MORE ILLUSTRATIONS ON THE SUBSIDIARY BOOKS.
EXAMPLE 1:
Write up the purchases journal of Jason & sons, and post
to the ledgers for the month of Sept 2013.
Sept 10-Bought from Coca cola, 12 crates of coke @ N250 each
and 5 crates of Fanta @ N150 each. Trade Discount of 20%.
Sept 12-Bought from PZ Ltd, 140 bags of flour @ N20 each and
400 bags of sugar @ N5 each. Trade Discount of 10%.
Sept 14-Bought from Samsung, 2 sets of IPads @ N500 each and
3 sets of LCD TV’S @ N650 each. Trade Discount of 15%.
Sept 16-Bought from Drumsticks...
