Reference no: EM132519603
Tom Mac Onyango operates a retail shop. The following transactions relates to his business for the month of April 2019:
1 April: commenced business by depositing Sh 96,000 in the bank.
2 April: Paid rent deposit of Sh 1,000 by cheque.
4 April: Bought fittings paying for them by cheque Sh 18,000.
6 April: Bought fittings on credit from N. Odipo for Sh 2,100
8 April: Bought goods on credit from O. Maithya Sh 21,300, M. Gachomba Sh 17,100,
T. Kibogy Sh 38,800.
11 April: Sold goods on credit to A. Onchere Sh 7,200, R. Kimani Sh 11,000, L. Nduti Sh 17,500
15 April: Sold goods on credit to R. Kimani Sh 25,600, O. Nderitu Sh 7,450, and N. Kabahi Sh 8,300.
18 April: A. Onchere returned goods worth Sh 550.
22 April: Received cheque for Sh 36.660 from R. Kimani.
27 April: Paid T. Kibogy Sh 38,800 by cheque.
30 April: Withdrew cash from bank amounting to Sh 2,330 for use in the business.
Required:
Question (a) Open ledger accounts to record the above transactions
Question (b) Extract Tom Mac Onyango Trial Balance as at 30th April 2018
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