Adwoa uses special journals and a general journal. The following transactions occurred during Dec 2 0 2
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Question:
Adwoa uses special journals and a general journal. The following transactions occurred during Dec
Dec Sold inventory on account for $ terms n
Purchased inventory on account from Pen & Paper Ltd for $ terms n
Received amounts owing from customers invoiced for sales of $ on Dec.
Adwoa invested a further $ cash in the business.
Paid Pen & Paper Ltd the amount owing.
Purchased office equipment for $ on cash.
Sold inventory for cash $
EFT transfer of $ to PL Ltd covering full payment of purchased from last month.
Required
Record the transactions for Dec that should be journalized in the multicolumn cash receipts journal and cash payments journal.
Related Book For
Accounting Principles
ISBN: 978-1119419617
IFRS global edition
Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt
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