Module 4 I. Directions: Post the following transactions of Quana Trading to the General ledger and prepare subsidiary ledgers of various accounts for the month of September 201C. Sept. 02 Collected cash from PAU Merchandising Php 25,000 from previous month balance of Php 35,000. Sept. 03 Sept. 05 Purchase merchandise from BOI Trading Php 120,000 on account. Sales on account to Humpy Enterprise Php 35,654, delivery cost was charged amounting Php 500. Paid internet based on the bill received on Sept. 01 amounting Php 1,650. Partial payment was made on the purchase on account dated Sept. 03 amounting Php 50,000. Sept. 08 Sept. 10
Module 4 I. Directions: Post the following transactions of Quana Trading to the General ledger and prepare subsidiary ledgers of various accounts for the month of September 201C. Sept. 02 Collected cash from PAU Merchandising Php 25,000 from previous month balance of Php 35,000. Sept. 03 Sept. 05 Purchase merchandise from BOI Trading Php 120,000 on account. Sales on account to Humpy Enterprise Php 35,654, delivery cost was charged amounting Php 500. Paid internet based on the bill received on Sept. 01 amounting Php 1,650. Partial payment was made on the purchase on account dated Sept. 03 amounting Php 50,000. Sept. 08 Sept. 10
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter4: Accounting For Retail Operations
Section: Chapter Questions
Problem 4.2P: Sales-related transactions The- following selected transactions were completed by Affordable...
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