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.

Answer rating: 100% (QA)

General Journal Date Account title and explanation Post Debit Cred... View the full answer