began a workshop for car repairs named Enterprises (BE) Ltd on June 1. BE plans to...
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began a workshop for car repairs named Enterprises (BE) Ltd on June 1. BE plans to prepare financial statements at the end of each month. During June, completed these transactions: On June 1 Ahmed invested AED180,000 cash in BE. June 3 June 4 June 20 June 30 BE purchased AED30,000 of equipment. BE repaired a client's car and received AED10,000 cash. Ahmed withdrew AED 1,500 from the business for personal use. BE paid a mechanic AED9,000 cash as wages for the month. Required tasks: a. Prepare journal entries to record the above transactions. b. Post these transactions to the ledger. c. Prepare a trial balance for the month ended 30 June 2023. began a workshop for car repairs named Enterprises (BE) Ltd on June 1. BE plans to prepare financial statements at the end of each month. During June, completed these transactions: On June 1 Ahmed invested AED180,000 cash in BE. June 3 June 4 June 20 June 30 BE purchased AED30,000 of equipment. BE repaired a client's car and received AED10,000 cash. Ahmed withdrew AED 1,500 from the business for personal use. BE paid a mechanic AED9,000 cash as wages for the month. Required tasks: a. Prepare journal entries to record the above transactions. b. Post these transactions to the ledger. c. Prepare a trial balance for the month ended 30 June 2023.
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a Prepare journal entries to record the above transactions 1 On June 1 Ahmed invested AED180000 cash ... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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