The following journals appeared in the books of Flynn Traders.

Post
these journals to the accounts in the General ledger. Goods were sold
at 20% on Selling price and the perpetual inventory system were
used.

CASH PAYMENTS JOURNAL OF FLYNN TRADERS - FEBRUARY 20XX

Day Details Bank Sales Cost of Debtors Discount VAT Sundry Details of
Sales Control Allowed Accounts Sundry
Accounts
08 B Boroto 800 880 (70) (10)

12 Sales 1006 875 700 131

22 S Semenya 3 400 443 2 957 Rent income

5 206 875 700 880 (70) 564 2 957

Day Details Bank Trading Creditors Discount Debtors VAT Sundry Details of
inventory Control received Accounts Sundry
Accounts
01 P Shai 3 000 391 2 609 Rent paid

04 A Appel 2 340 2 035 305

15 Cash 500 500 Drawings

18 M Matlawa 500 2 500

19 N Nkoana 1 000 1 068 (59) (9)

29 Carstoria 12 000 12 000

B Boroto (RD) 800 800

22 140 2 035 15 568 (59) 800 687 3 109

CÂSH RECEIPTS JOURNAL OF FLYNN TRADERS - FEBRUARY 20XX

DEBTORS JOURNAL OF FLYNN TRADERS - FEBURARY 20,X.X

 Date Debtor Debtors output VAT Sales Cost of Sales
Control

3 C Can 1 150 150 1 000 800

1 150 150 1 000 800

DEBTORS ALLOWANCES JOURNAL OF FLYNN TRADERS-

FEBRUARY 20,xx
Date Debtor Debtors Output VAT Debtors Cost of sales
control Allowances

28 C Can 28 38 250 200

28 38 250 200

CREDITORS JOURNAL OF FLYNN TRADERS - FEBRUARY 20,XX

Date Creditor Creditors Input VAT Trading Sundry Details of Sundry
Control Inventory Account accounts

2 J Mmala 5 000 652 4 348

29 Carstoria 80 000 10 435 69 565 Vehicles

85 000 11 087 4 348 69 565

CREDITORS RETURNS JOURNAL OF FLYNN TRADERS -

FEBRUARY 20,xx
Date Creditor Creditors Input VAT Trading Sundry Details of
Control Inventory Account Sundry
accounts

5 J Mmala 1 035 135 900

1 035 135 900