Hakim is in business selling furniture. The folowing transactions took place during the first week of May.
Question:
Hakim is in business selling furniture. The folowing transactions took place during the first week of May.
Detail the double entry for each of these transactions.
Transcribed Image Text:
Date Details $ 1 May Purchased furniture for resale by cheque 2 850 2 May Paid rent by cheque 1 500 3 May Purchased a motor vehicle by cheque 3 500 4 May Sold furniture for cash 200 4 May Purchased furniture for resale on credit 4 150 5 May Sold furniture on credit 1 140 6 May Paid a cheque for drawings 600 7 May Purchased funiture for resale in cash 400
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Hello 1MAY PURCHASE AC DR 2850 TO CHEQUE 2870 2MAY RENT PAID AC ...View the full answer
Related Book For
Accounting For Cambridge International AS And A Level
ISBN: 9780198399711
1st Edition
Authors: Jacqueline Halls Bryan, Peter Hailstone
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