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This is the book of Mr. Lindsay Kidd
Jan 1 started business with $6000 in the bank and $500 cash in hand
Jan 2 bought $2500 goods on credit from Allen. D
Jan 3 credit sales: Leon. F $660; Earl. A $250; Cecil. H $43
Jan 4 goods bought for cash $230
Jan 5 Bought motor van paying by cheque, $2,560
Jan 7 paid motor expenses by cheque, $72
Jan 9 credit sales: Marlon. W, $240; White. K, $260; Lloyd. C, $650
Jan 11 goods bought on credit: Allen. D $240; Terrence. S $62;
Tyrone. S$460
Jan 13 goods returned by us to Allen. D $ 25
Jan 15 paid motor expenses by cash, $50
Jan 19 goods returned to us by Earl. A $110
Jan 20 cash taken for own use (drawings), $ 100
Jan 21 paid the following by cheque: Terrence. S, $62; Tyrone. S, $460
Jan 23 Leon. F paid us in cash $660
Jan 25 Cecil. H paid us by cheque, $43
Jan 26 cash sales, $340
Jan 27 cash taken for own use, $124
Jan 28 goods returned by us to Allen. D $42
Jan 29 paid for postage stamps by cash, $24
Jan 30 credit sales: Earl. A, $143; Mark. W, $67; White. K, $245
Required:
a) The above transactions are to be entered in the relevant accounts using the T. Account. Balance off all accounts
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