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Question: Barbara owns a butchery business. During one week the following financial transactions took place:

1. She purchases meat £210 from Scragg and Co. She will pay for the meat in acouple of weeks.

2. Barbara's cash sales for the week amount to £742.

3. Barbara supplies meat to the Grand Hotel £217. They will pay for the meat atthe month end.

4. Barbara pays her shop rent £755. She pays her telephone bill £43.

Required: Enter the transactions in Barbara's Ledger.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M92560513
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