| |
Solution
5.5
Purchases
journal
|
|
|
€ |
|
Jan-01 |
GGS
Ltd |
6,000 |
|
Jan-03 |
XYZ
Ltd |
1,000 |
|
Jan-06 |
XYZ
Ltd |
2000 |
|
|
|
9,000 |
Purchases
returns journal
|
|
|
€ |
|
Jan-06 |
GGS |
500 |
|
Jan-07 |
XYZ |
200 |
|
|
|
700 |
|
DR |
Cash
Book |
CR |
|
|
|
Cash |
Bank |
|
|
Cash |
Bank |
|
Jan-02 |
Sales
|
|
2,000 |
Jan-03 |
Rent
|
|
3000 |
|
Jan-03 |
Sales
|
|
1,000 |
Jan-04 |
Cutlery |
|
500 |
|
Jan-04 |
Sales
|
|
1,500 |
Jan-05 |
Wages
|
|
3,000 |
|
Jan-05 |
Sales
|
|
2,500 |
Jan-07 |
GGS
|
|
2,000 |
|
Jan-06 |
Sales
|
|
3,000 |
|
|
|
|
|
Jan-07 |
Sales
|
|
3,250 |
Jan-07 |
Balance
c/d |
|
4,750 |
|
|
|
|
13,250 |
|
|
|
13,250 |
| |
|
|
|
|
|
|
|
|
Purchases
Ledger
|
DR |
GGS Ltd |
CR |
|
|
Purch
returns journal |
500 |
|
Purchases
Journal |
6,000 |
|
|
Bank
|
2,000 |
|
|
|
|
|
Balance
c/d |
3,500 |
|
|
|
|
|
|
6,000 |
|
|
6,000 |
|
|
|
|
|
|
|
|
DR |
XYZ Ltd
|
CR |
|
|
Purch
returns Journal |
200 |
|
Purchases
Journal |
1,000 |
|
|
Balance
c/d |
2,800 |
|
Purchases
Journal |
2,000 |
|
|
|
3,000 |
|
|
3,000 |
|
|
|
|
|
|
|
General
Ledger
|
DR |
Purchases Account |
CR |
|
|
Purchases
Journal |
9,000 |
|
Bal
c/d |
9,000 |
|
|
|
|
|
|
|
|
DR |
Purchases
Returns Account |
CR |
|
|
Bal
c/d |
700 |
|
Purch
returns journal |
700 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
DR |
Sales Account |
CR |
|
|
Bal
c/d |
13,250 |
|
Cash
Book |
13,250 |
|
|
|
|
|
|
|
|
DR |
Rent Account
|
CR |
|
|
Cash
book |
3,000 |
|
Bal
c/d |
3,000 |
|
|
|
|
|
|
|
|
DR |
Kitchen
equipment Account |
CR |
|
|
Cash
Book |
500 |
|
Bal
c/d |
500 |
|
|
|
|
|
|
|
|
DR |
Wages Account |
CR |
|
|
Cash
Book |
3,000 |
|
Bal
c/d |
3,000 |
|
|
|
|
|
|
|
Trial
Balance
|
|
DR |
|
CR |
|
Bank
account |
4,750 |
|
|
|
Creditors
- GGS |
|
|
3,500 |
|
Creditors
- XYZ |
|
|
2,800 |
|
Purchases |
9,000 |
|
|
|
Purchases
returns |
|
|
700 |
|
Sales
|
|
|
13,250 |
|
Rent
|
3,000 |
|
|
|
Kitchen
equipment |
500 |
|
|
|
Wages
|
3,000 |
|
|
|
|
20,250 |
|
20,250 |
|