Question

Record the following transactions appropriate journals, post to the ledger and prepare a trial balance.

2018 Aug 1 

F Dempsey commenced business by       paying KIO OOO into a bank account in the name of his busIness - DempseNeed assistance with thisy Enterprises.

Aug 2 Office equlpment. K350.

           Rent K245

Aug 4 Cash Purchase, K500.

  Credit purchase from D.Cramham, K620.

Aug 8 Credit Purchase K.Larson, K620 

Aug 12 Cash Sales K35O.

Aug 16 Cash Sales K621

Answer 1

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