Page 136 - Book-keeping for Secondary Schools Student’s Book Form One

Book-Keeping for Secondary Schools

4. You are given the following transactions of Naomi for January 2023.

TZS

2023 January 1 Commenced a business with capital in cash 100,000

5 Purchased goods in cash 50,000
FOR ONLINE READING ONLY
7 Paid electricity in cash 10,000
8 Bought goods on credit from Zonte 40,000

15 Purchased furniture in cash 20,000
20 Sold goods on credit to Sukununu 50,000

27 Drew cash for her private use 15,000
28 Paid cash to Zonte 25,000

31 Received cash from Sukununu 40,000

5. Amanda commenced a business with capital in cash 150,000 on 1 March 2021.
st
The following transactions were carried and in that month:

TZS
March 2 Bought goods and paid cash 50,000

4 Paid rent in cash 10,000
5 Sold goods on credit to Andunje 60,000

10 Paid salary in cash 5,000
15 Received cash from Andunje 40,000

18 Bought a radio on credit from Abunuwasi 30,000
20 Paid cash to Abunuwasi 20,000

24 Cash purchases 35,000
26 Cash sales to date 60,000
28 Cash drawings 10,000

29 Paid water bill in cash 15,000

6. Mr Mloka, who is very weak in Book-keeping has provided you with the following
trial balance which does not balance. You are required to redraft it and make it
balance.

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Student’s Book Form One

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