Journalize the transactions of sawyer ltd

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Reference no: EM132812851

1 Started in business with £40,000 in the bank and £10,000 in cash till.

3 Purchased goods on credit from: K Austen£500; J Shaphard£200.

5 Cash sales were amounting £890 and credit sales were amounting £250

6 Purchased machinery £3,000 through signing a note from Argos Company.

8 Paid Argos Company £1,000 by cash and issued a cheque for the rest of the amount

9 Paid salary expense by cheque £240.

11 Sold goods on credit to: S Kerry £200; S. Cold £55; B Berry £2,250.

17 Paid rent expense by cash £290.

18 We returned goods to: K Austen£20; J Shaphard£45.

Problem a. Journalize the transactions of Sawyer LTD, for the month ended 31 January, 2018

Reference no: EM132812851

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