Open the necessary ledger accounts and post the following transactions to them. May 1 Martine started business
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Open the necessary ledger accounts and post the following transactions to them.
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May 1 Martine started business as a florist by paying $3000 into a business Bank account. 2 Charline lent the business $1000. Martine then had the following transactions. 3 Paid rent, $100. 4 Purchased shop fittings, $400. Purchased stock of flowers $300. 5 Received refund of $20 for flowers returned to supplier. 6 Sold some flowers and received $40. 7 Paid wages, $60. 8 Withdrew $100 for personal use.
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Ledger Accounts CashBank To record all transactions related to the business bank account Charline...View the full answer
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