patrick158 Posts: 2, Reputation: 1 New Member   #1 Jan 28, 2013, 06:20 AM

Finance I have been reviewing computerised accounts questions and whilst most of it is straight forward, the following is not clear. The scenario is as follows: Steven Davis is a self employed owner of Super Clean, a local window cleaning business.He provides services, such as window cleaning, conservatory cleaning and gutter clearance. His domestic customers pay in cash and commercial customers pay on credit. 1) The following weekly income was received from domestic customers during April. All figures are inclusive of Vat. Post these cash sales into Steven''s accounts. Week ending date Sales Category Cash received 10/04/12 Window cleaning £360 Gutter clearance £162 17/04/12 Window cleaning £246 Gutter clearance £126 24/04/12 Window cleaning £186 Gutter clearance 84 30/04/12 Window cleaning £162 Gutter clearance £300 11) Provide a report showing details of these transactions.( OK with this, will post to Bank account under correct nominal code) 111) Steven deposits his cash into the bank at the end of the week, using the next available paying in slip. He gives you the paying in slip at the end of the month. Record these cash deposits in his accounts. This baffles me, because if I enter the transactions as in 1, what figures are they referring to? Bearing in mind that the accounts ******** response to this query To be produced at the end, will be as at 30 April. 1V) provide a report showing details of these transactions. (ok with report, if know what figues to use).

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