2014

WEEK 1
Oct 6
Oct 6
Oct 6
Oct 6
Oct 6
Oct 6
Oct 7
Oct 7
Oct 7
Oct 7
Oct 7
Oct 8
Oct 8
Oct 8
Oct 8
Oct 9
Oct 9
Oct 9
Oct 9
Oct 10
Oct 10

Invested $400.00 cash into business.

Purchase goods for $37.40 cash
Bought goods from Maya Tortilla Factory (PL1) on credit for $20.00
Sold Chocolate Cake for cash $32.50
Sold Chips&Dips for $34.00 by cash
Sold goods to Cassidy Skeen (SL1) on credit for $2.00
Purchase goods for $28.00 cash
We pay the amount owing to Maya Tortilla Factory less 2% discount.
Sold Garnaches for cash $29.00
Sold Chocolate Cake for cash $10.00
Sold Fudge for cash $4.75
Purchase goods for $7.00 cash
Bought goods from Save U Supermarket (PL2) on credit for $82.00
Sold Cup Cake for $16.50 by cash
Sold Lemon Pie for $15.00 by cash
Purchase goods for $14.00 cash
We pay the amount owing to Save U Supermarket less 1 % discount
Sold Vanilla Flan for cash $21.00
Sold Garnaches for cash $21.00
Purchase goods for $16.25
Sold Enchiladas for $40.00 by cash

WEEK 2
2014
Oct 13
Oct 13
Oct 13
Oct 14
Oct 14
Oct 14
Oct 14
Oct 14
Oct 15
Oct 16
Oct 17
Oct 17

Purchase goods for $16.00 cash

Bought goods from Maya Tortilla Factory on credit for $40.00 (PL01)
Sold Garnaches for cash $63.00
Purchase goods for $15.00 cash
Paid Maya Tortilla Factory $40.00 by cash less 5% discount
Sold Chips & Dips for $25.00 by cash
Sold goods to Amber Rivero (SL2) on credit for $8.00
Took $200.00 out of the cash till and deposit it at the bank
Sold Garnaches for cash $13.00
Ms Rivero paid the debt owing to us by cash less 2% discount
Purchase goods for cash $105.00
Sold Burger for cash $310.00

Requirement:
1) Draw up the Cash Books (two) and record the above transactions.
2) Post each transactions into their respective T accounts
3) Balance off each account per week and carry the balances forward
Save your work on two storage devices
WEEK 3
2014

Oct 20
Oct 20
Oct 20
Oct 21
Oct 21
Oct 21
Oct 22
Oct 22
Oct 22
Oct 22
Oct 22
Oct 23
Oct 23
Oct 24
Oct 24
Oct 24

Purchase goods for $6.88 cash

Purchase goods for $13.95 cash
Sold Garnaches for cash $15.00
Purchase goods for 13.95 cash
Sold Garnaches for cash $24.25
Banked Cash $150.00
Purchase goods for $15.45 cash
Bought goods from Kees Factory (PL03) on credit for $50.00
Sold Enchiladas for $17.00 by cash
Sold goods to Karla Mis (SL3) on credit for $18.00
Sold goods to Karima Turner (SL4) on credit for $12.00
Purchase goods for $13.00 cash
Turner & Mis paid the amount owing by cash, we allowed 1 discount each
Sold Garnaches for cash $14.00
Sold Chocolate Cake for cash $15.00
We pay the amount owing to Kees Factory

WEEK 4
2014
Oct 27
Oct 27
Oct 27
Oct 28
Oct 28
Oct 28
Oct 28
Oct 28
Oct 28
Oct 29
Oct 29
Oct 29
Oct 29
Oct 29
Oct 30
Oct 31
Oct 31

Purchase goods for $2.00 cash

Sold Chips & Dips for $29.50 by cash
Sold goods to Solia Rodriguez (SL5) on credit for $8.50
Took $76.00 out the cash till and deposit it at the bank
Purchase goods for $3.00 cash
Sold Chips & Dips for $15.50 by cash
Ms. Rodriguez by her debt by cash less 1% discount
Sold Powder Buns for $15.00 by cash
Sold goods to Mrs. Pandy (SL6) on credit for $2.00
Purchase goods for $2.00 cash
We received payment for Mrs. Pandy by cash
Sold Sandwich for $10.00 by cash
Sold Cold Cake for $23.50 by cash
Sold goods to Denisha Dawson (SL7) on credit for $1.00
Purchase goods for $5.00 cash
Sold Jello for $6.00 by cash
Sold Carrot Cake for $20.00 by cash

Requirement:
1) Draw up the Cash Books (two) and record the above transactions.
2) Post each transaction into their respective T accounts.
3) Balance off each account per week and carry the balances forward
Save your work on two storage devices