Please record the following transactions in T-Accounts according
to cost by nature/classification by nature. Then close the accounts
and prepare and income statement
a) The company recorded an invoice for rubbish disposal in the
current month; value 400.
b) The company recorded bank fees; value 50.
c) The company sold goods worth 2 000 for 3 500 on deferred
payment.
d) Goods were delivered to a customer – transport cost 500 and
additional insurance cost of
200, both paid by bank money transfer..
Please record the following transactions in T-Accounts according to cost by nature/classification by nature. Then close
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Please record the following transactions in T-Accounts according to cost by nature/classification by nature. Then close
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