Page 112 - Book-keeping for Secondary Schools Student’s Book Form One

Book-Keeping for Secondary Schools

Dr Other payables account (6) Cr

Date Details Folio Amount Date Details Folio Amount

31/1/2020 Balance c/d 2,500,000 2/1/2020 Building 3 2,500,000

1/2/2020 Balance b/d 2,500,000
FOR ONLINE READING ONLY

Dr Purchases account (7) Cr

Date Details Folio Amount Date Details Folio Amount
5/1/2020 Trade 4 500,000 31/1/2020 Balance c/d 740,000
payables
11/1/2020 Trade 4 240,000
payables

740,000 740,000
1/2/2020 Balance b/d 740,000

Dr Trade receivables account (8) Cr

Date Details Folio Amount Date Details Folio Amount
10/1/2020 Sales 8 120,000 15/1/2020 Sales returns 11 10,000
20/1/2020 Cash 9 80,000
31/1/2020 Balance c/d 30,000

120,000 120,000
1/2/2020 Balance b/d 30,000

Dr Sales account (9) Cr
Date Details Folio Amount Date Details Folio Amount
31/1/2020 Balance c/d 250,000 10/1/2020 Trade 7 120,000
receivables

12/1/2020 Cash 9 130,000
250,000 250,000

1/2/2020 Balance b/d 250,000

104
Student’s Book Form One

Book Keeping Form 1 New 2024 FINAL.indd 104 18/10/2024 10:14