Study the ledger accounts given below and write out the transactions that took place affecting the business of Huruma Ltd in January 2008.

      

Study the ledger accounts given below and write out the transactions that took place affecting the business of Huruma Ltd in January 2008.
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Answers


sharon
a) On 2nd Jan , the business sold goods on credit to Pendo amounting to shs. 50,000.
b) On 15th Jan, the business paid cash to creditors shs. 30,000.
c) On Jan 10, Huruma Ltd bought goods and paid by cheque shs. 20,000.
d) On Jan 20, Huruma Ltd bought Equipment worth Shs. 10,000 cash.
e) On Jan 22, the business paid debtors by cheque shs. 20,000.
sharon kalunda answered the question on September 2, 2019 at 06:32


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