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Mr Amotekun has the following transactions for the month of August, 2024. Cash purchases 30,0000...

Mr Amotekun has the following transactions for the month of August, 2024.
Cash purchases 30,0000
Cash sales 100,000
Paid wages by cash 2,000
Paid insurance by cash 8,000
Settled Olu by cash 3,000
Required: Record the transactions in the necessary ledgers, balance the accounts and extract a trial balance for the month?
In Ekiti State University
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Asked by Bossman on 19th August, 2024
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WAEC GCE Nov/Dec 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 332996
Join your school's WhatsApp group
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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Myschool's prices for products & services are going up in November - Buy what you need now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC GCE Nov/Dec 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 332996