Enter up the sales day book from the given details

Assignment Help Financial Accounting
Reference no: EM131385437

Enter up the Sales Day Book from the following details. Post the items to the relevant accounts in the Sales Ledger and then show the transfer to the sales account in the General Ledger.

429_Table.jpg

Reference no: EM131385437

Questions Cloud

Prepare a trial balance as at 31 march 2016 : Make the necessary postings from the Sales Day Book to the personal and nominal accounts in the ledger.- Prepare a trial balance as at 31 March 2016.
A three column cash book for a wine wholesaler : A three-column cash book for a wine wholesaler is to be written up from the following details, balanced-off, and the relevant discount accounts in the general ledger shown.
Enter the given in the three column cash book : Enter the following in the three-column cash book of an office supply shop. Balance-off the cash book at the end of the month and show the discount accounts in the general ledger.
Enter up the sales day book from the given details : You are to enter up the Sales Day Book from the following details. Post the items to the relevant accounts in the Sales Ledger and then show the transfer to the sales account in the General Ledger.
Enter up the sales day book from the given details : Enter up the Sales Day Book from the following details. Post the items to the relevant accounts in the Sales Ledger and then show the transfer to the sales account in the General Ledger.
Draw up a sales invoice for each of the above sales : F. Benjamin of 10 Lower Street, Plymouth, is selling the following items at the recommended retail prices as shown: white tape £10 per roll, green felt at £4 per metre, blue cotton at £6 per sheet, black silk at £20 per dress length. He makes the ..
Enter up the purchases day book and the returns outwarda : You are to enter up the Purchases Day Book and the Returns Outwards Day Book from the following details, then to post the items to the relevant accounts in the Purchases Ledger and to show the transfers to the General Ledger at the end of the mont..
Enter up the sales day book and the returns inwards : Enter up the Sales Day Book and the returns inwards day book from the following details. Then post to the customers accounts and show the transfers to the General Ledger.
Enter up sales purchases returns inwards and returns outward : You are to enter up the sales, purchases, returns inwards and returns outwards day books from the following details, then to post the items to the relevant accounts in the sales and purchases ledgers.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Prepare the journal entry for the issuance of the note

Intermediate accounting 8th edition On October 1, Eder Fabrication borrowed $70 million and issued a nine-month, 6% promissory note. Interest was payable at maturity. Prepare the journal entry for the issuance of the note and the appropriate adjustin..

  Discontinue paying dividends permanently

The Red Bud Co. pays a constant dividend of $2.50 a share. The company announced today that it will continue to do this for another 2 years after which time they will discontinue paying dividends permanently. What is one share of this stock worth tod..

  What is the heading and brief description of first item

What is the heading and brief description of Item 1? What is the address of the company's corporate headquarters? What is the heading and brief description of Item 6? What is the heading and brief description of Item 7?

  Identify the revenue and costs considerations

The firm partners expect client billing revenue will increase by 35% while costs will be reduced by 20%. Identify the revenue and costs considerations and other relevant issues that should be considered.

  Statement regarding costs and expenses

Select the incorrect statement regarding costs and expenses.

  Did any characteristics of your client change

You are an auditor filing an 8-K Interim Event. Describe your client and what circumstances led you to decide you needed to file this report. Now, in a follow-up post, imagine you need to file an S-1 IPO Registration report on behalf of the same clie..

  Who has incurred subsequent reasonable expenses

Tickets to a football game with hospital administrators to celebrate successful negotiation of a surgical contract earlier in the day.

  Is an increase in your bank statement a debit or a credit

Is an increase in your bank statement a debit or a credit? What method would you use to summarize transactions and transfer to the ledger?

  Calculate consolidated retained earnings

sales $2,555,500, $1,120,000 prepare a consolidated financial statements workpaper for year ended dec. 31, 2013. prepare a schedule to calculate consolidated retained earnings on dec. 31, 2013. use an analytical or t-account.

  Discuss the impact that other factors might have

Discuss the impact that other factors might have. For example, would increasing the quantity of inventory increase costs? Would a salary cut affect employee morale? Would decreased morale affect sales?

  Show the impact of transactions on the accounting equation

(Learning Objectives 3, 5: Show the impact of transactions on the accounting equation; record (journalize and post) transactions in the books) Architect Aaron Ashton purchased supplies on account for $1,700. Later Ashton paid $425 on account.

  Allocating the service department costs to two subsidiaries

In Task 1, you will explore the choice of allocation base (Cost Driver) for service departments; in Task 2, you will explore make-or-buy decision on the basis of relevant costs. Explain allocation bases to be used in allocating the service department..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd