QUESTION#2 :prepare journal general entriesof the following transactions 1.Mr. ali invest $ 1500,000 into business. 2.Mr.Ali purchase machinery for cash $50,000. 3.Mr.Ali paid rent expense for cash...

QUESTION#2 :prepare journal general entriesof the following transactions<br>1.Mr. ali invest $ 1500,000 into business.<br>2.Mr.Ali purchase machinery for cash $50,000.<br>3.Mr.Ali paid rent expense for cash $20,000<br>4.Mr,Ali sold furniture for cash $100,000<br>5.Mr.Ali purchase laptop for cash $30,000<br>6.Mr.Ali withdraw cash $25000 for his personal use from his business.<br>7.Mr. Ali paid electricity bill for $ 120,000.<br>8.Mr. Ali purchase car for cash $20,00000<br>9.Mr.Ali paid advertisement expense for $40,000<br>10.Mr.Ali sold goods for cash $30,000.<br>

Extracted text: QUESTION#2 :prepare journal general entriesof the following transactions 1.Mr. ali invest $ 1500,000 into business. 2.Mr.Ali purchase machinery for cash $50,000. 3.Mr.Ali paid rent expense for cash $20,000 4.Mr,Ali sold furniture for cash $100,000 5.Mr.Ali purchase laptop for cash $30,000 6.Mr.Ali withdraw cash $25000 for his personal use from his business. 7.Mr. Ali paid electricity bill for $ 120,000. 8.Mr. Ali purchase car for cash $20,00000 9.Mr.Ali paid advertisement expense for $40,000 10.Mr.Ali sold goods for cash $30,000.

Jun 11, 2022

SOLUTION.PDF

QUESTION#2 :prepare journal general entriesof the following transactions 1.Mr. ali invest $ 1500,000 into business. 2.Mr.Ali purchase machinery for cash $50,000. 3.Mr.Ali paid rent expense for cash...

Get Answer To This Question

Related Questions & Answers

Submit New Assignment