1. Business
  2. Accounting
  3. 63a record the following details relating to a carpet retailer...

Question: 63a record the following details relating to a carpet retailer...

Question details

6.3A 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 Nov 1 3 5 6 7 Started in business with £15,000 in the bank. Bought goods on time from: J. Small £290; F. Brown £1,200; T. Rae E610: R. Charles £530. Cash sales £610. Paid rent by cheque £175. 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 E500. 25 Bought another van, paying by cheque immediately £6,200. 26 Received a loan of E750 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
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