Write up the following transactions in double-entry accounts of J White. 1 March White places 900 of
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Write up the following transactions in double-entry accounts of J White.
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1 March White places 900 of his own money into the cash till for business use. 4 March He places 500 of the cash into a business bank account. 8 March White buys 400 of machinery, paying by cheque. 12 March White buys shop fittings for 200 on credit from M Yeates. 13 March Machinery worth 200 is sold for the same value for cash. 19 March White decided to bring his own computer into the business at a valuation of 380.
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1 Mar Capital 13 Mar Machinery 4 Mar Cash 8 Mar Bank 19 ...View the full answer
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Related Book For
Frank Woods Business Accounting Basics
ISBN: 9780273725008
1st Edition
Authors: Frank Wood, Mr David Horner
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