Sultan started his commercial business at the beginning of April 2004 and the following operations took place
Question:
Sultan started his commercial business at the beginning of April 2004 and the following operations took place during the first week of the start of work:
1/4 Deposit an amount of 12,000D in capital in the fund
2/4 He bought goods at an amount of 1,659D Sufyan, half of which were paid in cash and the rest on the account.
4/3 He sold goods for a sum of 480 dinars to Ali in cash
4/5 Pay m. Shop rent 120 d in cash and m. Advertisements for the facility, 450 d in cash.
7/4 Buy furniture to be used in the shop from Nawras stores on the account with a value of 100 D
4/8 Pay the balance of Nawras and Sufyan stores in cash
Required:
Recording previous operations in the journal and transferring them to the ledger and preparing the trial balance on 8/4/2004.