold goods on credit to H Buchan £394. 23 P Syme returned goods to us £160. 25 H Buchan returned goods to us £18. 28 We returned goods to G Smart £47. 29 We paid Hind by cheque £1,373. 31 Bought machinery on credit from A Cobb £419.
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