Page 359 - Microsoft Word - 00 BA3 IW Prelims STUDENT.docx

Answers to questions

Example 1: Solution (cont.)
Advertising

Dr $ Cr $
28-May Bank 25
25

KM
Dr $ Cr $
29-May Sales 8,090 31 May Bal c/d 8,090
8,090 8,090
1 June Bal b/d 8,090

Drawings
Dr $ Cr $
30-May Cash 100 31 May Bal c/d 100
100 100
1 June Bal b/d 100

Carriage outwards
Dr $ Cr $
24-May Bank 25
25

Carriage inwards
Dr $ Cr $
27-May Bank 20
20

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