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Cashbooks introduction £10.49   Add to cart
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  3. University Of Glasgow
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  5. Introduction to accounting

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Cashbooks introduction
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This is a cashbooks introduction task, you do cashbooks before any financial statements covering all in goings and out goings of a business. This is like your businesses diary of transactions. It is much easier to do the financial statements after completing this step.

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Document information

  • September 29, 2024
  • 6
  • 2024/2025
  • Other
  • Unknown

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bethanykernaghan

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Date Details Receipts Payments Balance VAT

1-Aug Balance b/f 8,750.75
8,750.75




Totals

6th August Received £457.50 from Rosehip Plc (customer)
7th August Paid invoice from Nitrate Ltd (supplier) for £357.10
8th August Paid invoice from Taylors Ltd (suppler) for £54.98
10th August Paid invoice from Omega Ltd (supplier) for £405
11th August Received £841 from Lutein Ltd (customer)
15th August Paid Lincon Motors £374.10 including VAT for Van repairs
16th August Paid Pens and Things £85 including VAT

List of Ledgers
Account Name
Sales Revenue 25,782.50
Opening inventory 8,756.00
Purchases 13,845.95
Carriage inwards 1,528.42
Electricity 995.00
Motor Vehicle
Expenses
Wages 85,257.00
Postage /
Stationary
Bank

Trade Receivables
Trade Payables
VAT Control 17,250.00
Opening Capital 15,687.00

, Motor
Postage /
Vehicle Suppliers Customers
Stationary
Expenses

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