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?