13,500.00 Capital A. Sanusi Purchases Sales Sundry expenses T. Okoko 8,625.00 Wages Cash book balances: Cash Bank +H. Abe) QF i 3. Write up the following aS in Saf! book and Returns \ Outwards book of: (W. Echogay ‘or the month of October, 20__; post the | items to ledger and extract a trial balance: Oct.3 Bought of Queensway Stores: 30 bags of imported rice @ N150 a bag 20 bags of com flour @ N100 a bag | 10 bags of local beans @ N400 a bag | Invoice subjectto 10% trade discount | Blo SR\nG 8 Bought of Oj9JEn (erprises: 60 cartons of Champion biscuits @ N5 a carton 25 bags of salt @ N15 each ic 1 saunollGSerttn 6 cartons of Champion biscuits which were d: it sit 1 bag of salt which lost its potency ere 49 Retumed to Queensway Stores: 2 bags of com flour which were dar 1 bag of local beai aoe ng that did not confor ri m 22 sougnat comet tena 20 bags of forsign beans @ N500 a bag 415 bags of local yam flour at N20 a bag Invoice subject to 5% trade discount 25 Bought of Bashir Brothers: 40 bags of local rice @ N150 a bag 54A W ). ECHOGA’S, Mae NT — L/F || Details Net Total e Particulars UEENSWA 4,500.00 imported rit N150 each 900. 30 bag of impor A100 each 2,000.00 0 bags of com flour @ ie | beans @ N400 each 4,000.00 toner 40,500.00 Less 10% trade discount 1,050.00 | 9,450.00 8b. QJOENTERPRISES BU cartons of Champion biscuits S00 @N5each i 25 bags of salt @ N15 each 375.00 675.00 .22_| (G_OGEHIAND SON . 20 bags of foreign beans @ N500 each Soe 15 bags of local yam flour @ N20 each Foor oa Less 5% trade discount 515.00 | 9,785.00 thos R)BROTHER . 4 is of local rice @ N150 each ae ot. 31 Purchases Account Dr. 25,910. oI v RETURNS OUTWARDS JOURNAL (OCTOBER 20__) Date [Particulars LF] Details | Net Total 14 | LOJDENTERPRISES T ) 6 cartons of Champion biscuits @ N5 if @ach (damaged in transit) 30.00 a 1 bag of salt @ N15, (lost potency) 15.00 .! Det. 19 QUEENSWAY STORES 3 "298 Of com flour @ N100 (damaged 200.0 1 bag of local beans at N400 (rot = conforming to specifications) 400.00 600.00 Q% trade discount 60.00 540.00 TPSHIR)BROTHERS 3 contaminges rice @ N150 each | 600.00 a. lee od