On 31 March 2022, Marian Nowak, owner of Party Cosmetics Ltd, lodged cash sales of €5,200 - Junior Cycle Business Studies - Question 9 - 2022
Question 9
On 31 March 2022, Marian Nowak, owner of Party Cosmetics Ltd, lodged cash sales of €5,200. There was no VAT on these sales. Post these transactions to the relevant l... show full transcript
Worked Solution & Example Answer:On 31 March 2022, Marian Nowak, owner of Party Cosmetics Ltd, lodged cash sales of €5,200 - Junior Cycle Business Studies - Question 9 - 2022
Step 1
Sales a/c
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Answer
Date: 31/03/22
Details: Bank/Cash
Total (€): 5,200
Step 2
Bank/Cash a/c
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Answer
Date: 31/03/22
Details: Cash Sales
Total (€): 5,200
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