The transactions are entered in their appropriate ledgers in the books of Jones David as follows:
<h3>Bank Account</h3>
Date Account Titles Debit Credit
July 1 Capital, Jones David N50,000
July 1 Office furniture and equipment N18,000
July 2 Inventory N12,750
July 4 Accounts Receivable
(Hephzibah) N6,230
July 4 Cash N5,000
July 7 Rent N6,000
July 7 Cash N8,674
July 12 Accounts Payable (Deborah) N3,150
July 13 Telephone N1,250
July 15 Accounts Receivable
(Rebecca) $4,300
July 15 Cash N2,074
July 20 Drawings N1,750
July 24 Sales Revenue N6,250
July 25 Salaries N5,560
July 26 Accounts Payable (Sinuola) N7,124
July 27 Accounts Receivable
(Williams) N4,874
<h3>Cash Account</h3>
Date Account Titles Debit Credit
July 4 Bank N5,000
July 5 Stationery N776
July 6 Sales Revenue N2,334
July 7 Sales Revenue N4,730
July 7 Bank N8,674
July 9 Sales Revenue N5,574
July 12 Freight N150
July 14 Inventory N2,224
July 15 Bank N2,074
July 16 Accounts Receivable
(Sweetness) N2,682
July 23 Transport N270
July 23 Cleaning N600
July 24 Sales Revenue N990
July 29 Electricity N428
July 30 Stationery N1,700
July 30 Sales Revenue N2,434
<h3>Accounts Receivable</h3>
Date Account Titles Debit Credit
July 3 Sales Revenue N7,000
July 4 Bank N6,230
July 4 Cash discount N68
July 13 Sales Revenue N5,200
July 14 Sales Revenue N3,400
July 15 Bank N4,300
July 15 Cash discount N90
July 16 Cash N2,682
July 26 Sales Revenue N5,850
July 27 Bank N4,874
July 27 Cash discount N126
<h3>Inventory</h3>
Date Account Titles Debit Credit
July 2 Bank N12,750
July 6 Accounts Payable (Deborah) N3,250
July 8 Accounts Payable (Deborah) N1,000
July 14 Cash N2,224
July 25 Accounts Payable (Sinuola) N8,900
<h3>Stationery</h3>
Date Account Titles Debit Credit
July 5 Cash N776
July 30 Cash N1,700
<h3>Office Furniture and Equipment</h3>
Date Account Titles Debit Credit
July 1 Bank N18,000
<h3>Rent</h3>
Date Account Titles Debit Credit
July 7 Cash N6,000
<h3>Freight</h3>
Date Account Titles Debit Credit
July 12 Cash N150
<h3>Telephone</h3>
Date Account Titles Debit Credit
July 13 Bank N1,250
<h3>Drawings</h3>
Date Account Titles Debit Credit
July 20 Bank N1,750
<h3>Transport</h3>
Date Account Titles Debit Credit
July 23 Cash N270
<h3>Cleaning</h3>
Date Account Titles Debit Credit
July 23 Cash N600
<h3>Salaries</h3>
Date Account Titles Debit Credit
July 25 Bank N5,560
<h3>Electricity</h3>
Date Account Titles Debit Credit
July 29 Cash N428
<h3>Capital, Jones David</h3>
Date Account Titles Debit Credit
July 1 Bank N50,000
<h3>Accounts Payable</h3>
Date Account Titles Debit Credit
July 6 Inventory N3,250
July 8 Inventory N1,000
July 12 Bank N3,150
July 12 Cash Discounts N100
July 25 Inventory N8,900
July 26 Bank N7,124
July 26 Cash Discounts N1,500
<h3>Sales Revenue</h3>
Date Account Titles Debit Credit
July 3 Accounts Receivable (Hephzibah) N7,000
July 6 Cash N2,334
July 7 Cash N4,730
July 9 Cash N5,574
July 13 Accounts Receivable (Rebecca) N5,200
July 14 Accounts Receivable (Sweetness) N3,400
July 24 Bank N6,250
July 24 Cash N990
July 26 Accounts Receivable (Williams) N5,850
July 30 Cash N2,434
<h3>Cash Discounts Expenses</h3>
Date Account Titles Debit Credit
July 4 Accounts Receivable (Hephzibah) N68
July 15 Accounts Receivable (Rebecca ) $90
July 27 Accounts Receivable (Williams) N126
<h3>Cash Discounts Received</h3>
Date Account Titles Debit Credit
July 12 Accounts Payable (Deborah) N100
July 26 Accounts Payable (Sinuola) N1,500
<h3>Transactions Analysis:</h3>
July 1 Bank N50,000 Capital, Jones David N50,000
July 1 Office furniture and equipment N18,000 Bank N18,000
July 2 Inventory N12,750 Bank N12,750
July 3 Accounts Receivable (Hephzibah) N7,000 Sales Revenue N7,000
July 4 Bank N6,230 Cash discount N68 Accounts Receivable (Hephzibah) N6,298
July 4 Cash N5,000 Bank N5,000
July 5 Stationery N776 Cash N776
July 6 Cash N2,334 Sales Revenue N2,334
July 6 Inventory N3,250 Accounts Payable (Deborah) N3,250
July 7 Rent N6,000 Bank N6,000
July 7 Cash N4,730 Sales Revenue N4,730
July 7 Bank N8,674 Cash N8,674
July 8 Inventory N1,000 Accounts Payable (Deborah) N1,000
July 9 Cash N5,574 Sales Revenue N5,574
July 12 Accounts Payable (Deborah) N3,250 Bank N3,150 Cash Discounts N100
July 12 Freight N150 Cash N150
July 13 Accounts Receivable (Rebecca) N5,200 Sales Revenue N5,200
July 13 Telephone N1,250 Bank N1,250
July 14 Accounts Receivable (Sweetness) N3,400 Sales Revenue N3,400
July 14 Inventory N2,224 Cash N2,224
July 15 Bank N4,300 Cash discount N90 Accounts Receivable (Rebecca) $4,390
July 15 Bank N2,074 Cash N2,074
July 16 Cash N2,682 Accounts Receivable (Sweetness) N2,682
July 20 Drawings N1,750 Bank N1,750
July 23 Transport N270 Cash N270
July 23 Cleaning N600 Cash N600
July 24 Bank N6,250 Sales Revenue N6,250
July 24 Cash N990 Sales Revenue N990
July 25 Inventory N8,900 Accounts Payable (Sinuola) N8,900
July 25 Salaries N5,560 Bank N5,560
July 26 Accounts Receivable (Williams) N5,850 Sales Revenue N5,850
July 26 Accounts Payable (Sinuola) N8,624 Bank N7,124 Cash Discounts N1,500
July 27 Bank N4,874 Cash discount N126 Accounts Receivable (Williams) N5,000
July 29 Electricity N428 Cash N428
July 30 Stationery N1,700 Cash N1,700
July 30 Cash N2,434 Sales Revenue N2,434
Learn more about posting ledger entries here: brainly.com/question/5374498
