N 75%3GDI 12:51transtutorsGet Answers. Get Unstuck. Study FasterEnter the following transactions in the accounts ofL. Linda:2017July1 Started in business with £20,000 in the bank.2 D. Rupert lent us £5,000 in cash.3 Bought goods on time from B. Brown £1,530 and1. Jess £4,162.4 Sold goods for cash £1,910.6 Took £200 of the cash and paid it into the bank.8 Sold goods on time to H. Rise £1,530.10 Sold goods on time to P. Taylor £341.11 Bought goods on time from B. Brown £560.12 H. Rise returned goods to us £65.14 Sold goods on time to G. Pate £535 and R. Sim£262.15 We returned goods to B. Brown £94.17 Bought van on time from Aberdeen Cars Ltd£9,100.18 Bought office furniture on time from J. WinterLtd £1,800.19 We returned goods to 1. Jess £130.20 Bought goods for cash £770.24 Goods sold for cash £110.25 Paid money owing to B. Brown by cheque£1,924.26 Goods returned to us by G. Pate £34.27 Returned some of office furniture costing £180to I. Winter Ltd.II N 75%3GDI 12:51i transtutorsGet Answers. Get Unstuck. Study Faster18 Bought office furniture on time from J. WinterLtd £1,800.19 We returned goods to 1. Jess £130.20 Bought goods for cash £770.24 Goods sold for cash £110.25 Paid money owing to B. Brown by cheque£1,924.26 Goods returned to us by G. Pate £34.27 Returned some of office furniture costing £180to J. Winter Ltd.28 L. Linda put a further £2,500 into the business inthe form of cash.29 Paid Aberdeen Cars Ltd £9,100 by cheque.31 Bought office furniture for cash £365.QView less »Jan 27 2021 09:48 PM1 Approved AnswerVIJAYAKUMARG answered on January29, 20215 Ratings, (9 Votes)The solution is attached...II

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Description: N 75%3GDI 12:51transtutorsGet Answers. Get Unstuck. Study FasterEnter the following transactions in the accounts ofL. Linda:2017July1 Started in business with £20,000 in the bank.2 D. Rupert lent us £5,000 in cash.3 Bought goods on time from B. Brow

The question is based on the concept of Financial Transactions

Answered: Enter the following transactions in the…

Business

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Enter the following transactions in the accounts of L. Linda: 2017 July 1 Started in business with £20,000 in the bank. 2 D. Rupert lent us £5,000 in cash.

Excel Applications for Accounting Principles

4th Edition

ISBN:9781111581565

Author:Gaylord N. Smith

Publisher:Gaylord N. Smith

Chapter1: Business Transactions (ptrans)

Section: Chapter Questions

Problem 7R

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