Question

Accounting record of lunar enterprises during february 2020

Question 4.PNG

Bank Sales Cost of

Sales


Debtors

Control Sundry

232 500 48 300 32 200 ? 151 200

Cash Payments Journal

Bank Inventory Creditors


Control Wages Sundry

118 550 21 000 ? 6 600 80 225

Debtors Journal

Debtors Control Sales Cost of Sales

? 87 000 58 000

Creditors Journal

Creditors Control Inventory Sundry

122 675 53 175 69 500


Balances as at 1 February 2020

Bank R69 725

Debtors control R29 165

Creditors control R36 285

Required:

Post the transactions for February 2020 to the following ledger accounts and then balance

these accounts:

4.1. Bank (5)

4.2. Debtors control (5)

4.3. Creditors control (5)


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