View the step-by-step solution to:

Question









/>



Screen Shot 2020-02-10 at 10.30.43 pm.png


A Trial Balance is to be done to ensure there are no issues before completing the statements for a 12 month period. The table attached outlines the transaction details for 30 January. I am wondering what the best way is to fill in sales journal, purchases journal, general ledger, trial balance and subsidiary ledger with the attached figures? The details of the journals are below:


Sales Journal -

Date Debtor Invoice no. Sales GST collected Debtors control TOTAL



Purchases Journal -

Creditor Invoice no. Purchases GST paid Creditors control TOTAL



General Ledger -

Date Details Folio no. Debt Credit Balance TOTAL


Trial Balance -

A/C # Account Debit Credit TOTAL


Subsidiary Ledger -

Date Particulars Journal Ref. Debit Credit Balance


 



Screen Shot 2020-02-10 at 10.30.43 pm.png

Recently Asked Questions

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question
Let our 24/7 Financial Accounting tutors help you get unstuck! Ask your first question.
A+ icon
Ask Expert Tutors You can ask You can ask You can ask (will expire )
Answers in as fast as 15 minutes
A+ icon
Ask Expert Tutors