Page 95 - Book-keeping for Secondary Schools Student’s Book Form One

Ledgers

30 Omari:

100 Kilogrammes of rice

100 Kilogrammes of sugar

Damaged packages
FOR ONLINE READING ONLY

(a) Enter the transactions in the sales journal and sales returns journal.
(b) Post the entries in the relevant subsidiary and general ledger accounts.

2. During the month of October 2022 Mr Ngapo sold the following items on credit to
the customers.
2022 October 4 Sold to Sanko & Co.
10 Television sets @TZS 350,000
16 Television remote controls @ TZS 10,000

17 Sold to Mpela hungers Ltd.
20 Television decoders @ TZS 99,000
80 computers (laptops) @ TZS 400,000

21 Sold to Paul Matelephone Ltd.
18 screen protectors @ TZS 3,000
29 Flash disks @ TZS 8,000

You are required to use the information provided above to prepare a sales journal and
post it to the general ledger and subsidiary ledger.

3. During the month of October 2023, the following items were returned by different
customers due to various reasons.
2023 October 26 Sanko & Co. returned the following:
2 Television sets @TZS 350,000 due to wrong brand

5 Television remote controls @ TZS 10,000 due to
technical faults

30 Mpela hungers Ltd. returned the following:
8 Television decoders @ TZS 99,000 broken

6 computers (laptops) @ TZS 400,000 wrong type

You are required to use the given details to prepare a sales returns journal and post
them to the respective ledgers and general journal.

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