1
B Gray has the following purchases for the month of May 2008:
2008
May 1 From M Day: 4 DVD players at £36 each, 3 mini hi-fi units at £122 each. Less 20 per cent
trade discount.
3 From L Hope: 2 tumble driers at £200 each, 5 vacuum cleaners at £40 each, 2 dishwashers
at £160 each. Less 25 per cent trade discount.
15 From G Hill: 1 hi-fi unit at £400, 2 washing machines at £260 each. Less 15 per cent
trade discount.
20 From R Vine: 6 DAB radios at £50 each. Less 30 per cent trade discount.
30 From E Brig: 4 dishwashers at £180 each. Less 10 per cent trade discount.
Required:
(a) Enter up the purchases day book for the month.
(b) Post the transactions to the suppliers’ accounts.
(c) Transfer the total to the purchases account.