Page 61 - F3 -FA Integrated Workbook STUDENT 2018-19
P. 61
Recording transactions and balancing the ledgers
Example 3
Required:
Using Mylee’s cash ledger account from Example 1, strike a balance on
the account and bring down that balance
Solution
Debit (Dr) Cash account Credit (Cr)
Date Details $ Date Details $
Capital (1) 20,000 Rent (2) 1,200
Sales revenue (4) 500 Purchases (3) 2,000
––––– –––––
Sub-total 20,500 Sub-total 3,200
Balance c/d (β figure) 17,300
––––– –––––
20,500 20,500
––––– –––––
Balance b/d 17,300
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