Page 89 - Microsoft Word - 00 BA3 IW Prelims STUDENT.docx
P. 89
From trial balance to financial statements
Example 1: Solution (cont.)
Purchases
Dr $ Cr $
04-May JM 2,000
06-May ERD 3,000
22-May Cash 3,900
JM
Dr $ Cr $
04-May Purchases 2,000
ERD
Dr $ Cr $
06-May Purchases 3,000
Wages
Dr $ Cr $
07-May Cash 60
25-May Cash 110
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