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The following information relates Ndonga Traders for the month of Jan 2015.
Jan 1: Sold goods on credit worth Ksh. 100,000 to Maina, invoive No. 101
Jan 2:Sold goods to Wema traders on credit worth Ksh. 50,000 invoice No. 102
Jan 3:Maina returned goods of Ksh. 20000, credit note No. 206
Jan 4: Wema traders returned goods worth Ksh. 5000, credit note No. 207.
Required:
Prepare relevant journal entries, record the above transactions and then post to the relevant ledger accounts

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Dr  Sales Journal  Cr 
Date ParticularInvoice LF Amount
Jan 1 Maina 101 100,000 
 2 Wema traders 102 50,000
  To sales A/c   150,000

 DrSales Return Journal(SRJ)Cr 
DateParticularCredit noteLFAmount
Jan 3Maina  106 20,000
 4 Wema traders 107  5,000
  To sales returns A/c   25,000


Posting to ledger accounts|
General ledger

DrSales A/CCr
DateParticularLFAmountDateParticularLFAmount
    Jan 4Maina SJ150,000 

DrSales Returns A/CCr
DateParticularLFAmountDateParticularLFAmount
Jan 4Total Debtors 25,000    

DrDebtors(Maina) A/CCr
DateParticularLFAmountDateParticularLFAmount
Jan 4Sales  100,000Jan 3Sales returns 20,000

DrDebtors(Wema) A/CCr
DateParticularLFAmountDateParticularLFAmount
Jan 2Sales  50,000Jan 4Sales returns 50,000 
 
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