Answer to Question #104588 in Accounting for Tebogo Sentle

Question

On 1 August 2010 the following balances appeared in the accoubtung records of trevor traders..general ledger :bank=74 000. Motor vehicles expenses =14 300. Debtors ledger: M Phosa =3 900. Creditors Ledger : grant supplies =23 000..please help start my ledger

Answer 1

Details

Balances at the beginning of the debit Balances at the beginning of the credit

bank 74 000

Motor vehicles expenses 14 300

M Phosa 3900

grant supplies 23 000

Balance 77 900 37 300