9 Ledger WS

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Mona started business on 1 January 2018.

Following transections took place in first two weeks of


trading.

January 1 Capital $20 000 was paid into business bank account.
Paid rent $550 by cheque.
2 Bought goods on credit from Mohammad $3 300, Asawar $ 2570
4 Returned goods to Mohammad $ 410, Asawar $ 50
7 Sold goods on credit to Aswan Traders $1 700, T Thomas $3 600.
9 Received $120 commission by cheque.
10 Paid Mohammad $ 2500 and Asawar $ 2000 by cheque.
12 Aswan Trader returned goods to us $90
Received $ 1000 from Aswan Traders and $ 3000 from T Thomas by cheque.
13 Cash Sales $1000
Cash withdrew for personal use $500
14 Paid sundry expenses $20 in cash
Paid wages $ 500 and rent $ 700 by cheque.

Required:

Entre above transections in the ledger of Mona. Balance the accounts.

Bank Account

Date Detail $ Date Detail $


2018 2018

Capital Account

Date Detail $ Date Detail $


2018 2018

Purchases Account

Date Detail $ Date Detail $


2018 2018
Purchases Return Account

Date Detail $ Date Detail $


2018 2018

Sales Account

Date Detail $ Date Detail $


2018 2018

Sales Return Account

Date Detail $ Date Detail $


2018 2018

Cash Account

Date Detail $ Date Detail $


2018 2018

Sundry Expense Account

Date Detail $ Date Detail $


2018 2018
Drawings Account

Date Detail $ Date Detail $


2018 2018

Rent Account

Date Detail $ Date Detail $


2018 2018

Wages Account

Date Detail $ Date Detail $


2018 2018

Commission Income Account

Date Detail $ Date Detail $


2018 2018

Mohammad Account

Date Detail $ Date Detail $


2018 2018
Asawar Account

Date Detail $ Date Detail $


2018 2018

Aswan Traders Account

Date Detail $ Date Detail $


2018 2018

T Thomas Account

Date Detail $ Date Detail $


2018 2018

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