Record the given details relating to a carpet retailer

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Reference no: EM131385391

Record the following details relating to a carpet retailer for the month of November 2017 and extract a trial balance as at 30 November 2017.

2017
November

1 Started in business with £15,000 in the bank.

3 Bought goods on time from: J. Small £290; F. Brown £1,200; T. Rae £610;

R. Charles £530.

5 Cash sales £610.

6 Paid rent by cheque £175.

7 Paid business rates by cheque £130.

11 Sold goods on time to: T. Potts £85; J. Field £48; T. Gray £1,640.

17 Paid wages by cash £290.

18 We returned goods to: J. Small £18; R. Charles £27.

19 Bought goods on time from: R. Charles £110; T. Rae £320; F. Jack £165.

20 Goods were returned to us by: J. Field £6; T. Potts £14.

21 Bought van on time from Turnkey Motors £4,950.

23 We paid the following by cheque: J. Small £272; F. Brown £1,200; T. Rae £500.

25 Bought another van, paying by cheque immediately £6,200.

26 Received a loan of £750 cash from B. Bennet.

28 Received cheques from: T. Potts £71; J. Field £42.

30 Proprietor brings a further £900 into the business, by a payment into the business bank account.

Reference no: EM131385391

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