The following information is available about the company. Provide a five-step way to record this information so that it can be used by managers: 1. Investment of the company's shareholders in the...


The following information is available<br>about the company. Provide a five-step<br>way to record this information so that it<br>can be used by managers:<br>1. Investment of the company's<br>shareholders in the amount of 1000<br>monetary units to establish a company<br>and deposit this amount in a current<br>account in a bank.<br>2. Purchase of land for 1,500 currency<br>units, half of which will be paid in cash and<br>the rest next year.<br>3- Purchasing equipment in the amount<br>of 140 monetary units in cash.<br>4. Buy 500 currency units (60% cash<br>and 40% credit).<br>5. Receive a loan in the amount of 90<br>monetary units from the bank and deposit<br>it in the current account.<br>

Extracted text: The following information is available about the company. Provide a five-step way to record this information so that it can be used by managers: 1. Investment of the company's shareholders in the amount of 1000 monetary units to establish a company and deposit this amount in a current account in a bank. 2. Purchase of land for 1,500 currency units, half of which will be paid in cash and the rest next year. 3- Purchasing equipment in the amount of 140 monetary units in cash. 4. Buy 500 currency units (60% cash and 40% credit). 5. Receive a loan in the amount of 90 monetary units from the bank and deposit it in the current account.

Jun 10, 2022
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