Preparing Accounting Records for a New Café: General, Receivables and Payables Ledger Accounts
5 Pages602 Words184 Views
About This Document
This article provides a step-by-step guide on how to prepare the relevant general ledger accounts, receivables ledger accounts and payables ledger accounts to record the transactions of a new café. It also explains how to balance each account off and prepare a trial balance at 31st Oct 2016. The article covers transactions related to sales, purchases, and operating expenses, along with information on loans and interest.