BAFS ACCOUNT QQ THZ=]

2010-03-01 3:59 am
What mean by prepare the ledger accounts for expense, loan from G Lee, A Lam and C Chan for August 2009?
is that mean open a T account for that?
Winnie Kong had the following accounts balances as at 1 August 2009
Stationery expense Dr $300
Loan from G Lee Cr $8000
A Lam Cr $680
C Chan Dr $240


Stationery expense
______________________________________________
2009 $|
Aug 1 Bal b/d 300|
|
|
Am i do it right?

回答 (2)

2010-03-06 4:03 am
無最佳解答
2010-03-01 4:44 am
Yes.

Winnie has to prepare the ledger account for 4 accounts during the month August with the opening balance as at 1 August, 2009

Stationery expense Dr $300
Loan from G Lee Cr $8000
A Lam Cr $680
C Chan Dr $240

Transactions, debits and/or credits, made in August for these 4 accounts will be recorded in the T-account for and the ending balances as at 31 August, 2009 will then be noted.


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