1. The following credit sales for Edan enterprises took place during May 2020: May 1: Credit sales to Axel May 2: Credit sales to Bisham May 4: Credit sales to Cloe May 5: Credit sales to N.Roben May 7: Credit sales to S.Wijnelden €300 May 10: Credit sales to T. Hector May 11: Credit sales to P. Sneijder €500 May 17 Credit sales to N.Roben May 23: Credit sales to Cloe May 30: Credit sales to Axel €800 €500 €400 €700 €800 €600 €1,000 €900 Required: (a) Record the above transactions in a sales day book (b) Record the above transactions in the following ledger accounts: (i) (ii) Sales Ledger (C Transfer the total to the sales account in the General ledger
1. The following credit sales for Edan enterprises took place during May 2020: May 1: Credit sales to Axel May 2: Credit sales to Bisham May 4: Credit sales to Cloe May 5: Credit sales to N.Roben May 7: Credit sales to S.Wijnelden €300 May 10: Credit sales to T. Hector May 11: Credit sales to P. Sneijder €500 May 17 Credit sales to N.Roben May 23: Credit sales to Cloe May 30: Credit sales to Axel €800 €500 €400 €700 €800 €600 €1,000 €900 Required: (a) Record the above transactions in a sales day book (b) Record the above transactions in the following ledger accounts: (i) (ii) Sales Ledger (C Transfer the total to the sales account in the General ledger
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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