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
Century 21 Accounting Multicolumn Journal
11th Edition
ISBN:9781337679503
Author:Gilbertson
Publisher:Gilbertson
Chapter24: Recording International And Internet Sales
Section: Chapter Questions
Problem 1MP
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